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ICICI Bank partners with CyberMedia to launch knowledge series for SME CEOs

12-April-2008
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ICICI Bank partners with CyberMedia to launch knowledge series for SME CEOs

ICICI Bank has joined hands with CyberMedia to launch an innovative nationwide programme to equip small and medium enterprises (SMEs) with skills and knowledge relevant to their respective sectors.

The programme aims to empower CEOs of various SMEs by providing a platform for knowledge sharing and joint learning. The forum will cover identified industrial clusters in 26 different cities, offering an opportunity for the CEOs to interact with the experts in various fields such as human resources, taxation, marketing, finance and entrepreneurship. The experts include practicing professors from IIM Calcutta, taxation experts from advisory firm Deloitte, and bankers from ICICI Bank.

The first half of the programme is titled ‘Financial Clinic’. It is a first-of-its-kind customised session where experts will give advice on how to raise capital for each stage of a business providing entrepreneurs with information on the financial procedures like debt financing, private equity, M&A, forex advice and other risk management products. In the second half, there will be a one-on-one mentoring session with the experts, where each entrepreneur will get enough time to interact and discuss their issues and concerns with the mentors.

The mentoring session will be followed by a panel discussion, where the panel, in addition to the experts, will also include local successful entrepreneurs from the concerned clusters. Thus, the initiative would be a complete package to empower, educate and equip the entrepreneurs for the emerging opportunities and growing competition.

Vijay Chandok, Senior General Manager & Global Head SME, ICICI Bank, said, “The SME CEO Knowledge Series is yet another initiative towards our desire to create a vibrant ecosystem for the SMEs. This will also enable us to cater to entrepreneurs at the root level with specific knowledge and guidance, thereby strengthening the industry as a whole.”

Pradeep Gupta, Chairman, CyberMedia, said, “Our entrepreneurs have a great hunger for growth. The zeal shown by ICICI Bank, IIM Calcutta and Deloitte to share their knowledge at this forum is overwhelming. SME CEO Knowledge Series will prepare these entrepreneurs for a growth momentum that will propel them into the next stage of growth.”

ICICI Bank has initiated several programmes like the SME Dialogue, Emerging India Awards and SME Toolkit to help SMEs interact and transact among themselves as also with large corporations.

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