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Incubate that idea! Tomorrow's women entrepreneurs

For 15 young women, the task of turning their ideas into marketable products & services is mentored at IIM Bangalore

It was arguably India's first customized online and classroom training programme specifically tailored to create tomorrow's women entrepreneurs. Started in November 2016, the programme launched by the Indian Institute of Management Bangalore (IIMB) in partnership with leading global investment bank, Goldman Sachs, drew 1700 young women to a five-week online to systematically identify and test their business ideas.

From among these entrants, 50 aspiring women entrepreneurs were selected to attend a three-week boot camp at IIMB to enable each participant to develop a robust "problem-solution" methodology for ensuring the success and sustainability of their ventures.

Finally 15 women (pictured here) were selected to receive a fellowship of Rs 40,000 per month, while incubating their ideas at IIMB to start a successful venture on their own. Their ideas cover a wide spectrum including matching volunteers to social causes, specialized healthcare systems, and customized social networks.

"The innovative business ideas developed through this mass outreach online and classroom programme reflect the entrepreneurial talent in India and the tremendous potential of women entrepreneurs," says Sonjoy Chatterjee, chairman and co-CEO of Goldman Sachs (India).

—IndiaTechOnline

( Source : IndiaTechOnline )
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