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Wednesday, January 17, 2018
IIMV IN PARTNERSHIP WITH IIMB FOR THE WOMEN STARTUP PROGRAMME 2018 To promote women entrepreneurship in the region IIM Visakhapatnam has partnered with the N. S. Raghavan Centre for Entrepreneurial Learning (NSRCEL) at IIM Bangalore (IIMB), and has signed a MoU to partner in the nation-wide women startup programme. IIMV''s participation in the programme would facilitate the growth of women entrepreneurs by providing in-depth training to foster and augment managerial and entrepreneurial skills through mentoring, incubation, and financial support. The Programme was launched on January 8, 2018 at Bangalore by the NSRCEL of IIMB. The programme is funded by Goldman Sachs (NYSE: GS) and the Department of Science & Technology (DST), Government of India. The WSP will provide training for over 12,000 women through: Step1: Massive Open Online Course (MOOCs) with over 12,000 Women; 22ndJanuary to 3rd March Step2: Bootcamp at IIMV, with over 300 shortlisted participants; 2nd -12th April, Step3: Bootcamp at IIMB, with over 100 shortlisted participants; 30th April-10thMay Step4: May 10th Onwards 1 year Incubation at IIMB, IIMV and other 5 partner institutions across the country. A monthly stipend of 30,000/- to each participant of the final cohort of 100 participants would be provided. To register, please visit
GLOBAL TRADE CENTRE FOR WOMEN ENTREPRENEURS TO BE SET UP IN VIZAG The Andhra Pradesh Chief Minister, N Chandrababu Naidu, will lay the foundation for the international trade centre for women entrepreneurs during the inaugural of International Conference of Women Entrepreneurs to be held here for three days from Wednesday. K Rama Devi, President of the Association of Lady Entrepreneurs of India, said a 50-acre site was allotted to the trade centre at Gidijala village for the purpose. SAARC Secretary-General, Amjad Hussain B Sial, will participate in the conference, which is being held in partnership with the South Asian Women Development Forum and under the aegis of the Andhra Pradesh Government. Rama Devi said the organisation is involved in developing industrial parks in Krishna, Anantapur and Nellore districts and in Rangareddy district of Telangana. She said the DPR (detailed project report) envisaged setting up of a minimum of 200 units, each with a cost of Rs. 16 crore. ALEI (Association of Lady Entrepreneurs of India) will take up development of infrastructure and intends to complete it in two years. Common facilities would be developed in 20,000 sq. ft. Visakhapatnam was chosen as it is a port city, Ramadevi said and thanked the Chief Minister for his support and suggestion to set up an incubation centre to help equip enterprising entrepreneurs, particularly from rural areas, with skill and technological support. It is entitled to 40 per cent subsidy for infrastructure from the Ministry of MSME besides other incentives offered to entrepreneurs in general and women in particular. Women entrepreneurs'' potential remained largely untapped partly due to lack of marketing opportunities, she said. Women entrepreneurs would look to exploit opportunities in food processing and garment-making industries. ALEI would create infrastructure for small units in 500 square yards each employing up to 20 workers.