Page 26 - EDII Report 125

EDII REPORTS 125

Creating Platforms for the Gems of India... the Women Micro-Entrepreneurs
...WeAct, supported by Accenture

Women Entrepreneurs Access Connect Transform (WeAct), a pioneering initiative of the
Institute, with the support of Accenture, has reached a significant milestone by providing
comprehensive training and support to more than 13,500 women micro-entrepreneurs
across 17 states and 2 union territories in India. Through its vision to 'Empower Rural Women
Entrepreneurs', WeAct has provided structured hand-holding support to 5,625 women
micro-entrepreneurs in the Food & Agriculture industry, 5,921 in the Handloom & Handicrafts
sector, and 1,924 in household supplies enabling them to make their businesses profitable
and sustainable. WeAct covers various aspects including market access, product
development, access to finance etc. Mr. Samuel Moses Amarnath is the head of WeAct.

At a glance
• Completion of over 3500 statutory compliance processes

• Onboarding of more than 2700 members on e-commerce platforms like Amazon and Flipkart

• Provision of product development services to over 2800 members

• Participation of over 4000 members in energizer workshops and exposure visits
• Involvement of over 1000 members in exhibitions, resulting in revenue generation of ₹79 lakhs

• Facilitation of financial assistance, amounting to ₹45 lakhs

• Recording enterprise revenue growth impact of ₹2.5 Crores after WeAct's intervention

Adding Sparkle and Shine to Lives
...Project Revitalizing Innovation for Sustainable Enterprises (RISE),
supported by IDBI Bank Ltd

Entrepreneurship and Innovations is a magical amalgamation that can lead to scalable
enterprises. Revitalizing Innovation for Sustainable Enterprises (RISE) is a novel project
aimed at improving the economic conditions and quality of life in rural and peri-urban
communities around Dehradun (Uttrakhand), Kamrup (Assam) and Kashipur (Odisha)
through technology-based skill development, livelihood creation, and credit linkage
initiatives. Some of the important activities over the last three months give a glimpse into
the outcome-based achievements of the initiative:

• As a part of the project, Entrepreneurship Awareness Programmes (EAPs) were
conducted for more than 650 participants. The initiative aimed at promoting
entrepreneurship as a career option. There was particular emphasis on handloom
trade (for Assam beneficiaries) millet value-added products (for beneficiaries from
Uttarakhand and Odisha Regions) demonstrating the scope for floating sustainable
ventures in the sectors.

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