In accordance with the modern educational policies, SSM has achieved a rare feat in involving their stakeholders directly in the developmental activities of the college. We have succeeded in convincing the entrepreneurial community of the city the need of their association with SSM. As a result , on the occasion of 20th foundation day , President GB ,SSM and 133 other distinguished citizens declared Merit cum Means Annual Scholarships for the needy meritorious students worth rupees 5000 per student amounting to a total of rupees 665000. We consider this philanthropic gesture of the donors a rare example of the constructive outcome of institution-business house tie up for the holistic development of an academic institution.