NITI Aayog revamps Women Entrepreneurship Platform; targets 2 lakh beneficiaries in next 3 years
New Delhi, Dec 14 (KNN) NITI Aayog has recently launched the Women Entrepreneurship Platform (WEP) 3.0 with an objective to onboard 250,000 women entrepreneurs in the next 3 years.
The Global Alliance for Mass Entrepreneurship has been chosen as the platform's program manager for the next 3 years.
It also aims to onboard 500 partners and 200+ capacity-building events (online and offline).
The revamped WEP 3.0 is a one-stop shop for all women’s entrepreneurial needs and its design thinking workshop was held at Ambedkar Bhawan.
WEP is designed to cater to the unmet needs of prospective and existing women entrepreneurs across the entire spectrum.
It is a unique aggregator platform with public private partnership to address information asymmetry and diverse requirements for women entrepreneurs’ pan-India.
As an aggregator platform, WEP hosts information and services relevant to women entrepreneurs it enables key partnerships to bring crucial content, workshops, campaigns and other avenues of learning and growth to its users from trailblazers in the industry.
Through its partnerships, services are provided in 6 main focus areas, such as Community and Networking, Funding and Financial Assistance, Incubation and Acceleration, Compliance and Tax Assistance, Entrepreneur Skilling and Mentorship and Marketing Assistance.
On the occasion, Anna Roy, Sr. Adviser, Niti Aayog & Mission Director of WEP, said, “Women entrepreneurs account for just 13.76% of the total entrepreneurs in India are women - a mere 8.05 million out of the total 58.5 million entrepreneurs. Women Entrepreneurship Platform intends to address the existence of information asymmetry and help resolve the fragmentation of the resources. To achieve this, we need to hear from our stakeholders on what can be done to improve the platform. We want to chart the way forward for the platform together.”
Several women entrepreneurs shared their experiences of being entrepreneurs in a man’s world and their expectations from WEP 3.0.
Many endorsed the view that access to peers via WEP’s Community module is equally important as access to credit or information.
GAME as the Project Management Unit (PMU) will over the next three years manage the platform end-to-end and will also be in charge of developing, operating and maintaining the portal.
In their role as the PMU for WEP 3.0, GAME conducted the entire workshop for the stakeholders and other members of the entrepreneurial ecosystem. (KNN Bureau)
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