Women Entrepreneurship Platform Current Affairs

NITI Aayog signs SoI with Sushant Singh Rajput to promote Women Entrepreneurship Platform

NITI Aayog has signed Statement of Intent (SoI) with noted media personality and entrepreneur Sushant Singh Rajput to collaborate and support its flagship Women Entrepreneurship Platform (WEP) initiative. In his new role, actor turned entrepreneur will support NITI’s initiative for women entrepreneurs, to fund women-led startups to establish a vibrant, enabling entrepreneurial ecosystem for women of the country. He will also promote Bharat Interface for Money (BHIM) digital payments app for cashless economy by appearing in various video, print and social media campaigns of NITI Aayog. He will also support NITI Aayog in promoting Women Transforming India Awards 2018 with theme ‘Women and Entrepreneurship’.

Women Entrepreneurship Platform (WEP)

NITI Aayog had launched Women Entrepreneurship Platform (WEP) in March 2018 on the occasion of the International Women’s Day.

Objectives

  • Build ecosystem for women across India to realize their entrepreneurial aspirations, scale-up innovative initiatives and chalk-out sustainable, long-term strategies for their businesses.
  • Power vibrant entrepreneurial ecosystem through enabling network of industry collaborations, partnerships, mentors and peer-to-peer connect.

WEP helps aspiring women entrepreneurs in three different ways which is manifested as its three pillars. They are

  • Ichha Shakti: Motivating aspiring entrepreneurs to start their enterprise.
  • Gyaan Shakti: Providing knowledge and ecosystem support to women entrepreneurs to help them foster entrepreneurship.
  • Karma Shakti: Providing hands-on support to entrepreneurs in setting-up and scaling up businesses

Month: Categories: India Current Affairs 2018

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NITI Aayog launches Women Entrepreneurship Platform

The National Institution for Transforming India (NITI) Aayog has launched Women Entrepreneurship Platform (WEP) on the occasion of International Women’s day (March 8, 2018). WEP’s theme song ‘ Naari Shakti’ composed and sung by renowned singer Kailash Kher was also released.

Women Entrepreneurship Platform (WEP)

Objective

  • Build vibrant ecosystem for women across country to help realise their entrepreneurial aspirations, scale-up innovative initiatives and chalk-out sustainable, long-term strategies for their businesses.
  • Power vibrant entrepreneurial ecosystem through an enabling network of industry collaborations, partnerships, mentors and peer-to-peer connect.
  • Address bottlenecks faced by both aspiring and established women entrepreneurs by streamlining information across government and private sector schemes and initiatives with informative, interactive website as a dedicated resource and knowledge base.

Key Features

WEP aspires to substantially increase number of women entrepreneurs to create and empower dynamic new India by opening up avenues of growth and opportunity for women entrepreneurs. These aspirations of women entrepreneurs are manifested in three pillars on which WEP is built:

  • Ichha Shakti: Motivating aspiring entrepreneurs to start their enterprise.
  • Gyaan Shakti: Providing knowledge and ecosystem support to women entrepreneurs to help them foster entrepreneurship.
  • Karma Shakti: Providing hands-on support to entrepreneurs in setting-up and scaling up businesses.

The WEP platform will operate within broader framework of industry collaborations and partnerships, which cut across sectors in economy. It will provide unique services such as credit evaluation of women-led startups by CRISIL and potential equity investments through an Rs. 10 crore fund established by DICE Districts

 Partners of WEP

ShopClues.com will provide internship and dedicated mentorship and Mann Deshi Foundation to provide digital and financial literacy to aspiring women entrepreneurs. Moreover, several other leading corporates and industry bodies such as NASSCOM, CII, FICCI, SIDBI and Facebook will provide business acceleration, mentorship and other start-up support for women entrepreneurs.

Month: Categories: India Current Affairs 2018

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