NTR Trust and Uber signed a Memorandum of Understanding on Monday to create 20,000 new entrepreneurial opportunities in the States of Telangana and AP. As a part of this MoU, the partners will collaborate to provide skills training and co-create development programmes for driver partners.

NTR Trust and Uber will together source, train, screen and facilitate seed funding and bank linkages for youngsters, who will go on to become micro-entrepreneurs on the Uber platform. Uber will help eligible candidates procure loans from financial institutions. The MoU has been signed in the presence of David Plouffe, chief advisor, Uber and Nara Lokesh, trustee, NTR Trust.