15/01/2013

Startup Eco-system for Women Entrepreneurs


India is pregnant with entrepreneurial ventures, and it is the women that are leading the charge into the future. Nobody can deny the role that Anu Aga played in Thermax, or Kiran Shaw in Biocon, or even Sudha Murthy for building Infosys.  Also, Ekta Kapoor, who makes millions cry in emotions through her ‘K’ serials! Add to that the millions of unknown hands and hearts that make Lijjat Papad and Amul household names.
While there is need for lot more to be done, there are a few organizations that are leading the way in recognizing and supporting women entrepreneurs. Leading among them are few corporates like ITC, which has come up with a unique award to honor women who have not only shaped their own destiny but have left an indelible mark on the lives of others. It has recently launched Vivel Active Fair Awards, which celebrates the journey of courage and passion of the modern Indian Women, women who have shed their inhibitions to pursue their dreams. Vivel Active Fair is honoring these extraordinary women for being that change and making a difference. All you have to do is nominate yourself/her for the Vivel Active fair ‘Choo Lo Aasmaan’ Awards. The winner gets a chance to win Rs 1 Lakh and assured gift hampers.
Other organizations and initiatives include:
1. TIE, a not-for-profit network of entrepreneurs is also continuously working to bring together enterprising women through its TIE Stree Shakti initiative. They have regular networking sessions for women entrepreneurs to come together and share their knowledge for mutual benefit.
2. FICCI has a dedicated wing for women entrepreneurs named as FLO – FICCI Ladies Organization. It is a broad-based forum comprising both early stage and established entrepreneurs who work towards policy initiatives, knowledge sharing and networking.
3. National Entrepreneurs Network (NEN) also has various programs for women, specially focused on mentoring and capacity building across India. They also conduct regular Management Development Programs and train-the-trainers session to improve the skills related to business.
4. Cherie Blair Foundation for Women is also active in India for promoting women entrepreneurs, and ably supported by the most renowned activists across the world. Cherie Blair, better half of UK’s ex-prime minister, Tony Blair, personally leads the initiative.
5. Goldman Sachs, one of the largest banks in the world, also runs a training initiative which aims to help over 10000 women entrepreneurs grow their business, for which they have partners like ISB, Hyderabad. The participation fees are nominal and refunded after successful completion of the sessions.
The objective of highlighting these initiatives is that we make the full use of existing resources and encourage new ones so that the entire eco-system grows, ultimately helping Nurture Talent achieve its aim of enabling 1000 entrepreneurs who will create 20000 jobs. That time is not far away!

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