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Niti Aayog launches platform for women to build their enterprises

Press Trust of India  |  New Delhi 

Government think-tank Aayog today launched a dedicated platform to promote women entrepreneurs build on their businesses successfully.

The Women Entrepreneurship Platform (WEP) is aimed at building an ecosystem for women across to realise their entrepreneurial aspirations, scale up innovative initiatives and chalk out sustainable, long-term strategies for their business, Aayog said in a statement to mark the today.

Aayog launched WEP in the presence of UN Resident in Yuri Afanasiev, Kailash Kher, among others.

The WEP theme song "Nari Shakti" composed and sung by Kher was also released on the occassion.

Kant and Afanasiev also opened the nominations for the Women Transforming Awards, 2018.

WEP, envisaged last year by Kant, enables women entrepreneurs build up industry networking, partnerships, seek mentor support and also forge connect.

The platform aspires to substantially increase the number of women entrepreneurs who will create and empower a dynamic new India, Aayog said.

WEP is manifested on three pillars, namely, Ichha Shakti--motivating aspiring entrepreneurs to start their enterprise, Gyaan Shakti--providing knowledge and ecosystem support to women entrepreneurs to help them foster entrepreneurship and --providing hands-on support to entrepreneurs in setting-up and scaling up businesses.

Aayog said WEP will address the bottlenecks faced by both aspiring and established women entrepreneurs by streamlining information across government and private sector schemes and initiatives.

The platform will provide credit evaluation of women-led startups by Crisil and potential equity investments through Rs 10 crore fund established by DICE Districts.

The other partner commitments include, which has offered to provide internship and dedicated mentorship and to provide digital and financial literacy to aspiring women entrepreneurs.

Several other leading corporates and industry bodies viz. Nasscom, CII, Ficci, and have partnered with WEP to provide business acceleration, mentorship and other start-up support for women entrepreneurs.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, March 08 2018. 17:25 IST