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UN India business forum, NITI Aayog form consortium to help women entrepreneurs
Women entrepreneurs, startups
News:
- The UN India Business Forum and the Women Entrepreneurial Platform of NITI Aayog recently formed a consortium to reduce gender disparities in start-up investments.
Important facts:
- The Consortium will bring together key ecosystem stakeholders, including venture capitalists and impact investors, international donar and funding agencies, private sector partners and state government.
- Objectives:
- Reducing gender disparity in start-ups, expediting market linkages.
- Gender disparities can be achieved by providing mentorship and networking opportunities and accelerating financial and market linkages for women entrepreneurs.
- Strengthen women’s entrepreneurship by creating an enabling ecosystem for investments.
- Women entrepreneurs will be indentified through key partners, including WEP, UN Women and UNDP.
- The consortium secretariat will then connect entrepreneurs, according to their requests, with relevant members.
- Sustainable development:
- Sustainable development has the potential to open up markets worth $12 trillion around the world by 2030.
- It is estimated that up to $5 trillion is needed in a year to implement UN’s Sustainable Development Goals (SDGs) worldwide.
- Return on investments on implementing the SDGs could be about $30 billion a year.
- The UN India Business Forum, an alliance of India’s businesses, financial institutions, the government and the UN, aims to accelerate India’s rapid growth and achieve the SDGs.
