PM-YUVA Yojana aims to create an enabling ecosystem for entrepreneurship development through entrepreneurship education & training, advocacy, and easy access to entrepreneurship network. The project also aims to promote development of social enterprises for inclusive growth. The project will be implemented in collaboration with Wadhwani Foundation, a California (USA) based non-profit public benefit corporation for duration of five years .
Under PM-YUVA Yojana, 2200 colleges, 300 schools, 500 ITIs and 50 EDC will be enabled to deliver entrepreneurship education and training to over 7 lakh students. This initiative is expected to create approx. 30000 start-ups over five years, consequently, creating approx. 2,60,000 direct and indirect jobs. Also, a strong pool of approx. 8900 Entrepreneurship Educators and 10,180 Mentors will be created.
This will be supported by a network of Entrepreneurship and Coordination Hubs (E-hubs), comprising of 1 National E-hub, 5 Regional E-Hubs and 50 Nodal E-Hub for resource management and organization at different levels. The enrolled colleges, schools, ITIs and EDC under this program will be the implementation arm of the Project.