Press Release: 21. July 2009
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Hewlett Packard India awards Rs. 3.63 crores towards entrepreneurship education in India

Hewlett Packard India awards Rs. 3.63 crores towards entrepreneurship education in India


~ 2009 HP Entrepreneurship Learning Program (HELP) to facilitate training of 5,290 entrepreneurs~


National, July XX, 2009– Hewlett-Packard India (HP) has announced the 2009 grant award recipients associated with the HP Entrepreneurship Learning Program (HELP). These grant awards, worth Rs.3.63 crores (USD 758,553) will provide 5,290 entrepreneurs with the right technology training to be able to solve everyday business challenges, enabling them to grow their businesses and create new jobs.


These entrepreneurs, or “microenterprises”, are the fastest growing businesses worldwide, creating the most jobs. According to CIA World Fact Book, 25% - 30% of the world’s labor force is unemployed or underemployed.


The 2009 HELP grant awards were announced following a thorough analysis of the 10 NGO-operated training centres across and the Asia Pacfic


region by the program partner, Education Development Centre (EDC).EDC has also conducted a competitive review of all proposals submitted by the centres, and has been instrumental in assisting HP identify award grant recipients.This year, the program aims to target and develop business and IT skills in young people and recent graduates through the introduction of the GET-IT curriculum into the program.




Ms. Bina Raj-Debur, Director, Corporate Marketing HP Indiasaid “Over 70 years ago, Bill Hewlett and Dave Packard founded HP, a micro enterprise in a suburban garage – today that suburb is


Silicon Valley and HP is the world’s largest IT company.




We are proud to support the next generation of entrepreneurs through the HELP program. We believe combining the power of technology with creative and effective partnerships to create economic and social value for communities is very important. We trust these grants will contribute to strengthen the skills of aspiring entrepreneurs and enable them to grow. Through HELP, we are glad to deepen our engagement with organizations that reach out to individuals who are at the forefront of change.”


The objective of the 2009 program is to provide SMEs with the right technology training to be able to solve every day business challenges, so they can grow and create new jobs. Specifically the objectives for the 2009 program are two-fold:


1)To increase the capacity of existing MEDCs in providing training through the STSB(full form) and GET-IT curriculum(full form).GET-IT is designed to train young entrepreneurs and those who plan to start-up businesses on how to use IT to support and develop a business.More information about GET-IT can be found at http://www.graduate-training-through-it.net/.


2)To support existing MEDCs in the implementation of a strategic plan for achieving sustainability in the next 3-5 years.


The following organizations in


have received the 2009 grant for the HP Entrepreneurship Learning Program :




·Association of Women Entrepreneurs of Karnataka: AWAKE


·Centre for Entrepreneurship of Karnataka


·Development Alternatives Group


·Entrepreneurship Development Institute of


: EDI




·Dhriiti


·Federation of


South India Producers Association




·Foundation of Occupational Development


·Self Employed Women's Association: SEWA


·Technology Informatics Design Endeavour: TIDE


·Xavier Institute of Management & Entrepreneurship: XIME


The HP Entrepreneurship Learning Program consists of 4 key elements:


1. Micro Enterprise Development Centres (MEDCs) equipped with HP technology, and supported by cash grants


2. Curriculum, designed in partnership with MEA-I,


3. Training of trainers, and


4. Networking opportunities for MEDCs, provided by HP-sponsored events.


Other program partners include Micro-Enterprise Acceleration Institute (MEA-I), which provides the curriculum for HELP, and Australian National University (ANU), which has provided consulting services to aid the development of a robust monitoring and evaluation framework for the program.


By employing a rigorous monitoring and evaluation (M&E) framework, HP aims to ensure accountability, transparency and continuous improvement in its community investment programs.


About HELP


The HP Entrepreneurship Learning Program was launched in 2007 to support the growth of micro-enterprises in communities across Asia Pacific and


experiencing high levels of unemployment or economic decline.



Facts and figures


·There are 14 Microenterprise Development Centres (MEDCs) in


out of a total of 47 in Asia Pacific



·HP has contributed INR five crore seventy five lacs over the past two years (07 & 08) and INR nine crore thirty eight lacs including the 2009 grants towards the entrepreneurship development program


·As of May 2009 over 3,200 micro-enterprises have been through the program with over 43 percent of these reporting significant improvements to their business and hundreds of new jobs created.


For more on the HELP grants visit www.hp.com/hpinfo/grants/


About HP’s Global Social Investment Strategy


HP focuses on programs and organizations that help educators build skills and use technology to enhance lessons and re-imagine their approach to teaching. We help educators combine excellent instruction with the unique capabilities of technology to transform the learning experience.


HP awards grants of cash, HP technology and other resources to primary and secondary public schools, colleges, and universities. Evidence shows that the effective use of technology, combined with exemplary teaching, can positively impact student academic outcomes, and create a more engaging, personalized and collaborative learning environment. Since 2000, HP has provided more than $250 million in funding, equipment and training to support education.


Part of our emphasis on education is cultivating tomorrow’s entrepreneurs. HP works with training organizations to help micro entrepreneurs and young people acquire the IT skills and knowledge required to succeed in the workforce, launch new businesses and help their local communities prosper.


About HP


HP, the world’s largest technology company, simplifies the technology experience for consumers and businesses with a portfolio that spansprinting, personal computing, software, services and IT infrastructure. More information about HP (NYSE: HPQ) is available at http://www.hp.com/.


For more on Citizenship at HP in


visit:


www.hp.com/in/globalcitizenship

Editorial contacts:


Srihari Gopinath


Hewlett-Packard Pvt Ltd


+91 80 2504 1687


srihari.gopinath@hp.com


Aparna Vemuri


Burson-Marsteller for HP


+91 9886711903


aparna.vemuri@bm.com


Hewlett Packard India awards Rs. 3.63 crores towards entrepreneurship education in India

IN-EN, 2009-07-13

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