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FICCI’s FLO signs MoU with IESC of IIM Shillong to mentor women entrepreneurs

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FICCI-FLO-inks-pact-with-IESC,-IIM-Shillong-to-mentor-women-entrepreneursOn November 22, 2020, FLO (FICCI Ladies Organization), the women’s wing of Federation of Indian Chamber of Commerce and Industry (FICCI) signed a Memorandum of Understanding (MoU) with the Incubation and Enterprise Support Centre (IESC) of Indian Institute of Management (IIM), Shillong to mentor women’s entrepreneurs.

  • IESC chairperson Sanjeeb Kakoty and FLO national president Jahnabi Phookan signed the deal for their respective organisations.


Through this MoU, FLO aims to create an independent Entrepreneurial ecosystem to empower women, make themselves self-sufficient and  to transform women into Job Creators.

Key Points:

i.The  MoU  will create a sustainable ecosystem within FLO to identify potential start-ups and provide entrepreneurs with necessary guidance and support.

ii.A nurturing, instructive and supportive environment will be created to help entrepreneurs in the  initial and critical stages of  their business.

iii.The Guidance and mentorship will help in reducing the initial startup costs and to establish their businesses in a short timespan.

Recent Related News:

i.On August 21, 2020, Travel Agents Association of India (TAAI) and Federation of Indian Chambers of Commerce and Industry (FICCI) Ladies Organisation (FLO) inked a formal Memorandum of Understanding (MOU) with the Ministry of Tourism for women empowerment through video conference.

About  FLO (FICCI Ladies Organization):
President – Jahnabi Phookan
Headquarters – New Delhi

About Federation of Indian Chamber of Commerce and Industry (FICCI):
President – Sangita Reddy
Headquarters – New Delhi

About Indian Institute of Management, Shillong (IIM):
Director – Prof DP Goyal
Chairperson of Board of Governors– Shishir Kumar Bajoria
Location  – Shillong, Meghalaya