HYDERABAD: WE Hub, A Government of Telangana- initiative to foster women entrepreneurs, kicked off the 1st District Cohort from Narayanpet for the second round of the ‘Her&Now’ programme implemented by Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH. The first cohort of 30 startups from across the state graduated last year by formally registering their enterprises and raising finances through credit linkages and equity investments. This is the first exclusive District cohort creation in order of the backward and least industrialised District of the state.
Mr. Jayesh Ranjan, IAS, Prl. Secretary to the Government of Telangana, asserted that the Government of Telangana is working proactively to enable women to be part of the innovation ecosystem of the state in spite of the ongoing global crisis. This has been shown in the success of the Project HER&NOW first District cohort where WE Hub has been helping start-ups cope with challenges arising from the COVID-19 pandemic by mapping solutions for them. In order to keep them afloat post the lockdown, it is helping start-ups to re-strategize and reconnect with the market.
District Collector Ms. HariChandana Dasari noted that it was a matter of pride and a testament to the determination and the quality of Women Entrepreneurship, that WE Hub has reached out to women in Narayanpet. All aspiring women should register their names with the Hub. Eight months training by successful entrepreneurs and experts would be given covering different sectors. The training helps to set up new enterprises and to expand existing ones, she added. She appealed to aspiring and existing women entrepreneurs to submit their project reports with innovative ideas so as to get support and guidance from experts at WE Hub.
WE Hub CEO Deepthi Ravula stated that WE Hub in collaboration with Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH launched incubation and acceleration programme to create an eco-system for women under the name of Project ‘Her & Now’. Selected women entrepreneurs would be offered solutions in terms of finances, machinery among other., she said. She also added that to adapt to the changing times the cohort will be a blended model where sessions would be delivered Virtually to the entrepreneurs.
The tailor made program along with sessions for the selected Entrepreneurs will be kicked off from Sep 16th 2020 post the completion of need assessment and curriculum design.