by admin | May 25, 2021 | Entrepreneurship, Women Entrepreneur
Hyderabad : TiE Global in partnership with the US Embassy on Thursday announced launch of AIRSWEE 2.0, its marquee programme for economic empowerment of women through entrepreneurship in 30 Tier 2 and 3 cities in India.
The objective of All India Road Show for Women’s Economic Empowerment through Entrepreneurship (AIRSWEE) is to educate, mentor and inspire women in smaller Indian cities to consider entrepreneurship as a viable and rewarding career path.
The announcement was made on the sidelines of Global Entrepreneurship Summit (GES).
TiE Global, a not-for-profit organization with the mission of fostering entrepreneurship globally, won a grant of $125,000 from the US Department of State for its second phase. Last year, the grant was $140,000.
Seema Chaturvedi, Chairperson Project AIRSWEE, said AIRSWEE 1.0 initiated in 2016 empowered 125 women mentors from 27 cities.
Based on the significant impact created by it, TiE Global received funding support from the US Embassy to conduct mentorship based programme to scale up women entrepreneurship in India for a second year, she said.
Under Project AIRSWEE 2.0, TiE Global will host four-day workshops in cities which include Baroda, Hubli, Bhubaneshwar, Lucknow and Patna. Each workshop city will host 30 mentee participants for a total of 150 selected mentees.
TiE Global has unveiled the application at its website http://women.tie.org/mentee.php and is inviting applications from interested participants. The workshops will be free of cost for the women participants.
TiE Global is seeking to create a significant multiplier effect by creating a pay-it-forward culture by requiring each of these 150 mentees to mentor at least two mentees each. “This will create a ripple effect of at least 450 empowered women entrepreneurs,” she said.
Under the first phase, workshops were conducted in Coimbatore, Warangal, Jaipur, Nagpur and Durgapur.
—IANS
by admin | May 25, 2021 | Entrepreneurship, Women Entrepreneur
New Delhi : In a bid to uplift women’s entrepreneural spirit in the country, the All India Road Show on Women’s Economic Empowerment through Entrepreneurship (AIRSWEEE) programme aims to impact around 450 women entrepreneurs across 30 cities, Chairperson Seema Chaturvedi said here on Monday.
An initiative of not-for-profit organisation TiE Global, the AIRSWEEE programme was launched in September 2016 with the objective of helping develop business and entrepreneurial skills to empower women economically.
The California-based TiE Global has created significant economic impact by mentoring 125 women from 27 mostly tier-II and tier-III Indian cities.
“The first phase was 125 women, five cities. We had women coming from 27 cities, travelling to those five cities workshops. In our next round, we still have five workshops but we are hoping to get women from 30 cities,” Chaturvedi told IANS in an interaction.
“We will most probably launch our workshops by February-March of next year and then there will be six months of mentoring,” she added.
The five cities included Coimbatore (Tamil Nadu), Warangal (Telangana), Jaipur (Rajasthan), Nagpur (Maharashtra) and Durgapur (West Bengal).
The AIRSWEE programme was funded by the US Department of State, which is committed to promoting entrepreneurship in India.
Chaturvedi, who is also the Managing Director of investment banking and knowledge services firm Accelerator Group LLC, announced the group’s commitment to seed the launch of a $25 million early stage private equity fund — Achieving Women Entrepreneurs (AWE) Fund I — specially for women-owned and -led enterprises.
“The first round of funding from the US state department was for us building capacity for 125 women… The impact of round one was that it led our firm to launch the creation of a $25 million fund. Our fund is the outcome of the impact created by AIRSWEEE,” said Chaturvedi.
“In the second round of funding, we are going to be more ambitious. We will actually try to reach a total of 450 women, 150 directly by actually mentoring them.”
In the first phase of the AIRSWEEE programme, TiE Global invited US-based and India-based mentors to train aspiring and early stage women entrepreneurs by conducting skill development workshops in five cities. Twenty-five participants were selected to undergo additional mentoring for a period of six months in the second phase.
Chaturvedi added: “We would love to welcome other partners so that it does not just have to be the US state department funding us. We would love for other foundations to jump in and give us funding so that we can grow this programme.”
—IANS
