Swavalambini Programme:
The union Ministry of Skill Development and Entrepreneurship launched the Swavalambini programme.
- Swavalambini Programme was launched by the Ministry of Skill Development and Entrepreneurship (MSDE) through Indian Institute of Entrepreneurship (IIE), in collaboration with NITI Aayog in Assam, Meghalaya and Mizoram.
- This initiative is aimed at empowering female students in select Higher Education Institutions (HEIs) in the northeast by equipping them with the essential entrepreneurial mind-set, resources, and mentorship they need to succeed in their entrepreneurial journey.
- Those who successfully build their ventures will be recognized and awarded, ensuring that their success stories inspire others.
- This initiative will define a clear process for how we nurture and scale women-led enterprises in India.
- The initiative aims to provide structured training through the Entrepreneurship Awareness Programme (EAP) which introduces 600 female students to entrepreneurship as a viable career option.
- For 300 selected students, the Women Entrepreneurship Development Programme (EDP) offers an intensive 40-hour training covering crucial business aspects such as training and skilling, access to finance, market linkages, compliance and legal support, business services, and networking opportunities.
- This will be followed by six months of mentorship and handholding support to help participants translate their ideas into sustainable prospects.
