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IIMV FOUNDATION FOR INCUBATION ENTREPRENEURIAL LEARNING &

DEVELOPMENT(IIMV FIELD)

Women’s Startup Program

The Women Start-up Program (WSP) aims to support ambitious and innovative women entrepreneurs by
enabling them to transform their idea into a business venture. The Program is designed to focus on
enhancement of the entrepreneurial and managerial skills of women leading early and ideation stage
ventures. WSP is sector agnostic, providing the essential resources,knowledge, and financial support to
help launch and grow women-led ventures, especially through enhancing their entrepreneurial and

managerial skills. The vision is to make learning accessible, affordable, and unbounded, primarily for
women living in tier-2 and tier-3 cities.

The Program provides business knowledge for entrepreneurs to build on their idea in the initial stage

through Massive Open Online Course. The Program then progresses by offering selected candidates a
three-month virtual pre-incubation program where entrepreneurs will undergo business training to
develop their prototype. Finalists are selected to be a part of Incubation at IIMV FIELD where they will
focus on developing their product and scaling up. The Program is fully sponsored by Kotak Mahindra Bank
Limited.

NSRCEL, The Incubation and Startup Hub of IIM Bangalore has initiated the Women Startup Program.
IIMVFIELD is one of the program partners of NSRCEL in the execution of the Women Start-up Program.
The start-ups and entrepreneurs selected through NSRCEL’s rigorous selection process from AP and TG
States will be provided incubation support at IIMVFIELD as well. In 2018-19, IIMV FIELD supported 25
Women start-ups, and in 2020-21, it supported 20 Women start-ups.To know more about the program
and for applying to the current cohort, please visit https://www.nsrcel.org/women-startup-program/

MTAR Funding

Under the Corporate Social Responsibility (CSR) Initiative of MTAR Technologies
Ltd, IIMVFIELD has received a major financial grant to support social
entrepreneurship. MTAR is a leading national player in precision engineering
serving core and sensitive sectors like defence, space, nuclear etc.

The funding will be used to support ambitious and innovative entrepreneurs who are interested in creating
“value for many” and not just “value for money”, through an Incubation program. This program aims to
enable these entrepreneurs to transform their ideas into a successful business venture for the larger good
of the society. Supporting such entrepreneurs is in line with the vision of MTAR, i.e., to be a socially
responsible firm andcontribute to solve some of the globalproblems.

Upto 25 ventures are expected to be incubated through this program. Call for applications will be
announced soon.

23 VOL. / ISSUE /JAN APRIL