Telangana to support women entrepreneurs: Jayesh Ranjan

Apart from We-Hub, the government is looking at launching three different programmes to promote women-led companies.

By Author  |  Business Bureau  |  Published: 24th Apr 2018  8:30 pm
women entrepreneurs
Ficci Ladies Organisation gets new leadership team. Photo: Surya Sridhar.

Hyderabad: India’s first women-only hub had taken shape in Telangana and the government is not leaving any stone unturned to make this a success. After receiving about 250 applications for the hub, the government is making all efforts to push women entrepreneurs in the State.

Speaking at the change of guard of Ficci Ladies Organisation (FLO) and Young Ficci Ladies Organisation (YFLO), Jayesh Ranjan, principal secretary, IT and Industries department said, “The team at We-Hub is sorting out the applications and we have realised that the space allotted may not be sufficient to accommodate the growing number of applications. We have been thinking about establishing different programmes to promote women entrepreneurs.”

Apart from We-Hub, the government is looking at launching three different programmes to promote women-led companies. These include, setting up physical spaces for early-stage, middle-stage and scale-up stage startups. In the early-stage phase, it will be entrepreneurs who have an idea but do not know how to go about giving shape to the idea, while the middle-stage will include guidance on go-to market and technology and the scale-up stage will provide support on scaling up.

Ranjan also mentioned that so far, We-Hub has received 250 applications and it has space for 100 seats in its physical incubator. It will also be promoting women entrepreneur to use its virtual space as well as far as possible. He urged FLO and YFLO if they would like to associate with the government and help those women entrepreneurs who may not be accommodated in We-Hub. He asked them to organise a Boot Camp and mentor some on one-on-one basis.

The FLO and YFLO, which came into existence in 2002 in Hyderabad, saw the change of guard by outgoing chairperson Kamini Saraf handing over the charges of the new chairperson to Priyanka Ganeriwal Arora. In addition, YFLO outgoing chairperson Sandhya Raju handed over the charges to Vinita Surana.

The event also honoured dynamic women achievers from different spheres of life which included IPS officer Swati Lakra being presented with torch bearer of women’s safety award, Hyderabad startup Banyan Nation’s Rashi Agarwal being presented with Startup business of the year award, Merxius co-founder Vaishali Neotia being awarded the tech innovation, Youth4Jobs founder Meera Shenoy was presented the social cause award, SAFA’s Rubina Mazhai got the social cause award, Dr Kavita Daryani Rao, vice chancellor, JNFAU got the education award, Lamakaan co-founder Elahe Hiptoola got the award in art and culture, youngest mountaineer of India Jaahnavi got the super summiter and finally Fernandez Hospital MD Dr Evita Fernandez got the lifetime achievement award in healthcare.