The incubator has helped not simply Telangana-based ladies entrepreneurs however even ladies entrepreneurs from throughout the nation to have a say on the policymaking desk
Hyderabad: When IT Minister Okay T Rama Rao introduced the formation of WE-Hub in November 2017, little did individuals perceive the imaginative and prescient of this initiative and the affect it might create. It was created to not simply push the envelope of ladies entrepreneurship but in addition change the mindset in the direction of women-led companies. In lower than 5 months, the incubator took form and the applying for the primary batch was opened on March 9, 2018.
Since then, the incubator has helped not simply Telangana-based ladies entrepreneurs however even ladies entrepreneurs from throughout the nation to have a say on the policymaking desk. Within the final two years, the incubator has pushed the narrative of democratising entrepreneurship by breaking the barrier of gender and area.
“We took a really acutely aware method after we began WE-Hub, which was to not simply present ladies entrepreneurs a spot to start out their enterprise but in addition change the narrative by offering an increasing number of avenues for girls entrepreneurs within the policy-making area,” says Deepthi Ravula, CEO, WE-Hub, which is India’s first State-led incubator for girls.
From getting worldwide entities to spend money on Telangana and assist entrepreneurs from the hinterlands of the State by means of its Her&Now programme to collaborating with different State governments to start out one thing comparable, the incubator has actually made its presence felt slowly and steadily. It counts Apollo Hospitals Group joint MD Dr. Sangita Reddy and Mapmygenome CEO Anu Acharya – who’re pioneers within the area of ladies entrepreneurship – on its board of administrators. Apart from authorities companions like TASK, TSIC, MEPMA, Niti Aayog, the incubator additionally counts worldwide companions like US India Enterprise Council, Australian Excessive Fee, and UN India Enterprise Discussion board amongst others.
“We provide programmes for not simply tech startups but in addition non-tech startups and are increasing our horizons to areas that are untouched for the time being. Going forward, we’re taking a look at turning into an outcome-driven incubator and taking a look at lowering the barrier between authorities and entrepreneurs. International enterprise capitalists, who had been earlier shying away from investing in women-led companies, are reaching out to us. We’re additionally planning a database of ladies entrepreneurs in Telangana within the subsequent one yr,” says Ravula including that the incubator is producing income within the first yr itself.
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