Federation of Indian Women Entrepreneurs (FIWE), which is a National-level organization, founded in 1993, is today, one of India’s Premier Institution for Women thoroughly devoted towards Entrepreneurship Development, having a large membership base of 15,000 individual members /professionals and more than 28 Member Associations spread throughout the country. The objective of the organization is to foster the Economic Empowerment of Women, particularly the SME segment, by helping them to become successful entrepreneurs and become a part of the mainstream industry.
FIWE endeavors to provide: Networking platform for women, Technical know-how, Industry research & expertise, Skill development & training and brings the businesswomen on a Common Forum; and ensures that their opinions, ideas and visions are collectively and effectively taken up with policy makers and various other agencies respectively for the development of Enterprise in Women.
Mission |
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- To promote Entrepreneurship among Women and thereby empower them to join the economic mainstream.
- To enhance the Status of Women in the society, by creating a culture of Entrepreneurship amongst women, both in Rural and Urban areas.
- To develop successful models of Entrepreneurship for emulation world-wide.
Objectives |
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The key objectives of the Federation of Indian Women Entrepreneurs (FIWE) are as follows:
- To provide training facilities in Export Marketing and Management, Domestic Marketing, Quality Control and Standardization, Management of Enterprise Laws, Regulations, Procedures and Systems for running Small & Medium sized enterprises and sustaining their growth.
- To facilitate Enterprise to Enterprise Cooperation within the country and with SME and Women Entrepreneur counterparts in 96countries of the world as on 30th June, 1994, having Members and Associates of World Association of small and Medium Enterprises (WASME), with which FIWE is affiliated..
- To provide greater access to latest technologies, know- how, related equipments and services for modernization and expansion of existing small & medium sized enterprises run by Women Entrepreneurs.
- To facilitate participation in International and Regional exhibitions, buyers-sellers meet, trade fairs, seminars and symposia, to help women entrepreneurs to get greater exposure to Regional and Global business environment and opportunities.
- To effectively articulate the problems and constraints faced by women entrepreneurs to get greater exposure to regional and global business environment and opportunities.
- To strengthen affiliated Associations of Women Entrepreneurs by providing them package of services including information, contracts, training facilities and other related supporting measures.
- To bring out a quarterly newsletter to educate and inform women entrepreneurs on business opportunities, management and exchange of experience and expertise.
- To enhance access to term loan working capital.
- Assisting in the identification of investment opportunities.
Methodology |
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Nonprofits often are told to maximize their organizational capacity as a way to improve their performance. Knowing what capacity actually means and how to identify areas of need, however, can be confusing. Tools that define and assess organizational capacity can help organizations identify their unique capacity building needs and guide the development of plans to address them.
Federation of Indian Women Entrepreneurs —Women entrepreneurs in India represent dynamic group of women who have broken the beaten track and are exploring new vistas of economic participation’s of clients, demands at home and other family oppositions leading to lack of support. A great many of them have chosen the entrepreneurs world because of a compelling urge to do something positive. They are the pace setters for women in their quest for economic independence. FIWE is a national Organization which brings the businesswomen on a common platform and ensures that their opinions, ideas and visions are collectively and effectively taken up with policy makers and various other agencies respectively for the development of Enterprise in Women.
Micro Credit Program |
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MICRO CREDIT PROGRAM-
With a vision that Women should be given equal opportunities, rights and economic freedom, FIWE initiated MICRO CREDIT PROGRAM where we are providing wide range of financial services such as small loans, saving account etc. to those women who lack collateral, in order to expand their business or start a new one. They are also provided with assistance on financial products and services.
Thus, Micro credit program not only helps them to improve their living and economic condition but also provide them a solution for those moneylenders who charge high interest rate.
In this way they can stand on their own feet and grow economically.
Entrepreneurship Awareness Programs |
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Entrepreneurship Awareness Program(EAP):
- Is a program where FIWE informs its clientele of what services it offers and entrepreneur’s, entrepreneurship.
- Discussion on business ideas, schemes and incentives offered by different agencies.
- Conducted often in interior rural areas to reach out to larger number of women.
Start-UP:
1.Entrepreneurship Development Program (EDP): FIWE conducts general entrepreneurship Development programs normally after awareness programs or at periodic intervals FIWE has trained thousands of women covering various states of India.
- Unique training module development and practiced by FIWE.
- Capacity building and preparation of client for business development.
- Includes sessions on empowerment, business, exposure visits, and interaction with successful entrepreneurs, Government Officials and support agencies.
- Provides networking with support agencies and provision of escort services to the clients.
- Follow-up programs for EDP participants.
2.Skill Development Program (SDP): We also conduct Skill Development program in specific sectors like, leather craft, woodwork, matting and basket weaving, grass mat, pottery, packaging, handicrafts, photo framing, Bar coding, Hand Made Paper and Eco-Friendly products etc. fir EDP beneficiaries and other counsels.
Sustenance:-
1.Support in Marketing and Networking:
- Periodical exhibitions, Seminars, Conference and workshop at a subsidized cost for its members organized at strategic locations.
- Facilitates joint participation in important national and international trade fairs, products courts, buyer-seller meets and create linkages with prospective buyers.
2.Management Development Program (MDP): is an integral part of FIWE’s activities. The objective of MDP is to enhance entrepreurs skills and technology up gradation in order to support growth of their business enterprise.
3.Member Service Program (MSP): FIWE has 12000 individual members and 22 state Associates membership base who are practicing entrepreneurs. The membership committee supports the needs of these members
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