Hyderabad, 20 December 2019: WE Hub, India’s first state led incubator to foster and promote women entrepreneurship to start-up, scale-up and accelerate with global market access, today announced its partnership with Start-up India, DPIIT. The two have joined hands to launch Startup India’s flagship program for women entrepreneurs called WING (Women Rise Together program in Telangana. We Hub, will drive the program for women entrepreneurs in Telangana in collaboration with KSUM and provide them with access to incubation, investors and business support.
The Telangana edition of WING was launched at WE Hub by Mr. K. T. Rama Rao, Minister for IT, Industries and MA&UD, Government of Telangana and he cited the pioneering policies and initiatives for women entrepreneurship and initiatives by the state government in the presence of Jayesh Ranjan, Principal Secretary, Government of Telangana (I&C, ITE&C) and Jasleen Lamba, Senior Manager, Startup India Hub, Invest India.
Mr. Jayesh Ranjan IAS, Principal Secretary to the Department of IT E & C said, “Telangana Government has always been at the forefront of bringing in policies and initiatives for women’s participation and building ecosystem enablers like WE Hub. WE Hub is the first of its kind in India to take women entrepreneurs and work force to build is helping 128 women entrepreneurs by creating multiple collaborations across socio-economic communities. DPIIT’s partnership with WE Hub will help women entrepreneurs in Telangana to follow their ambitions and build successful companies of tomorrow.”
Deepthi Ravula, CEO of WE Hub said, “India has achieved great heights in nurturing startup ecosystem; however, women constitute only 14 percent of the total number of entrepreneurs in the country. Initiatives like WING that aims to support 7500 women entrepreneurs in the country over the next one year deserves utmost importance. Our partnership with Startup India will aid us in enabling women entrepreneurs in Telangana and enable them to have a strong foothold in the national economy. This partnership with DPIIT and Startup India marks another milestone for WE Hub aligning perfectly with our vision of accelerating women entrepreneurship across Telangana.”
Through WE Hub, the Telangana women entrepreneurship ecosystem will target to conduct 10 workshops to promote women entrepreneurship. It targets to create a conducive environment to share best practices and experiences that will help women leaders in the Telangana region to overcome challenges for their business growth. Importantly, WE Hub has also partnered with Startup India for National Start-Up Award 2020 to help them recognize and reward outstanding women-led startups in the Telangana region.
Anil Agrawal, Joint Secretary, DPIIT, said, “WING program is strategically designed to help women entrepreneurs to spearhead innovation in India. It will support them with a suite of benefits like incubation, mentorship, investment opportunities that will enable them to scale-up smoothly. We are delighted to find the right partner for this program in Telangana and collaborate with India’s first state-led incubator for women entrepreneurs, WE Hub, A Government of Telangana initiative”
The partnership will empower the culture of promoting women entrepreneurship and creating a thriving ecosystem for women-led businesses in Telangana.
In a short span of time WE Hub has impacted a lot of women entrepreneurs through its various programs and initiatives like Community Slate (Social Enterprise Accelerator), BizArena (Corporate Innovation Challenge), Incubation Program, Girls in STEAM (Student Engagement Program), Women in Manufacturing Program and Project Her & Now with Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH.