Women Entrepreneurship Training in India – Empowering the Next Generation

Discover how women entrepreneurship training in India through Goldman Sachs 10,000 Women is empowering female entrepreneurs and boosting economic growth.

India is witnessing a transformative wave in women-led businesses, as the Goldman Sachs 10,000 Women initiative expands its footprint across the nation. With a focus on women entrepreneurship training in India, this program provides aspiring female entrepreneurs with world-class business education, mentorship, and networking opportunities, aimed at fostering economic growth and creating a robust ecosystem for women-led ventures.

Expanding Horizons: Academic Partnerships Driving Growth

In a major move, the Indian Institute of Management Ahmedabad (IIMA) and Indian Institute of Management Lucknow Enterprise Incubation Centre (IIML EIC) have joined the program as new academic partners, complementing the existing collaboration with IIM Bangalore – NSRCEL. This strategic alliance aims to graduate 1,000 women entrepreneurs in India over the next year and increase the overall intake to 10,000 by 2033, underscoring the nation’s commitment to the “Viksit Bharat 2047” vision.

Professor Bharat Bhasker, Director of IIM Ahmedabad, stated, “Combining our academic expertise with the global reach of the initiative helps build an ecosystem of women entrepreneurs that drives innovation, growth, and empowerment.” Similarly, Professor M.P. Gupta, Director of IIM Lucknow, emphasized that promoting female entrepreneurship creates a ripple effect, inspiring generations and contributing significantly to India’s economic and societal development.

Empowering Women Entrepreneurs Across India

The Goldman Sachs 10,000 Women program in India equips participants with essential skills to scale their businesses and navigate market challenges. Its curriculum, offered in English and Hindi, emphasizes practical learning, including strategy, finance, leadership, and marketing. Beyond the classroom, participants gain access to mentorship, peer networks, and funding opportunities, critical for overcoming structural barriers like capital access and professional networking gaps.

Sonjoy Chatterjee, CEO of Goldman Sachs India, highlighted, “Our expanded commitment ensures a powerful combination of education, mentorship, and networks for women entrepreneurs, enabling them to become pillars of India’s growth.”

Proven Impact: Driving Economic Growth

Over the years, graduates of the program have demonstrated remarkable outcomes. On average, participants have quadrupled their revenues and doubled their workforce shortly after completing the program. Collectively, they have created over 12,000 new jobs and contributed billions of rupees to India’s economy. Notably, nine out of ten graduates mentor other women entrepreneurs, creating a multiplying effect that further strengthens the ecosystem.

The initiative aligns with Goldman Sachs’ “India Womenomics” research, highlighting the need to boost women’s participation in India’s labor force to capitalize on favorable demographics and drive long-term economic growth.

Key Features of Women Entrepreneurship Training in India

• Structured classroom and online modules via partnerships with IIMA, IIML EIC, and IIM Bangalore NSRCEL.
• Mentorship from experienced business leaders and entrepreneurs.
• Access to funding and capital through global networks.
• Business networking opportunities fostering collaboration and growth.
• Guidance in scaling operations, market expansion, and innovation.

Expert Insights and Statistics

Dr. Naina Lal Kidwai, former Chairperson of Goldman Sachs India Foundation, remarked, “Investing in women entrepreneurs is not just a social initiative; it’s an economic imperative. Initiatives like Goldman Sachs 10,000 Women demonstrate measurable impact in creating sustainable businesses and jobs.”

Furthermore, research indicates that female-led businesses have higher adaptability during market disruptions, enhancing resilience and innovation. By supporting women entrepreneurs, India positions itself to leverage demographic dividends, boost employment, and promote inclusive growth.

How to Join and Benefit

Women entrepreneurs seeking growth can apply to the program through participating institutions. With online accessibility via Coursera, the program ensures democratized access to quality business education across India. Aspiring participants gain skills, mentorship, and global networking that empowers them to drive tangible business outcomes.

Conclusion

The Goldman Sachs 10,000 Women initiative exemplifies how women entrepreneurship training in India can catalyze change, empower female leaders, and contribute to the nation’s economic prosperity. By combining world-class education, strategic mentorship, and access to capital, the program nurtures a generation of entrepreneurs ready to transform India’s business landscape.

Internal Resources:

• Explore related NCERT Courses for additional learning.
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• Access useful Notes for business studies and entrepreneurship.
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• Watch learning Videos on entrepreneurship strategies.
• Download Free NCERT PDFs for reference.
• Explore NCERT Mind Maps for better understanding.

External Resource:

• Connect with Mart India Infotech for school and entrepreneurship resources.

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FAQs

1. What is women entrepreneurship training in India and why is it important?
Women entrepreneurship training in India focuses on equipping aspiring female business owners with essential skills in leadership, finance, marketing, and strategy. It is crucial for bridging gender gaps in business, increasing workforce participation, and boosting India’s economic growth.

2. How does the Goldman Sachs 10,000 Women program in India support women entrepreneurs?
The Goldman Sachs 10,000 Women program in India provides structured business education, mentorship from industry leaders, networking opportunities, and access to funding. Its goal is to help women entrepreneurs scale their businesses sustainably and become growth drivers for the economy.

3. Which academic institutions are part of the Goldman Sachs 10,000 Women initiative in India?
The program partners with leading institutions including IIM Ahmedabad, IIM Lucknow Enterprise Incubation Centre, and IIM Bangalore NSRCEL. These partnerships ensure high-quality education and mentorship for participants across India.

4. How does IIM Lucknow women business education contribute to the initiative?
IIM Lucknow women business education plays a key role in offering specialized training modules, incubation support, and access to entrepreneurial networks. The institution’s involvement strengthens academic collaboration and empowers more women to pursue business leadership roles.

5. What opportunities are available through startup mentorship for women in India under this program?
Startup mentorship for women in India through this initiative includes guidance from experienced entrepreneurs, peer learning groups, networking with investors, and business growth strategies. This support helps women navigate market challenges and expand their ventures effectively.

6. How does empowering women entrepreneurs in India benefit the national economy?
Empowering women entrepreneurs in India leads to increased job creation, innovation, and economic diversification. Studies show that businesses led by women often create sustainable models, contributing significantly to GDP and community development.

7. Is the Goldman Sachs 10,000 Women program in India accessible online for participants in remote areas?
Yes. The program is available online through platforms like Coursera, enabling women from remote areas to access high-quality entrepreneurship training in India without geographical barriers.

8. What measurable impact has the Goldman Sachs 10,000 Women initiative had in India so far?
Graduates have, on average, quadrupled their revenues and doubled their workforce within months of completing the program. Collectively, they’ve created over 12,000 new jobs, demonstrating the transformative impact of structured entrepreneurship training.

9. How does the initiative align with India’s Diversity and Inclusion goals?
The initiative promotes diversity and inclusion by focusing on women’s leadership in business, offering resources to historically underrepresented groups, and supporting the national vision of Viksit Bharat 2047 for inclusive growth.

10. How can women entrepreneurs apply for women entrepreneurship training in India through this program?
Interested candidates can apply via participating institutions such as IIM Ahmedabad, IIM Lucknow, or IIM Bangalore NSRCEL. The online application process makes the program widely accessible, encouraging more women to join and benefit from structured entrepreneurship training.