BWI: ‘NGI Initiatives’ Launches Foundation in its first Anniversary to create Entrepreneurship and Combat Terrorism

Press release from Business Wire India
Source: New Global Indian
Thursday, January 08, 2009 03:20 PM IST (09:50 AM GMT)
Editors: General: People; Business: Advertising, PR & marketing, Business services, Education & training, Information technology, Media & entertainment; Technology
Release no: 18877
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'NGI Initiatives' Launches Foundation in its first Anniversary to create Entrepreneurship and Combat Terrorism


Chennai, Tamil Nadu, India, Thursday, January 08, 2009 -- (Business Wire India) -- On the occasion of the 5th Pravasi Bharatiya Divas being organized in Chennai Trade Centre today, Boston and Pune based New Global Indian Initiatives, which is celebrating its first anniversary, has announced the launch of NGI Foundation to impact the Indian society in general and youth in particular in a major progressive way. The Foundation, to begin with, has its avowed objectives as entrepreneurship training, micro-financing of a new generation of social entrepreneurs, and taking up a campaign to combat terrorism and create awareness among the youth of India on issues connected to terrorism.

"The Foundation will seek to identify and train future entrepreneurs from disadvantaged families, and provide them with seed money through bank loans, angel investments and micro financing from our end. Going beyond dependence on government projects and foreign investments, Indian youth needs to create its own entrepreneurial talent pool and initiatives. The Foundation will facilitate this process. To begin with, the Foundation in 2009 will identify and train in entrepreneurship a hundred youths between 20 and 30 years of age, and provide them with the seed capital to start their initiatives", informed Kanchan Banerjee, an Indian-American from Boston and Chairman of NGI Initiatives. He has already identified several willing angel investors from USA and is in conversation with banking and other financial organizations to implement this goal of the new Foundation.

NGI Initiatives as a monthly magazine and an online portal, www.newglobalindian.com, was launched in the last Delhi PBD of January, 2008, and has been publishing the magazine every month which has now reached a print order of 10,000 copies and is sent to subscribers among people of Indian origin in a total of 16 countries around the world. It is during this first anniversary of NGI Initiatives, that the Foundation has been established and announced.

The India-based partner of the iPremm Chairman Kanchan Banerjee of Boston, Prof Ujjwal K Chowdhury, currently the Dean of Pune-based Symbiosis International University, brings in another dimension in the working of the Foundation in the wake of the recent terror strike in Mumbai.

"The recent spate of terrorism in India makes it necessary to create a 360 degrees communication campaign to create awareness about terrorism, its causes and manifestations, and ways and means of tackling it, socially, legally and at individual levels. Hence, the Foundation, in association with the Symbiosis Institute of Media & Communication, will launch an awareness campaign through workshops, on-ground events, on-air publicity, articles and features, posters and theatre on this issue among the youth of Indian in educational campuses and towns, trying to reach out to a million youth over this year," notes Prof Ujjwal K Chowdhury.

On February 5 next, NGI Foundation and SIMC will organize a Combat Terror Day in Pune bringing together a thousand youth and some stalwart speakers from media, art, culture, defense and social life, for a panel-discussion, a mobile exhibition of photographs and creative expressions against terrorism, and with a leading news channel shooting and telecasting a talk-show.

"Over the next one year, NGI magazine will aim to reach out to every nation in the world wherever a person of Indian origin lives. The NGI Foundation will tap into the knowledge and management expertise of Indian experts around the globe in different business sectors, technological and financial resources of many of our patrons and train and start entrepreneurial initiatives of a hundred graduate youth from disadvantaged families of India. This is apart from the NGI portal reaching out to more than a million of Indians across the world on-line, and a global NGI meet being organized later this year in Orlando of USA," informs NGI Chairman, setting forth the goals of the year ahead.


CONTACT DETAILS
Ujjwal K. Chowdhury, New Global Indian, +91 9373311239, ujjwalk.chowdhury@gmail.com
Kangkan Mahanta, New Global Indian, +91 9763594218
Kanchan Banerjee, New Global Indian, +1-617 306 6609

KEYWORDS
PEOPLE, MARKETING, BUSINESS SERVICES, EDUCATION, IT, MEDIA, TECHNOLOGY

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