Yesterday, WE Hub announced that it has partnered with Startup India, DPIIT, to launch the previously announced flagship women entrepreneurship program, titled WING (Women Rise Together program in Telangana). WE Hub is India’s first state-led incubator that nurtures and encourages women entrepreneurs to scale up their businesses, through increased market access. As part of the partnership, it will execute the program in Telangana, in collaboration with KSUM,while providing them access to incubation, investors, and business support.
A total of 10 workshops will be conducted to enhance women entrepreneurship in the state, with a larger goal of creating a conducive environment where women leaders in Telangana can learn and share best practices and experiences to combat business challenges. In addition to that, WE Hub has also teamed up with Startup India for National Start-Up Award 2020,in order to help it identify and reward innovative startups by women in the state.
CEO of WE Hub Deepthi Ravula, said, “India has achieved great heights in nurturing startup ecosystem; however, women constitute only 14 percent of the total number of entrepreneurs in the country. Initiatives like WING that aims to support 7500 women entrepreneurs in the country over the next one year deserves utmost importance. Our partnership with Startup India will aid us in enabling women entrepreneurs in Telangana and enable them to have a strong foothold in the national economy. This partnership with DPIIT and Startup India marks another milestone for WE Hub aligning perfectly with our vision of accelerating women entrepreneurship across Telangana.”
Anil Agrawal, the Joint Secretary of DPIIT, also commented on the partnership, saying, “WING program is strategically designed to help women entrepreneurs to spearhead innovation in India. It will support them with a suite of benefits like incubation, mentorship, investment opportunities that will enable them to scale-up smoothly. We are delighted to find the right partner for this program in Telangana and collaborate with India’s first state-led incubator for women entrepreneurs, WE Hub, A Government of Telangana initiative”
This association is expected to not only empower women entrepreneurs, but also create a culture that helps them leverage their potential, by creating a robust ecosystem for women-led businesses in Telangana.
Mr. Jayesh Ranjan, a member of the Indian Administrative Service (IAS) and Principal Secretary of the Industries & Commerce (I&C) and Information Technology (IT) Departments of the Telangana government, said, “Telangana Government has always been at the forefront of bringing in policies and initiatives for women’s participation and building ecosystem enablers like WE Hub. WE Hub is the first of its kind in India to take women entrepreneurs and work force to build is helping 128 women entrepreneurs by creating multiple collaborations across socio-economic communities. DPIIT’s partnership with WE Hub will help women entrepreneurs in Telangana to follow their ambitions and build successful companies of tomorrow.”
Mr. K. T. Rama Rao, Minister for IT, Industries and MA & UA, Government of Telangana, launched the Telangana edition of WING at WE Hub. He recounted several pioneering policies and initiatives for women entrepreneurship launched by the state government,with Principal Secretary and Government of Telangana (I&C, ITE&C) Jayesh Ranjanand Senior Manager of Startup India Hub and Invest India, Jasleen Lamba, also in attendance.
Since its launch, WE Hub has created immense impact for Indian women entrepreneurs, through a number of programs and initiatives like Community Slate (Social Enterprise Accelerator), BizArena (Corporate Innovation Challenge), Girls in STEAM (Student Engagement Program), Women in Manufacturing Program, and Project Her & Now, with Deutsche Gesellschaftfür Internationale Zusammenarbeit (GIZ) GmbH.
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