: NITI Aayog launches next phase of women Entrepreneurship Platform #FinanceIndia #StockMarketNEWS NITI Aayog launches next phase of women Entrepreneurship Platform New Delhi, Aug 26 (KNN) To empower

@StockMarketNEWS Thu 26 Aug, 2021

Posted in: #FinanceIndia #StockMarketNEWS

NITI Aayog launches next phase of women Entrepreneurship Platform #FinanceIndia #StockMarketNEWS
NITI Aayog launches next phase of women Entrepreneurship Platform New Delhi, Aug 26 (KNN) To empower women entrepreneurs across India, NITI Aayog, the Governments public policy think tank, and Cisco on Thursday launched the next phase of the Women Entrepreneurship Platform (WEP) titled "WEP Nxt".

The next phase of NITI Aayogs flagship platform will leverage Ciscos technology and experience working with Indias startup ecosystem to enable more women-owned businesses across the country, the government said.

Amitabh Kant (CEO NITI Aayog), Anna Roy (Senior Adviser NITI Aayog), Maria Martinez (EVP & COO, Cisco), Daisy Chittilapilly (President, Cisco India & SAARC) and Harish Krishnan, (Managing Director, Public Affairs and Strategic Engagements, Cisco India and SAARC), were present at the launch.

WEP, initially launched by NITI Aayog in 2017, is a first-of-its-kind, unified portal that brings together women from diverse backgrounds and offers them access to a multitude of resources, support, and learning. WEP Nxt is a significant step to augment these efforts.

Based on a focused study of Indian women entrepreneurs and their most urgent needs across six key verticals – community and networking, skilling and mentorship, incubation and acceleration programs, and financial, compliance, and marketing assistance - WEPNxt will be driven by evidence-based decision-making. The focused study, fuelling this transition is also being made available for the benefit of the ecosystem.

Additionally, as a part of this initiative, Cisco, in collaboration with the Nasscom Foundation, Sattva Consulting, and the DeAsra Foundation will enable technology-led experiences and engagements to address the challenges faced by women entrepreneurs at individual and enterprise levels and create new opportunities for growth.

Amitabh Kant said “As per the Sixth Economic Census, women only constitute 13. 76% of the total entrepreneurs, i. e. , 8. 05 million out of the 58. 5 million entrepreneurs in the country. This may have been a missed opportunity in the past, but I am confident as the Government of India and the Private sector hold hands through initiatives such as the WEP, we will realise this vision of a new India – where men and women have the equal opportunity to build and to share in the glory of achievement”.

“WEP Nxt will further catalyse this movement and I am confident with Cisco as our partner, this technology platform will soon be the personalized guide for every woman entrepreneur in the country to realize her dreams, he added. “

"As we enter a new phase of recovery, we see a collective agreement that a diverse, inclusive, and digitally-enabled world is far more prosperous.