MBAtrek Private Limited, a prominent player in the higher education upskilling industry, has launched a groundbreaking initiative LEAPfwd - India's First MBA program tailored for young MSME (Micro, Small, and Medium Enterprises) business leaders. This innovative program directly contributes to the growth and development of the nation.
India's economic landscape is undergoing rapid transformation, with MSME businesses playing a pivotal role. These enterprises contribute nearly 30% to India's GDP and account for an impressive 45% of the country's industrial output, as reported by the Press Information Bureau in 2020-21. Employing over 120 million people, they form a crucial part of the "Atma Nirbhar Bharat" (Self-Reliant India) initiative and lay the foundation for robust economic development.
While the numbers are impressive, there is a noticeable gap in the knowledge and skills required for sustainable growth in the MSME sector. This gap is particularly evident among young leaders who are essential for driving the nation's growth. This is where "LEAPfwd" steps in as a dedicated and practical solution. In alignment with the vision of "MSME means Maximum Support to Micro Small & Medium Enterprises" by Honourable Prime Minister Narendra Modi, LEAPfwd aims to equip MSME leaders with the skills and strategies necessary to achieve success in the sector.
For more information, visit the Experiential MBA program for MSMEs .
The Key highlights of LEAPfwd - MSME MBA Experiential Program include:
- Access to over 50 MSME experts with leadership experience at renowned companies like Apple, Honeywell, Ranbaxy, Google, and Amazon.
- A unique "Bring your own Business Problem (BYOB-P)" model.
- Personalized 1:1 Business Mentorship.
- Six immersive experiences across India.
- An international immersion opportunity.
- Six industry visits.
- A degree conferred by NAAC A+ accredited Manglaytan University.
- Venture capitalist (VC) grade business plan development for new-age businesses.
- A focus on technology and digital strategy.
- Support for family office and succession planning.
Commenting on the program's launch, Mr. Abhishek Srivastava, CEO and Co-Founder of MBAtrek, stated, "LEAPfwd embodies our commitment to nurturing the growth and sustainability of India's MSME sector. Through this program, we empower MSME leaders not only to overcome challenges but also to thrive in today's dynamic business environment."