Partnership to initiate a pre-incubation programme

WE Hub, Telangana’s incubator to promote women entrepreneurship, has partnered with Gujarat government’s i-Hub to enable and support startups so that they can raise capital. The partnership is expected to initiate a pre-incubation programme for 240 women entrepreneurs in Fintech, Edtech, and Medtech.

A memorandum of understanding was signed between the two entities at a virtual event on Saturday between Telangana IT Principal Secretary Jayesh Ranjan and Principal Secretary, Technical and Higher Education, Education Department, Gujarat Anju Sharma.

Speaking at the virtual event, Information Technology Minister K T Rama Rao said: “Through this partnership we would like to create a roadmap of how women entrepreneurship can be scaled, supported and sustained, not just in India, but across the world. I wish this collaboration the best and pledge our support for an Atma Nirbhar Bharat where entrepreneurship is based on competence and not gender.”

Ms. Sharma described the partnership as significant for both We Hub and i-Hub and the two states joining hands would lead to promoting women entrepreneurs in the country. “We will achieve better results with this collaboration, as our Prime Minister rightly says: progress is achieved when everyone collaborates. Through this program, WE Start, we will enable women entrepreneurs to transfer and gain knowledge from each other as well as from WE HUB and i-Hub. The aim of this partnership is to benefit women entrepreneurs from across the country and not just from Gujarat and Telangana,” she said.

We Hub Chief Executive Officer Deepthi Ravula said that the incubator has worked with more than 3,400 women entrepreneurs, has had 11 startup programmes, and has incubated 148 startups.

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WE HUB, an exclusive incubator for women-led startups, has signed an agreement with the University of Bolton, based in the UK.

The partnership, valid for two years, will help women entrepreneurs at the WE HUB get access to the UK market.

“It will also open communication with relevant ecosystem players for both parties for future collaborations,” Deepthi Ravula, Chief Executive Officer of WE HUB, said.

Earlier, she signed the agreement with Kondal Reddy Kandadi, Deputy Vice-Chancellor of the University of Bolton.

“The start-ups will get access to evaluate the business growth opportunities, market understanding and access to clients in the UK region,” she said.

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WE HUB, a State-led incubator promoted by Telangana to foster and promote women entrepreneurship, has announced ‘UPSurge,’ a pre-incubation programme in collaboration with the Australian government.

This collaborative pre-incubation programme aims to aid women entrepreneurs across 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.

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