STOCK MARKET BSE NSE

Australia to fund WE-Hub’s accelerator programme

The programme also aims to strengthen Australia-India economic relationship in science and innovation.

Published: 18th October 2019 05:05 AM  |   Last Updated: 18th October 2019 05:05 AM   |  A+A-

IT Secretary Jayesh Ranjan and DFAT Chief Innovation Officer, Dr Sarah Pearson, along with the five women social entrepreneurs in Hyderabad on Thursday | VINAY MADAPU

By Express News Service

HYDERABAD: WE-Hub, -- India’s first incubator for women -- an initiative by the Telangana government in collaboration with the Australian Consulate-General has chosen five women-led social entrepreneurs to support them through the WE-Hub’s ‘Community Slate’ Accelerator programme. 

The entrepreneurs will share around `15 lakh granted under the Consulate-General’s Direct Aid Programme (DAP). The five enterprises that were selected are Scale Up Consultants, Oorvi, Adiro Labs, Cellerite, and CabDost. 

Under this programme, the chosen start-ups will receive support to refine their business model and increase social impact. The programme will include imparting education, knowledge, and mentorship, helping them to scale their business. The conclusion of this programme will be to provide a demo platform to the enterprises to present their ventures on a “Demo Day” to potential investors.

“In Telangana, we have created multiple avenues for social innovation and with WE Hub’s partnership with the Australian Consulate-General in Chennai, we have created Community Slate to enable women-led social entrepreneurs to get the necessary ecosystem to support them,” said IT secretary Jayesh Ranjan.

“We need more women leaders in our society. Through this programme we are helping women to create jobs for future high-growing sectors, in which more they can be involved,” said  Australian Department of Foreigh affairs and Trade (DFAT) Chief Innovation Officer Dr Sarah Pearson.

The programme also aims to strengthen Australia-India economic relationship in science and innovation.

Stay up to date on all the latest Telangana news with The New Indian Express App. Download now

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp