Hyderabad: To enable scaling up of women entrepreneurs who are part of Self-Help Groups (SHGs) under the Mission for Elimination of Poverty in Municipal Areas (MEPMA) and Society for Elimination of Rural Poverty (SERP), State-run women entrepreneurship hub We-Hub will be providing all kinds of help and assistance required. The incubator, that celebrated its first anniversary on Friday, announced that they are all set to partner with MEPMA and SERP to help women from SHGs to scale up their entrepreneurship activities and will be selecting a few from the hundreds of women entrepreneurs who are registered with SHGs.
Speaking about the partnership with We-Hub, MEPMA Mission Director, Dr T K Sreedevi said, “Although we have 149,000 groups spread across 108 town level federations, we have been able to help only 1,700 entrepreneurs to branch into micro enterprises. Our partnership with We-Hub will facilitate women to take their enterprise to the next level through their help on finance, mentorship and others. This is the third vertical that We-Hub is working on apart from their incubation and networking programme.”
Other than this, We-Hub is also partnered with five incubators in Hyderabad and wants to create an ecosystem to promote women to take up entrepreneurship and sustain it. While the partnership with MEPMA is part of the government liasoning, it also has other verticals like access to network through its incubator partnership and also working to promote girls in STEM.
The one-year anniversary celebration also saw US Consul General in Hyderabad Katherine Hadda speak about how more needs to be done to have women in the workforce as well as encourage entrepreneurship among women. “Statistics show that women in India contribute only 17 per cent to the total GDP and if this number is doubled then the country’s GDP will increase to 8 per cent, which shows the impact women can make to the country.