Jaipur, Nov 17 (KNN) The Indian Institute of Management Udaipur (IIMU) is collaborating with the Rajasthan State Industrial Development and Investment Corporation Limited (RIICO) to extend support in developing incubation facilities for FinTech startups at the FinTech Park in Jaipur.

As per the official release, IIM Udaipur will prepare an extensive plan of innovative skill development training programmes for officials of RIICO (called Capacity Building Programs) and for the executives of companies that set up offices in FinTech Park.

Speaking about the collaboration, Professor Ashok Banerjee, Director, IIM Udaipur, said "IIM Udaipur, through this MoU has demonstrated its willingness to work with the Government of Rajasthan to provide training to the officials of the state administration and employees of FinTech companies on emerging areas of digital technology. We would like to extend our support in other areas of mutual interests in the future.”

Under this agreement, IIM Udaipur will also offer curated long-duration online certificate programmes for new talent, undertaking sponsored research/projects on emerging areas, and holding short-duration face-to-face training programmes on soft skills for the executives in the FinTech Park, Jaipur.

IIM will also advise and facilitate RIICO for activities/areas to cover in Fintech. It will help the corporation in scrutinizing the proposal of land allotment to the developer and unit in Park as well as with investor outreach for Fintech Park.

RIICO in return will provide students pursuing one-year MBA in Digital Enterprise Management at IIMU with access to placements in FinTech companies in FinTech Park, on mutually acceptable terms.

It will also extend necessary support to RIICO in developing incubation facilities and other infrastructure facilities in Fintech Park.  (KNN Bureau)