- India has over 50,000 Startups recognized by the Department for Promotion of Industry and Internal Trade (DPIIT) with at least 45 percent of them having women entrepreneurs, according to a data issued by the department on June 3, 2021
NE BUSINESS BUREAU
AHMEDABAD, DEC 11
FLO Startup Cell- Ahmedabad, FICCI Ladies Organization & Antrapreneur Business Incubator, a unit of LJ Knowledge Foundation, on Thursday announced that they are creating history by launching a Training Centre to enable Skilling and Development Programs exclusively to promote Women Entrepreneurship in Gujarat.
“Over the years, women have evolved as strong, dynamic and multifarious leaders across the globe. A great nation is measured by the number of women working and contributing to its growth and economy. Rigorous and persistent endeavor towards women empowerment in social, educational, economic, political and psychological fronts should be the top priority across every strata of society,” say the organisers.
For our country to prosper and become an Atmanirbhar Bharat, we need to ensure and enable women-led economic development. India has over 50,000 Startups recognized by the Department for Promotion of Industry and Internal Trade (DPIIT) with at least 45 percent of them having women entrepreneurs, according to a data issued by the department on June 3, 2021.
The event will see idea, early or scale-up stage Woman Entrepreneurs/ Start-ups pitch to woman investors for funding their venture. This is exclusively for Woman Founders /Co-Founders. The event will also have DEMO DAY 2021, an indoor event, for all types of Woman Startups /Ventures to display and explain to the audience about their prototype, proof of concept, or market-ready product/service offering. Along with that, it will have Business Mentoring sessions for addressing any functional challenges as business owners with respect to various functions of running a business – from entrepreneurs, professionals & experts.
There will be three parallel Events. Woman Founders/Cofounders will pitch to Woman Funders; Demonstration of the product/service and Business Mentoring for Mentees. This will take place at LJ University Sarkhej Campus from 9:30 am to 3 pm on 23rd December 2021.
“India has about 10,000 angel investors and only 1% of it are women. Less than 30% of the deals that get funded are founded by women. FLO Startup is an endeavour to create an ecosytem of woman founders and funders. We are not only helping entrepreneurs but also training women to be on the other side of the table as investors’ said Dr Aarti Gupta, National Head, FLO Startups.
Commenting on this initiative, Nandita Munshaw, Chairperson, FLO Ahmedabad Chapter said, “I take pride in stating that “Women investing in Women- The Startup Symposium” is going to be the first-ever all-women initiative along with the launching of Training Centre for skilling and development to promote women entrepreneurship in Gujarat. We are looking forward to create history.’
Supriya Jindal, Chairperson, YFLO Ahmedabad, said, “Women are the backbone of a flourishing economic ecosystem. By supporting each other and investing in women led Startups we uplift each other.”
“We at LJ always believe in equality, for men and women, both. This collaboration for the training centre and an exclusive event for Women Funders and Women Founders is yet another attempt to create opportunities to further women entrepreneurship in Gujarat,” said Viral Shah, CEO, Antrapreneur- Business Incubator, a unit of LJ Knowledge Foundation.
Bouquet of bonanza for the winners
- 16-week FLO Accelerator Program entry for top 3
- One winner (1 team) will get incubated at Antrapreneur- The Business Incubator.
- Best ideas in Demo Day will be eligible for SSIP /New Gen Grant grant up to Rs 2 lakhs for prototyping.
- Zoho solution software package worth Rs 1.8 lakh for top 3
- Acknowledgement across FLO chapters and media coverage
- 1 year co-working space by karyalaya against barter for 1st winner
- 1 page feature in Empower (YFLO magazine) for the 1st winner
- Top 3 Pitch winners will get a mention in the FLO newsletter with their pics.
- A special invite to annual FLO Sambhava Awards 2021 to 3 Demo Day And Pitch Winners
- Entry pass to top 3 winners for all FLO/ YFLO events for Jan to March quarter – for added networking
For Registration information, do visit https://forms.gle/XJ1kuSShNXZpvbeR9
Contact Mail IDs: flostartupahmedabad@gmail.com; antrapreneurljkf@ljinstitutes.edu.in
