Equippp Social Impact Technologies Executes MoU with Government of Telangana to Launch Fellows Program
Equippp Social Impact Technologies Ltd has entered into a Memorandum of Understanding (MoU) with the Telangana Academy for Skill and Knowledge (TASK), Department of ITE&C, Government of Telangana. The agreement establishes a collaborative framework aimed at designing, developing, and delivering a customized EQUIPPP Fellows Program.This initiative is described as a first-of-its-kind effort intended to formally develop field-ready professionals who possess domain knowledge combined with cutting-edge technology skills. TASK will function as the finishing-school partner in this collaboration.
Equippp will then utilize these resources for various stakeholders, including Governments, CSR agencies, non-profits, social enterprises, and other interested parties.
Key Terms of the Partnership
The partnership between Equippp and TASK involves several significant terms designed to ensure targeted skill development and professional absorption.TASK is responsible for the creation, training, and supply of these specialized resources exclusively for EQUIPPP. The process includes an initial aptitude test, followed by targeted training for selected candidates who will eventually be handed over to EQUIPPP.
The program duration spans between six months to one year. During this period, participants are designated as 'Fellows' and are provided with a designated remuneration or stipend. Upon successful completion of the program, these Fellows will be absorbed into full-time roles at Equippp.
Program Structure and Operational Model
The EQUIPPP program is designed around a hybrid learning model. This structure ensures that Fellows are deployed directly into the field to gain hands-on experience while simultaneously completing their formal training modules.Key details regarding the agreement are provided below:
| Agreement Parameter | Details |
|---|---|
| Name of Parties | Telangana Academy for Skill and Knowledge (TASK), Department of ITE&C, Government of Telangana |
| Purpose of MoU | Establish a collaborative framework to design, develop, and deliver a highly customized EQUIPPP Fellows Program. |
| Size of Agreement | Not Applicable |
| Shareholding in Entity | Nil |
| Related Party Transaction | No |
| Program Duration | 6 months to 1 year |
| Fellow Designation | Candidates are designated as 'Fellows' and provided with a specified stipend during training. |
The agreement is not related to any promoter or the promoter group, and it does not constitute a related party transaction.
EQUIPPP Stock Price Movement
On Thursday, Equippp Social Impact Technologies Limited's stock shed 1.86%, settling at ₹21.65. Trading volume for the equity totaled 81,968 shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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