About Swavalambini Programme:
Recently, the union Ministry of Skill Development and Entrepreneurship launched the Swavalambini programme.
- About Swavalambini Programme:
- It 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.
