Executive Summary:
The proposed Center for Innovation and Entrepreneurship for Women (CIEW) at National Law University Jodhpur (NLUJ) aims to foster an environment that nurtures and supports women entrepreneurs in the Jodhpur region. The CIEW will provide a comprehensive range of services to women entrepreneurs, including:
- Business development and training programs
- Access to mentorship and networking opportunities
- Funding and investment assistance
- Co-working space and incubation facilities
- Legal and technical assistance
The CIEW will also serve as a hub for research and innovation in women entrepreneurship, and will collaborate with other institutions and organizations (government and private) to promote women's economic empowerment.
Problem Statement:
Women entrepreneurs face a number of challenges, including:
- Lack of access to capital
- Limited access to business development and training programs
- Lack of mentorship and networking opportunities
- Lack of co-working space and incubation facilities
- These challenges make it difficult for women entrepreneurs to start and grow their businesses.
Solution:
The CIEW will work towards creation of supportive and inclusive entrepreneurial ecosystem for women in Jodhpur.
Goals and Objectives:
The CIEW has the following goals and objectives:
- Assist in increasing the number of women-owned businesses in Jodhpur
- Encourage women in creating profitable businesses in Jodhpur
- Creation ofincreased number of jobs in women-owned businesses in Jodhpur
- Fostering supportive and inclusive entrepreneurial ecosystem for women in Jodhpur
Target Audience:
The CIEW will target women entrepreneurs at all stages of development, from ideation to growth. The CIEW will also provide services to women who are interested in entrepreneurship but have not yet started a business.
Proposed Services:
The CIEW will provide a comprehensive range of services to women entrepreneurs, including:
- Business development and training programs: The CIEW will offer a variety of business development and training programs, such as business planning, legal and technical support, marketing, and financial management.
- The 7 days capsule training program on women entrepreneurship: The Center will conduct 7 days capsule training program on women entrepreneurship to provide holistic education, awareness and skills to aspiring women entrepreneurs to establish their start up.
- Mentorship and networking opportunities: The CIEW will connect women entrepreneurs with experienced mentors and provide opportunities for networking with other women entrepreneurs. The Center will also conduct talks, discussions and interactions with successful women entrepreneurs to motivate aspiring women entrepreneurs.
- Funding and investment assistance: The CIEW will help women entrepreneurs access funding and investment opportunities.
- Co-working space and incubation facilities: The CIEW will provide women entrepreneurs with co-working space and incubation facilities.
- Industry visit: The Center will arrange for regular industry visits of enrolled women entrepreneurs in and around Jodhpur for practical learning.
- Exhibitions: In order to promote sustainability of businesses of enrolled women entrepreneurs, the Center will conduct exhibitions of their products on Campus.
Research and Innovation:
The CIEW will work in the direction of acting as a hub for research and innovation in women entrepreneurship. The CIEW will conduct research on the challenges and opportunities faced by women entrepreneurs, and will develop innovative solutions to these challenges. The CIEW will also collaborate with other institutions and organizations (government and private) to promote women's economic empowerment.
Evaluation:
The CIEW will evaluate its success by tracking the following metrics:
- Number of women-owned businesses in Jodhpur
- Revenue and profitability of women-owned businesses in Jodhpur
- Number of jobs created in women-owned businesses in Jodhpur
- Level of satisfaction of CIEW clients
Conclusion:
The CIEW is a critical initiative that will help to advance women's economic empowerment in Jodhpur. The CIEW will motivate the women entrepreneurs to have a zeal to succeed and establish their mark in the entrepreneurial world. The Center will thrive to provide more supportive and inclusive entrepreneurial ecosystem for women in the region.
