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Social media behemoth Facebook has officially announced the launch of a new Startup hub to help entrepreneurs in starting up and scaling their businesses. In the initiative, the company is planning to establish digital training centres to help enhance digital literacy among job seekers.
As per the official statement, “Facebook is aiming to train over 500K Indians through these online hubs within the next three years.” Speaking on the development, a spokesperson from Facebook said, “We worked with local organisations, including Digital Vidya, EDII (Entrepreneurship Development Institute of India), Dharma Life and Startup India, to develop the learning curriculum, which is available on mobile in English and Hindi. The curriculum includes skills for tech entrepreneurs, including how to protect ideas, how to hire, how to go about getting funding, what regulations and legal hurdles one needs to consider and how to build an online reputation.”
Elaborating further, Ritesh Mehta, Head of Economic Growth Initiatives, India and South Asia at Facebook said, “Digital skills unlock opportunities, empower people to dream big, build products, grow businesses and foster communities. We want more people to have the opportunity to hone their skills, build businesses or create something for their community because investing in people can lead to incredible things.
Almost 93% of small and medium businesses surveyed in India say that digital and social media skills are more important when making hiring decisions. Also, 89% of small and medium businesses surveyed in India report that having a lack of familiarity with digital tools available is a challenge.”