Categories: News/City Updates

IIM Visakhapatnam launches 15-month-long incubation programme for women entrepreneurs

IIMV FIELD, the incubation hub of the Indian Institute of Management (IIM) Visakhapatnam, with a vision to support women entrepreneurs, has rolled out applications for the Naaripreneur for Her incubation programme. Women entrepreneurs in any sector from all over India can apply for this 15-month-long incubation, with the last date being 26 November 2023.

The programme guarantees a comprehensive package, including mentoring, networking opportunities, market access, and abundant learning resources. Participants will be introduced to a supportive community of like-minded peers, coupled with virtual and physical assistance. Furthermore, the Naaripreneur for Her 

programme offers performance-based financial grants of up to Rs 3,00,000 during its final phase.

Phase one of the incubation programme will involve the application process, where women-led ventures will be invited to avail of the opportunity to seek guidance from industry experts. In the second phase, up to 75 ventures will be shortlisted for a month-long virtual ideation boot camp, during which the participants will receive inputs on concepts such as idea generation, idea validation, evaluation, and Lean Canvas.

Also read: GVMC Commissioner appeals for public cooperation to curb pollution in Visakhapatnam

Further, 50 ventures will take part in a virtual-cum-physical launchpad that includes mentoring on aspects such as marketing, operations, and finance in business models. The third phase will also train the participants on fundraising, networking, and performance & people management. In the final stage, 25 startups will be selected for a rigorous 12-month-long incubation, during which participants may receive financial grants based on performance. The Naaripreneur for Her incubation programme at IIM Visakhapatnam (IIMV) FIELD will culminate with a demo day, where the selected startups will connect with investors.

Click here to apply for the programme.

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