In a first of its kind agreement by a channel partner association ever,
Delhi-based Progressive Channels Association of InforÂmation Technology (PCAIT)
is said to have signed a MemoÂrandum of Understanding (MoU) with The Indus
Entrepreneur, Delhi Chapter (TiE) for a period of three years, starting April 1,
2009.
The MoU, which is subject to approval by the board of TiE, was signed in
Delhi, and the event was attended by the entire executive council of PCAIT.
According to the terms of the agreement both the organizaÂtions will come
together to undertake collaborative activities in certain set fields based on
the existing data that exist with both TiE and PCAIT. The common commitment
behind the MoU being to foster and support entrepreneurship.
Striving for the overall growth of the IT industry and members of both the
institutions, interfacing with government bodies on key policy issues, creating
a common platform for the member companies to network and share resources/best
practices and establishing a benchmark are some of the key focus areas that have
been identified in the MoU.
The agreement stresses on mentoring member companies and helping them address
business challenges, and emphasis will also be on conducÂting seminars,
workshops and training courses for widening and improving knowledge base.