New Delhi: WE HUB, India’s first and only state-led incubator by the Government of Telangana to foster and promote women entrepreneurship and ensure that start-ups scale and accelerate in their entrepreneurial journey. With an aim to support aspiring entrepreneurs in Telangana to innovate with technology, a program in collaboration with the Australian Consulate General “Upsurge”, which ensures potential women entrepreneurs are given the needed guidance to conceptualize their ideas towards prototype creation was started.
In the second cohort of Upsurge program, 11 startups were graduated. The entrepreneurs underwent the required technical and mentoring support for assessing the feasibility and potential viability of the ideas. The 2nd cohort of the program witnessed 70 eligible applications, out of which 23 women entrepreneurs were shortlisted, from across 9 sectors and 3 states. The graduating start-ups of the cohort were Zero Waste Store, Solutions for Online Learning, Logistics App, Apic Book, Sri Raghavendra Granites, Reze, JaldiDesi, C&S Technologies, PALL Healthcare, Khansland, Akunera Foods. The 3-month long program saw a total of 70% of the entrepreneurs from the cohort creating viable prototypes and 80% developing actionable business plans.
Ms. Sara Kirlew, Consul-General for South India, Australian Consulate General, Chennai said “Highly impressed with the ideas of women entrepreneurs and happy to support more women entrepreneurs through the Direct Aid Program”.
Ms. Deepthi Ravula, CEO-WE HUB remarked, “We are happy to collaborate with the Australian Consulate to ensure that women have an opportunity to enter the economic workforce through programs such as Upsurge. Going forward, we will support this cohort of women as part of WE HUB’s flagship incubation program to ensure that the entrepreneurs move from a prototype to MVP stage.”. She also announced that the applications for the 3rd cohort of Upsurge program are live and those who are interested to take part in this, can apply before 30th Jul’2022.
About WE HUB:
WE HUB is the first-of-its-kind and only state-run platform for women entrepreneurs by the Government of Telangana. WE HUB supports women entrepreneurs with innovative ideas, solutions and entities focusing on emerging areas in technology and allied sectors. WE HUB also supports entrepreneurs in under-explored/unexplored sectors, such as FMCG, retail, e-commerce, including the service sector.
The mandate and goal of WE HUB is to eliminate financial and societal barriers for women and help them succeed in their enterprises by creating a supportive community for aspiring and existing women entrepreneurs.