Plan for women expanded

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Plan for women expanded

Wednesday, 31 October 2018 | Team Avenues

The NS Raghavan Centre for Entrepreneurial Learning (NSRCEL) at the Indian Institute of Management, Bangalore (IIMB), which focuses on developing entrepreneurship in India, has become an academic partner of Goldman Sachs. The 10,000 Women Initiative will now reach out to more women entrepreneurs.

The initiative is a global initiative that fosters economic growth by providing women entrepreneurs around the world with a business and management education, mentoring and networking, and access to capital.

Founded on the understanding that investing in women entrepreneurs leads to economic growth and stronger communities, this initiative has already reached more than 10,000 women from 56 countries to date, partnering with more than 30 leading business schools and 100 academic and non-profit partners. Since 2008, over 1,300 women entrepreneurs have graduated from Goldman Sachs 10,000 Women throughout 13 cities in India.

The 10,000 Women programme addresses the day-to-day obstacles that women entrepreneurs face in the course of running a business and imparts effective ways of dealing with them. Participants of the programme will work on strategy, finance and accounting, and business development, amongst other topics. Continuous feedback from mentors and professors will help them design efficient and executable business growth plans. Globally, 70 percent of graduates have reported higher revenues and nearly 60 percent have created new jobs.

The NSRCEL Goldman Sachs 10,000 Women programme is for all women entrepreneurs of businesses that have been in operation for at least one year with minimum annual revenue of Rs 35 lakhs and at least three employees.

The programme will include approximately 15 days of classroom sessions (spread over three months) at the IIM Bangalore campus, in addition to mentoring support, business growth plan preparation, and post-program alumni activities. The first cohort of the programme at IIMB is scheduled to start in January 2019 and end in March 2019. Interested candidates may access and apply at https://www.nsrcel.org/10000-women/

Goldman Sachs 10,000 Women also offers its full curriculum online through the Coursera platform as an alternative for those entrepreneurs who prefer online education or those that cannot attend a residential programme. For more information, visit https://www.coursera.org/launch/10000wome

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