Building Entrepreneurial Ecosystem in Mizoram
To ignite venture creation and growth, governments need to create an ecosystem that sustain entrepreneurs. That is why the new holy grail for governments in both emerging and developed countries is to create an environment that nurtures and sustains entrepreneurship. The case is also true for Mizoram. With 64 per cent of the population in the working age group coupled with various untapped opportunities backed up by political will, the State Government decided to create an ecosystem that had never existed in the State so far.
“Mizoram State Entrepreneurship Development & Monitoring Committee” or MEDMOC was constituted (dated 25.10.2016) and Entrepreneurship Development Scheme (EDS) launched on 18th January 2017. MEDMOC coordinates implementation of EDS through concerned departments, educational institutions and their agencies. Planning and Programme Implementation Department is nodal department for the scheme, and provide secretarial assistance to the Committee.
The foremost aim of MEDMOC (EDS) is to promote vibrant entrepreneurial scenario which is crucial for the built-up / growth of the economy. Considering this, EDS will focus on imparting the importance of entrepreneurship among schools and colleges students in particular, and to the common people in general. Moreover, it plans to promote microenterprise projects / schemes with promising prospects.
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MEDMOC
Building Entrepreneurial Ecosystem in Mizoram
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