NTR Trust and Uber signs MoU Hyderabad, Feb 1 (INN): NTR Trust, a not-for-profit organization and Uber, a technology company, signed a Memorandum of Understanding (MoU) on Monday to create 20,000 new entrepreneurial opportunities in the states of Andhra Pradesh and Telangana.
As a part of this MoU, NTR Trust and Uber will collaborate to provide skills training and co-create development programmes for Driver Partners. NTR Trust will help source, train, screen and facilitate seed funding and bank linkages for youngsters, who will go on to become micro-entrepreneurs on the Uber platform. NTR Trust and Uber will reach out to potential candidates through awareness programmes and mobilization drives.
Additionally, on completion of their training, Uber will help eligible candidates procure loans from top financial institutions through specialized vehicle financing programmes.
Siddharth Shanker, GM, Uber Hyderabad, said 'Uber is deeply committed to encouraging micro-entrepreneurship and building skilled labour in the cities that we serve. We look forward to this collaboration with NTR Trust and to provide the entrepreneurs with necessary training, access to vehicle financing, technology and digital innovation. We're excited to be a part of their entrepreneurial journey.'
'At NTR Trust, we acknowledge the need to embrace innovation and technology-led solutions to empower people and create livelihood opportunities. We are excited to partner with Uber to contribute to the economic development of the two Telugu speaking states through skills training and creation of thousands of flexible and sustainable entrepreneurial opportunities for the people of Andhra Pradesh and Telangana', said Mr.T.Vishnu Vardhan, CEO, NTR Trust.
The MoU signing ceremony was performed in the presence of Mr. David Plouffe, Chief Advisor, Uber Inc., a prominent American political strategist best known for Barack Obama's Presidential Campaign and Nara Lokesh, Trustee, NTR Trust.
News Posted: 1 February, 2016
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