MoU will have a pre-incubation programme for 60 aspiring entrepreneurs from Telangana and Jammu and Kashmir (J&K) — 30 from each State

Telangana State-led incubator for women entrepreneurs, WE-Hub, on Friday signed a Memorandum of Understanding (MoU) with Jammu and Kashmir Entrepreneurship Development Institute (JKEDI).

The MoU will have a pre-incubation programme for 60 aspiring entrepreneurs from Telangana and Jammu and Kashmir (J&K) — 30 from each State.

The MoU was inked between IT and Industries Department Principal Secretary Jayesh Ranjan and J&K industries and Commerce Department Commissioner Secretary MK Dwivedi. The virtual launch was hosted in the presence of GM Dar, KAS, Director, JKEDI, and Deepthi Ravula, CEO, WE-Hub.

Ravula said, “Through the partnership we want to support aspiring entrepreneurs to move from idea to prototype, create market linkages for the startups, and to make best benefit of the startup exchange programmes.”

This effort will help create a startup exchange module between JKEDI and WE-Hub comprising of five startups each from the two States. It will take their startup ideas ahead, track their progress and link them with suitable mentors, help them taking beyond Proof of Concept (PoC) and enroll the best spin-offs as virtual/physical incubates at JKEDI.

After the pre-incubation programme and rigorous interventions, a total of 60 startups from Telangana and Jammu and Kashmir will undergo a co-incubation programme. This co-incubation brings in startups the opportunity to scale up to viable enterprises and receive rapid growth mentorship from the leaders at JKEDI and WE-Hub.

Read more: https://telanganatoday.com/we-hub-joins-hands-with-jkedi

She said due to the efforts of the State government, Telangana was more cohesive and inclusive with respect to economy and gender neutrality.

 MLC K Kavitha lauded the Telangana model as an accurate case study of working with ‘leadership, politics and policy-making’ in the Indian system. She said due to efforts of the State government, Telangana was more cohesive and inclusive with respect to economy and gender neutrality.

Participating in a webinar on ‘Long Story Short’ hosted by Ashoka University in association with We-Hub here on Monday, Kavitha spoke on a range of topics including the need for financial independence among women and how Telangana government was working extensively towards making women self-reliant. She also explained the policy framework in India as a country, that needs relaxation for businesses and venture to expand and grow. “In a rapidly growing economy like ours, having a young population, there is a need to focus on policy-driven leadership to automate course correction process,” she said.

Read More: https://telanganatoday.com/telangana-govt-committed-to-making-women-self-reliant-kavitha

The CEO of WE-Hub spoke in length about the kind of work the incubator has been doing for women entrepreneurs from not just Telangana but pan-India

India’s first and only government-led incubator for women, WE-Hub situated in Hyderabad, has so far worked with 3,497 entrepreneurs across the board and has made sure that not just urban startups but even rural entrepreneurs are provided a platform to grow their business, said Deepthi Ravula, CEO, WE-Hub. On the last day of TiE Global Summit, she spoke in length about the kind of work the incubator has been doing for women entrepreneurs from not just Telangana but pan-India.

“We are working with women entrepreneurs across verticals, space and scale. There are three main things that we are focused on – government liaising, incubation wherein we also run a pre-incubation programme for entrepreneurs to understand the nuances and then tell them to apply for the incubation, and finally work with 32 institutions and 18 countries to support our entrepreneurs,” she said.

Read More: https://telanganatoday.com/we-hub-has-worked-with-3497-entrepreneurs-so-far-deepthi-ravula