Sunday, June 26, 2022

EA presents ‘interest free loans’ to BEST awardees

By EMN Updated: Jul 10, 2017 11:26 pm

Dimapur, July 10 (EMN): With their completing the Basic Entrepreneurial Skills Training (BEST) programme, local capacity building group the Entrepreneurs Associates (EA) organized an award ceremony on July 10, at the EA’s training centre at Darogapathar in Dimapur.

The Entrepreneurs Associates has informed that it has given out Basic Entrepreneurial Skills Training awards as part of a local capacity building initiative to nurture entrepreneurs.

“Besides the entrepreneurial skill training, the most unique feature of BEST is the EA BEST Award entailing an interest free loan of up to Rs. 1 Lakh,” a press release from the organisation stated on Monday.
“The trainees are considered on various parameters like business design, innovative idea(s), punctuality, participation, and performance during the training, among others. The award was designed to encourage young aspiring entrepreneurs to kick-start their business, and create role models for ethical business to the younger generation.”
The EA BEST Award was presented to three individuals in a batch of 24 aspiring entrepreneurs. According to the press release, Vepocho, a postgraduate from the North East Hill University at Shillong, started a student store (stationery) with the little savings he had right after his master’s.
“He joined the BEST training to get more support financially but speaks of a clear vision after the training as it made him realise what really entrepreneurship is all about. Meanwhile, the other awardee, Mr. Mulong Imchen, wants to start a grocery store on his own land. He intends to become independent, self- reliant, and looks forward to his venture,” the press release stated. The third EA BEST Awardee was Shikaholi Aye, the press release said. ‘A widow at an early age with two children, Ms. Shikaholi’s perseverance is commendable as she plans to start a backyard poultry and a shop,’ the organisation stated.
During the award ceremony, Tiatemsu Longchar, chairman of EATACOL, motivated awardees by saying, “entrepreneurs life is a busy life with a never-give-up attitude; and discipline should be the outlook of a successful entrepreneur.”
Longchar went on to exhort the aspiring entrepreneurs to be an inspiration and added “today, we may be giving out just a small amount but this is just the beginning. And the motive is to see you grow,” the press release stated.
Also, Khosato, block co-ordinator at Chumukedima (SVEP), motivated the trainees to “start small with greater perspectives,” according to the press release.
“He also posed a challenge to the BEST trainees to be accountable and give back to the society when you become a successful entrepreneur,” the organisation stated.
“The BEST training comprises of a 90 hour program. Each BEST wave has three awardees. For more information on our BEST training, email us at”

By EMN Updated: Jul 10, 2017 11:26:53 pm