IIM, IIT Alumni to offer free training to 5,000 low-income students

Alumni of the Indian Institute of Management (IIM) Ahmedabad and the Indian Institute of Technology (IIT) Madras have collaborated to train around 5,000 students from low-income backgrounds. “GUVI, a startup incubated by IIT Madras and IIM Ahmedabad, is launching a new initiative called Fly High to provide free job placement training to 5,000 students from economically weaker departments,” the official press release read.

The initiative will give students access to teaching services from industry experts, local technology courses, and skills training. Graduates of IIM-A and IIT-M will eventually acquire the skills and talents of these students and prepare them for the job completely free of charge. The scholarship is available to students with low socioeconomic backgrounds or family income less than Rs 3 lakh per year. To be eligible for the program, students must have graduated in 2020, 2021 and 2022 with a CGPA of 7 or higher.

The press release adds: “Recognizing the barriers that students from weaker departments face, the startup is bridging the employability skills gap in the IT and software industry by providing students with an opportunity for professional advancement through relevant technical skills.”

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The ‘Sridevi Arunprakash Innovation Award‘ was also launched by the startup holding a cash prize of Rs 1 Lakh. Under this award, emerging women entrepreneurs who have outstanding innovations in the education technology industry will be honored. “The award winner will be selected by an eminent panel consisting of leaders in education technology by the investment industry, such as Ms. Ragini Chaudhry, Chief Investment Officer, Caspian Venture Capital & Private Equity.”

Referring to the wise thoughts of Mrs. Sridevi Arunprakash, who said, “Education is priceless, no one can steal it from you” and “Focus on improvement not testing”, GUVI has committed to imparting coding skills by providing free access to the game. Programming practice platform , HackerKid, for more than 1,000 children supported by NGOs such as the BalaMandir Kamaraj Trust,” the press release adds.