In collaboration with the National SC-ST Hub (NSSH), Ministry of MSME, the initiative aims to help entrepreneurs scale their ventures, adopt technology, and access new markets
RAIPUR (Chhattisgarh): Indian Institute of Management (IIM) Raipur, in collaboration with the National SC-ST Hub (NSSH) under the Ministry of Micro, Small & Medium Enterprises (MSME), has announced the launch of a special Business Accelerator Program aimed at empowering existing and next-generation SC/ST entrepreneurs. The initiative is designed to support business owners who are looking to scale up, innovate, and expand into new markets while strengthening their managerial capabilities.
The program, which begins on January 17, 2026, is open for applications until December 15, 2025.
Significance of the Program
The Business Accelerator Program holds immense significance as it provides SC/ST entrepreneurs with a rare and high-impact opportunity to strengthen their business ventures through world-class management training, expert mentoring, and structured support. In a rapidly evolving economy where competitiveness and innovation determine success, the program equips entrepreneurs with the knowledge, skills, and confidence required to scale their enterprises sustainably. By enabling access to new markets, government procurement avenues, digital technologies, and valuable networks, the initiative directly addresses long-standing barriers faced by marginalized communities in business. It not only promotes inclusive growth and entrepreneurship but also contributes to building a more equitable economic landscape where SC/ST-owned enterprises can thrive, expand, and lead.
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Why It Is a Golden Opportunity
This program is a golden opportunity because it offers SC/ST entrepreneurs of Chhattisgarh State access to world-class management education and expert mentoring at a highly subsidized fee—something that is rarely available in the entrepreneurial ecosystem. With IIM Raipur’s academic excellence and the strong support of the National SC-ST Hub, participants gain direct entry into a learning environment that sharpens business skills, unlocks new markets, and builds long-term competitiveness. The combination of structured training, government-backed support, digital transformation guidance, and networking with industry leaders creates a transformational platform that most entrepreneurs cannot access on their own. For many participants, this program becomes a turning point—helping them scale faster, reduce risks, and take their businesses to the next level with confidence and clarity.
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A Dedicated Platform for SC/ST Entrepreneurs
The Business Accelerator Program focuses exclusively on entrepreneurs from Scheduled Castes (SC) and Scheduled Tribes (ST) communities, offering them a structured growth ecosystem through training, mentorship, and market linkages. The program is equally open to the wards of SC/ST entrepreneurs, reflecting an effort to nurture future generations of business leaders.
With India witnessing rapid expansion in the MSME sector, the initiative aims to bridge capability gaps and provide equitable access to business development resources.
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Strengthening Business Models for Sustainable Growth
A key objective of the program is to help participants strengthen their business models. Entrepreneurs will receive guidance to refine their strategies, streamline operations, and adopt sustainable practices that support long-term growth.
Industry experts and mentors will offer insights on managing competition, optimizing operational efficiency, and building resilient enterprises capable of adapting to changing market conditions.
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Expanding Market Access and Procurement Opportunities
An important component of the accelerator is training on new market identification and government procurement opportunities. With the Government of India promoting inclusive procurement through schemes like the Public Procurement Policy for MSEs, SC/ST entrepreneurs stand to gain immensely from specialized guidance.
Participants will learn how to access large institutional markets, bid for government contracts, and leverage schemes that support SC/ST-owned businesses.
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Harnessing Technology for Business Advancement
Digital tools and scalable technologies play an essential role in modern business operations. The program will train entrepreneurs to adopt digital transformation, including financial technologies, marketing automation, enterprise tools, and e-commerce integration.
The objective is to help participants reduce costs, improve productivity, and increase market presence through effective use of technology.
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Building Networks with Mentors, Investors, and Industry Experts
Networking is central to business growth, and the accelerator program offers access to mentors, industry leaders, investors, and successful entrepreneurs. Through structured interactions and curated sessions, participants will gain valuable insights and build relationships that can support their expansion plans.
This networking ecosystem is expected to help participants secure partnerships, investments, and new business collaborations.
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Program Highlights: A Comprehensive Learning Experience
The Business Accelerator Program integrates academic learning with real-world business insights through a carefully curated structure.
Key Features Include:
- 72 hours of structured training delivered both on-campus and online at IIM Raipur
- 18 hours of hands-on mentoring by domain experts
- Capacity-building workshops on business strategy, operations, marketing, and leadership
- Networking sessions that connect participants with investors and market leaders
- Exposure to new growth avenues across sectors and industries
The program’s mixed-mode training ensures flexibility while maintaining academic rigour.
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Eligibility Criteria
The program is open to:
✔ Existing SC/ST Entrepreneurs
Those who are already running business ventures across sectors.
✔ Aspiring Entrepreneurs (Wards of SC/ST Entrepreneurs)
Designed to encourage youth to enter entrepreneurship.
Age & Education Requirements
- Minimum age: 18 years
- Education: Graduate in any discipline
- Women candidates will be given preference to promote inclusive entrepreneurship.
Not Eligible
Applicants whose Udyam Registration lists “Trading” as their major business activity are excluded from this program.
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Affordable Participation Through NSSH Sponsorship
The total program fee is ₹99,000 + GST, but thanks to the sponsorship under the National SC-ST Hub (NSSH) Scheme, selected participants are required to pay only a registration fee of ₹7,500 (inclusive of GST).
This substantial subsidy aims to encourage wider participation from marginalized communities.
Key Dates
- Application Deadline: December 15, 2025
- Program Start Date: January 17, 2026
Interested candidates can apply online through the registration link provided by IIM Raipur.
Apply Now
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A Transformational Opportunity for Inclusive Growth
The Business Accelerator Program represents a major push toward inclusive entrepreneurship in India. By offering training, mentorship, technological support, and access to new markets, the initiative has the potential to transform business journeys for SC/ST entrepreneurs across the country.
Those looking to scale their ventures, innovate, or expand their market footprint are encouraged to apply and take advantage of this unique opportunity.
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