NEW DELHI, July 25, 2024 – Kotak Mahindra Bank Ltd. (KMBL) and NSRCEL at IIM Bangalore have started the fifth Women Startup Programme. This initiative, part of KMBL’s Corporate Social Responsibility (CSR), aims to support female entrepreneurs across India. The programme will distribute Rs 3 crore among the best-performing ventures to help them grow their businesses.
Funding Details: Rs 3 crore will be given to the top ventures in the programme.
Programme Stages: The programme includes a foundation course, pre-incubation, and incubation stages to help women entrepreneurs develop their ideas.
Women Startup Programme: Learning Journey
Educational Phases: The programme begins with a 5-week Foundation of Entrepreneurship (FOE) course. After this, there is a 2-month virtual pre-incubation phase for prototype development. Successful candidates will then join a 5-month incubation phase at NSRCEL to further develop their businesses.
Guidance: Participants will receive help with business planning, marketing, finance, and operations. Mentors, including experienced entrepreneurs and industry experts, will provide guidance.
Participants will receive mentorship from experienced entrepreneurs and industry experts, helping them navigate the business world.
Empowering Economic Growth Impact
Anand Sri Ganesh, CEO of NSRCEL, said, “With Kotak Mahindra Bank’s support, we have made a significant impact on India’s economy by fostering innovation and entrepreneurship. We support ventures in both major cities and smaller towns, driving economic growth and creating jobs. By empowering women entrepreneurs, we contribute to the broader economic development of our nation.”
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