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NITI Aayog launches revamped women entrepreneurship portal

December 15, 2022

NITI Aayog launches revamped women entrepreneurship portal
The government’s public policy think tank NITI Aayog on Tuesday announced the launch of its Women Entrepreneurship Platform (WEP) 3.0 web portal to support women entrepreneurs in India. The platform will target to onboard 2.5 lakh women entrepreneurs, engage with 500 partners and host over 200 capacity-building online and offline events.

Global Alliance for Mass Entrepreneurship (GAME) the nonprofit for entrepreneurship in India will be the platform’s programme manager for the next three years to manage the platform end-to-end and will also be in charge of developing, operating and maintaining the portal.

WEP was conceived in 2017 to boost the ecosystem for women entrepreneurship in India by aggregating key stakeholders and resolving information asymmetry existing in the ecosystem.

As an aggregator platform, WEP provides services in six key areas viz., community and networking, funding and financial assistance, incubation and acceleration, compliance and tax assistance, entrepreneur skilling and mentorship, and marketing assistance.

“Women entrepreneurs account for just 13.76 per cent of the total entrepreneurs in India – a mere 8.05 million out of the total 58.5 million entrepreneurs. Women Entrepreneurship Platform intends to address the existence of information asymmetry and help resolve the fragmentation of the resources,” said Anna Roy, Sr. Adviser, Niti Aayog & Mission Director of WEP in a statement.

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