Hyderabad: WE Hub, Telangana’s incubator promoting women entrepreneurship, announced ‘UPSurge,’ a collaboration with the Australian Government.
‘UPSurge’ is a pre-incubation programme to aid women entrepreneurs from India to achieve financial independence. It follows the first WE-Hub/Australia collaboration ‘Community Slate’ which concluded in 2020. Australia was WE-Hub’s first international partner.
The programme was launched by Barry O’Farrell AO (Australian High Commissioner to India), Sarah Kirlew, (Australian Consul General to South India) and Deepthi Ravula (WE Hub CEO).
“Three years ago, on the same platform, we have taken that first step in the country to establish a dedicated incubator to foster women entrepreneurship. Today, I am proud to say that WE Hub has emerged as a role model in India to enable women entrepreneurs and increased participation of women in workforce. Hoping this partnership with the Australian High Commission goes a long way and benefits women and girls,” said IT Minister KT Rama Rao at the launch.
The 12-week programme gives participants skills to help them gauge the feasibility of their ideas and develop them into a sustainable business. The conclusion of this programme will be a pitch day, followed by graduation.
Through the partnership, entrepreneurs can minimise financial risks, get assistance in selling pilot products and risk mitigation. The programme has already received 549 applications from across 14 cities across the country.
Barry O’Farrell, Australian High Commissioner to India said, “Encouraging women and girls to STEM, and providing an environment for them to thrive and progress, is an objective of the Australian Government under our Academy of Science’s ‘Women in STEM Decadal Plan.”
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