Women Entrepreneurship Platform (WEP): a platform to promote & support women entrepreneurs | Eligibilty & register online at wep.gov.in for mentoring, funding, incubation

The Government of India`s undertaking National Institution For Transforming India (NITI) Aayog launched Women Entrepreneurship Platform (WEP) on the occasion of International Women’s Day on 8th March 2018. It is a unified platform for women from different parts of India to help them realize their entrepreneurial aspirations. On the launching day of this platform, a WEP theme song “Naari Shakti” whose composed and sung by Kailash Kher was released.

The idea behind this platform is “Women First, Prosperity for All” was stated by Shri Amitabh Kant, CEO, Niti Aayog. The objective of the scheme is to promote women entrepreneurship, empower them provide financial support and mentoring. More women in the business will create more jobs for the women and a safe working environment for them.

The WEP was established under the leadership of Ms. Anna Roy, Advisor (Industry) NITI Aayog. To create, empower a glorious and dynamic New India. The platform is built on three principles:

Iccha Shakti: To motivate aspiring entrepreneurs to start their business
Gyaan Shakti: To provide knowledge and ecosystem support to women entrepreneurs to help them foster in the business
Karma Shakti: To provides hands-on support to women entrepreneurs in setting-up and scaling up businesses

The WEP platform will also provide financial assistance through free credit ratings, mentoring, funding support to women entrepreneurs, apprentice and corporate partnership. WEP also encourages women entrepreneurs to share their entrepreneurial journeys, stories and their experiences so that they will help in learning for upcoming entrepreneurs. The WEP also recognizes and awards women entrepreneurs every years with the WEP Awards. Nominations for the Women Entrepreneurship Award can be made at WEP official website wep.gov.in

What is the Women Entrepreneurship Platform (WEP)? A NITI Aayog (National Institution For Transforming India – Government of India undertaking) initiative for aspiring women entrepreneurs to provide support, mentoring and assistance so that women can realize their entrepreneurial aspirations.

Women Entrepreneurship Platform (WEP): Objectives

Building an entrepreneurial ecosystem for women across India
To help women realize their entrepreneurial aspirations
To help women entrepreneurs scale-up innovative initiatives and chalk-out sustainable, long-term strategies for their businesses
To provide vibrant entrepreneurial ecosystem with network industry collaborations, partnerships and mentors
Address the bottlenecks faced by both aspiring and established women entrepreneurs
To provide information and support from government, private sector schemes and initiatives

Women Entrepreneurship Platform (WEP): Eligibility

Aspiring and established women entrepreneurs in India

Women Entrepreneurship Platform (WEP): Benefits, Assistance & Support

Idea validation and assessment
Financial and legal assistance
Guidance on government schemes
Mentoring
Funding assistance, fund raising and evaluation
Global market access
Quick and easy company registration
Self certification and compliance
Rs. 10,000 crore of funding support
Tax exemption for first 3 years

Women Entrepreneurship Platform (WEP): How to register?

CLICK HERE to go to the WEP registrations page
Provide all the details about your self
For already registered businesses, the applicant can provide details of the business

WEP Women Transforming India Awards: Eligibility, Time-lines & How to apply?

The award launched by the NITI Ayog and United Nations in India
The award for women entrepreneurs who has challenged stereotypes and acted as a change agent through their businesses
Women entrepreneurs themselves can apply or others can nominate as well
Last date of nomination: 31st July 2018
Guidelines and Evaluation criteria: CLICK HERE to download
WTI Awards How to apply?
- CLICK HERE to register first on the WEP portal
- CLICK HERE to go to the WTI nominations page
- Provide all the details about the entrepreneur, business and the impact along with WEP registration ID
- Further details about the business and entrepreneur can be uploaded in a PDF file format
- Click on Submit button to complete the application process

Women Entrepreneurship Platform (WEP): Partners associated with WEP

SIDBI
CRISIL
Mann Deshi Foundation
WEE Foundation
Dice Districts
Facebook India
NASSCOM
ICAI
Digital Leadership Institute
Shoclues.com
United Nations
FICCI
CCI
Gen India
Content Pixies
Finsafe India
Lee Keshav
ALC India
CoworkIn

Women Entrepreneurship Platform (WEP): Implementation & Highlights

The WEP was launched on the Women’s Internationa Day 8th March 2018
It is an initiative for the women in Indian aspiring to be entrepreneurs
WEP is established under the leadership of Ms. Anna Roy, Advisor(Industry), Niti Aayog
Financial legal assistance, mentoring, incubation, government schemes are provided on the platform
WEP is built on the three pillars i.e Iccha Shakti, Gyaan Shakti & Karma Shakti
A network of industry collaborations, partnerships, mentors and peer-to-peer connect too is provided through WEP platform
For women-led startups the credit evaluation service are provided by partner CRISIL
DICE districts established a fund of Rs 10 Crore through investment by potential equity
WEP opens ups growth and opportunities for women entrepreneurs
WEP partner Shopclues.com has offered a mentoring and internship
Mann Deshi Foundation provides the digital and financial literacy to women entrepreneurs at WEP
Other partners such as NASSCOM, FICCI, CII, SIDBI and Facebook India provides business acceleration along with, mentoring to women entrepreneurs