Economic Empowerment is an essential part of stimulating Women’s Empowerment. The economic empowerment comes when the ladies take part in the economic country building. With a grim proportion of women’s participation in the entrepreneurship, the eyesight of women’s empowerment is faraway. IIM Bangalore has produced an initiative to enhance the women’s involvement in businesses and to promote the ladies entrepreneurship with financial support and mentorship.
An excellent management institute is the one which don’t just make a good supervisor but grows great entrepreneurial skills also. IIM Bangalore is one of the top-notch management institutes which ranks at the 2nd position by the NIRF 2017 (National Institutional Ranking Framework) of the Ministry of Human Resource and Development, Government of India.
IIM Bangalore targets the research-based learning and place particular focus on the entrepreneurial skill development. For your purpose, the institute also has the NUS Raghavan Center for Entrepreneurial Learning (NSRCEL) which is dedicated completely for the purpose of entrepreneurial skill development and studies. Based on the sixth financial census study, only 13.76% women entrepreneurs are there among all which constitutes 8.05 million women out of 58.5 million business owners. It is a lamenting number concerning the attempts being put in the path of the women’s empowerment.
To bridge this space, the N S Raghavan Centre for the Entrepreneurial Learning has launched the nationwide “Women Startup Programme”. The program is the Goldman Sachs who is a well known Global Investment Bank or investment company and has been an active trader in India in various sectors. The program is also backed by the Department of Science and Technology of the Government of India.
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The Women’s Startup Program of the IIM Bangalore is considered as the first-customized and classroom initiative in India that will immensely help the ladies entrepreneurs to improve the essential managerial and entrepreneurial skills that can cater the marketplace needs. Under WSP program, women will be provided with the incubation, mentoring, and financial support.
With the support of the renowned business management organization, the well-known commercial giant and the Government of India, it is expected that the grim situation of the women business owners will be holistically revamped. The WSP program shall include online training of the ladies entrepreneurs with a target of 12,000 aspiring women. Out of numerous businesses, 100 business ventures will be selected for the financial, incubation, and mentor support.