The Economic Empowerment of Women Entrepreneurs and Start-Ups by Women project aims to improve the overall framework conditions for women-led businesses in India and encourage women to become entrepreneurs and existing women-led enterprises to grow. Under the name Her&Now, the project pilots an incubation and acceleration programme, that equips India women to start new businesses and grow their existing businesses in Northeast region, Rajasthan and Telangana with three local partners:
A seven-month program for women from tier II and III cities, who want to set up their enterprise. The program will offer critical business-skill modules, self-improvement learnings, and mentoring.
A six-month program to help women-led enterprises from tier II and III cities scale up, with critical learning on building teams, fundraising, leadership, and other customised sessions.
Among the numerous issues contributing to the low participation of women in the Indian workforce, this report dives into the challenges associated with lack of access to quality childcare and recommends solutions to address this issue.
Global evidence of a strong business case for investing in women and leveraging their potential as entrepreneurs is emerging. The Women Investing in Women movement can play a significant role in addressing the systemic access to finance challenges that women entrepreneurs contend with.
Boosting women’s participation in employment and entrepreneurship in India has the potential to grow the country’s GDP by $ 0.7 trillion by 2025 (MGI, 2015) and simultaneously enhance levels of gender equality and women’s economic empowerment. This is essential for sustainable economic development and poverty alleviation. The country has comparatively low levels of women entrepreneurship, in a wider context of a declining female labour force participation rate.
3 workshops on value chains for women entrepreneurship were held in Guwahati,Hyderabad and Jaipur, which were attended by 140 ecosystem experts and entrepreneurs. The objective was to gain insights into the top sectors and value chains that lend themselves to entrepreneurship for women-led enterprises in all three project implementation regions. The results of the workshops will inform a study of the top 3 value chains per region, which will be published in September 2019.
Her&Now launched its first cohorts of women entrepreneurs for the state of Rajasthan. This was followed by the launch of the first cohorts – a total of 24 women entrepreneurs – in Telangana. The event was attended by the German Consul General Chennai Ms. Karin Stoll, members from the Ministry of Skill Development and Entrepreneurship (MSDE), and the Telangana government.
Her&Now - Newsletter (Oct 2019)
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