The Women Entrepreneurship Platform (WEP) is a first of its kind, unified access portal which brings together women from different parts of India to realize their entrepreneurial aspirations.
The idea of the Platform was first mooted by Shri Amitabh Kant, CEO, NITI Aayog who announced the setting-up of a Women Entrepreneurship Platform in NITI Aayog at the conclusion of the 8th Global Entrepreneurship Summit (GES) held in Hyderabad in 2017 with an overarching theme of ‘Women first, prosperity for all.
CEO, NITI Aayog,Amitabh Kant, launched the WEP platform at NITI Aayog premises in the capital today in presence of UN Resident Coordinator in IndiaYuri Afanasiev, Kailash Kher, industry leaders and supporting partners. The WEP theme song “Naari Shakti” composed and sung by Shri Kailash Kher was released on this occasion.
Nominations for the Women Transforming India Awards, 2018 were also opened by Amitabh Kant and Yuri Afanasiev.
Established under the leadership of Ms Anna Roy, Adviser (Industry) of NITI Aayog, the platform aspires to substantially increase the number of women entrepreneurs who will create and empower a dynamic New India.These aspirations are manifest in the three pillars on which WEP is built: Ichha Shakti (motivating aspiring entrepreneurs to start their enterprise),Gyaan Shakti (providing knowledge and ecosystem support to women entrepreneurs to help them foster entrepreneurship) &Karma Shakti (providing hands-on support to entrepreneurs in setting-up and scaling up businesses).
With an informative, interactive website to act as a dedicated resource and knowledge base, WEP aims to address the bottlenecks faced by both aspiring and established women entrepreneurs by streamlining information across government and private sector schemes and initiatives.
WEP is to operate within a broader framework of industry collaborations and partnerships, which cut across sectors in the economy. From providing unique services such as credit evaluation of women-led startups by CRISIL and potential equity investments through an INR 10 crore fund established by DICE Districts, the WEP opens up avenues of growth and opportunity for women entrepreneurs.
Other partner commitments include ShopClues.com, which has offered to provide internship and dedicated mentorship and Mann Deshi Foundation to provide digital and financial literacy to aspiring women entrepreneurs. Several other leading corporates and industry bodies viz. NASSCOM, CII, FICCI, SIDBI and Facebook have partnered with WEP to provide business acceleration, mentorship and other start-up support for women entrepreneurs, details of which can be accessed on https://wep.gov.in.
As an enabling platform, WEP is built on three pillars- Iccha Shakti, Gyaan Shakti & Karma Shakti where-
- Iccha Shakti represents motivating aspiring entrepreneurs to start their business;
- Gyaan Shakti represents providing knowledge and ecosystem support to women entrepreneurs to help them foster entrepreneurship; and
- Karma Shakti represents providing hands-on support to entrepreneurs in setting-up and scaling up businesses