15 lucky
women entrepreneurs have been selected by The N.S. Raghavan Centre for
Entrepreneurial Learning at the Indian Institute of Management (IIM-B) whose
startup ideas will be supported by the IIM-B.
Their
startup projects will be sponsored by Goldman Sachs, which is a renowned bank
and global investor and these women will be trained online and in the
classrooms on how to start and set up their business, which will help them in
becoming the entrepreneurs of the next generation.
"Each
of the 15 women will get Rs 40,000 per month fellowship to develop their
business ideas into start-ups in diverse areas, including matching volunteers
to social causes, specialized healthcare systems and customized social
networks," the B-school said in a statement here.
"Technology,
as the core business idea was a key theme in the program. Many ideas focused on
community. Through the boot camp, our women entrepreneurs-in-the-making were
able to learn and apply business acumen and domain expertise to help their
ideas grow into a viable business," said IIMB Program Director Suresh
Bhagavatula in the statement.
The 'Women
start-up program' since its launch in 2016 November, attracted around 1700
females entrepreneurs from the nationwide and the final 15 were selected on the
basis of their presentation and ideas before the panel of experts and other
entrepreneurs.
This boot
camp is an immense opportunity for the budding women entrepreneurs to expand
their network among peers, venture capitalist, MBA students and Goldman
professionals.
With
the average age of 34 years, including the oldest at 53 years and youngest at
22, the participants were trained in developing the business plan, understand
costing and pricing, sales, marketing and negotiation.
Tags: Iim-B
Women Entrepreneurs
Women Start-Up Program
Startup
