India’s W21 Program to Empower Women-led Startups
Using TechCrunch as a Platform for Growth and Visibility
India has been witnessing a steady rise in the number of startups in recent years, with a significant number of them being led by women entrepreneurs. However, despite their potential and the value they bring to the startup ecosystem, women-led startups continue to face several challenges such as lack of access to funding, mentorship, and networking opportunities.
To address these challenges and empower women-led startups in India, the Department of Science and Technology (DST) launched the Women Entrepreneurship and Empowerment (WEE) program in 2016. The program aims to provide a supportive ecosystem for women entrepreneurs by offering funding, mentorship, and networking opportunities. The latest initiative under the WEE program is the W21 program, which focuses specifically on women-led tech startups.
The W21 program is a joint initiative by DST and the Indian Angel Network (IAN) to support and mentor women-led tech startups. The program provides selected startups with funding of up to INR 50 lakhs, along with access to mentorship, networking opportunities, and other resources to help them scale their businesses. In addition to this, the program also offers a unique opportunity for startups to showcase their businesses on a global platform through TechCrunch.
TechCrunch is a leading technology media platform that covers the latest news, trends, and analysis in the startup ecosystem. It has a global reach and a large audience, including investors, entrepreneurs, and technology enthusiasts. Through the W21 program, selected startups get an opportunity to feature on TechCrunch’s Startup Battlefield, a prestigious platform that showcases the best startups from around the world.
The Startup Battlefield is a pitch competition that takes place at TechCrunch’s annual Disrupt conference. The competition attracts a wide range of startups from different industries and stages of growth, with the finalists getting a chance to pitch their businesses to a panel of renowned judges and investors. The winner of the competition receives a cash prize of USD 100,000 and gains significant visibility and recognition in the startup ecosystem.
For women-led startups in India, getting featured on TechCrunch’s Startup Battlefield can be a game-changer. It not only provides them with exposure to a global audience but also increases their chances of attracting funding and partnerships. The visibility and credibility that comes with being featured on TechCrunch can help startups overcome the challenges of accessing funding and resources.
The W21 program has already witnessed success in its first edition, with six women-led startups selected to participate in the program. The selected startups are working in diverse areas such as fintech, edtech, agritech, and healthtech. They will receive funding, mentorship, and networking opportunities from IAN, along with a chance to pitch their businesses on TechCrunch’s Startup Battlefield.
The success of the W21 program highlights the need for more initiatives that focus on empowering women entrepreneurs in India. Women-led startups have the potential to drive innovation and economic growth, but they need support and resources to realize their full potential. Programs like W21 provide a supportive ecosystem for women entrepreneurs to thrive and succeed.
The W21 program is a step in the right direction towards empowering women-led startups in India. The program offers a unique opportunity for startups to access funding, mentorship, and networking opportunities, along with a chance to showcase their businesses on a global platform through TechCrunch’s Startup Battlefield. With more such initiatives, India can unlock the full potential of women entrepreneurs and drive innovation and growth in the startup ecosystem.