Nation-wide women startup program launched by IIM Bangalore and Goldman Sachs

Nation-wide women startup program launched by IIM Bangalore and Goldman Sachs

In order to help women start new ventures, a women startup program is being launched by the NS Raghavan Centre for Entrepreneurial Learning (NSRCEL) at Indian Institute of Management Bangalore (IIM-B).The program is funded collectively by the global investment bank Goldman Sachs and the Central government, WSP is the first customized online and classroom initiative in India.Under the program, women candidates will receive mentoring, incubation and financial support along with the in-depth training to foster and enhance their managerial and entrepreneurial skills. From the 300 ventures, 100 women will be selected by the IIM-B and will receive classroom instructions on developing a business plan, understanding costing and pricing, sales and marketing, and negotiation skills. “This initiative will empower female entrepreneurs to create jobs and in turn, strengthen the foundations of our communities,” said Sonjoy Chatterjee, Chairman and Co-CEO of Goldman Sachs in India.During this period they will also have the opportunity to network with the other successful women entrepreneurs, venture capitalists, IIM-B students, and Goldman Sachs professionals.

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