NSDC Launches Women Entrepreneurship Program to Empower Women

August 1, 2024

On July 31, 2024, Shri Atul Kumar Tiwari, the Secretary of the Ministry of Skill Development & Entrepreneurship, announced big steps forward for women’s entrepreneurship. This is mainly through new projects like the Women Entrepreneurship Program, launched by the National Skill Development Corporation (NSDC) in partnership with Britannia Industries.

Collaboration with Ministries

Shri Tiwari highlighted the importance of working together with other ministries, such as Tribal Affairs and Rural Development, to help women entrepreneurs grow. This collaboration aims to give targeted skill training to Women’s Self-Help Groups, helping them start strong businesses.

Women Entrepreneurship Program

The Women Entrepreneurship Program focuses on the unique challenges women entrepreneurs face. It offers free self-learning courses in many languages through the Skill India Digital Hub (SIDH). These courses teach important entrepreneurial skills and knowledge. Participants will receive certificates from NSDC, Britannia, and NIESBUD, showing they have gained new skills. The program aims to empower about 2.5 million women, giving them the tools they need for business success.

Financial Grants and Competitions

The program will also feature a finale where the top 50 business ideas will be showcased. Britannia will give ₹10 lakh each to ten standout contestants, encouraging innovation and excellence. The program has two phases:

Phase 1: The first phase offers self-learning courses.
Phase 2: The second phase provides support to 10,000 selected candidates, helping them with business model selection, registration, and funding guidance.

NSDC will regularly check how well the program is working to ensure the businesses are sustainable in the long run. This initiative aims to increase the visibility and reach of women-led businesses, creating a supportive environment for their growth.

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