Home Entrepreneurship Women entrepreneurs in software product to be awarded by MEITY

Women entrepreneurs in software product to be awarded by MEITY

NEW DELHI: In an effort to find women entrepreneurs who have amassed remarkable progress in the field of software products, the ministry of electronics and IT has organized these awards. Most Notably, the woman founded and run companies that work in the area of Artificial Intelligence (AI), Internet of Things (IoT) and Virtual Reality (VR).

A New Age company working to create great impact in agriculture, healthcare, water management and a start-up producing prodigious results in the social sector will also be given these awards.

Sixth Economic Census released by the Ministry of Statistics and Program Implementation states that women constitute only around 14% of the total entrepreneurship in the country this means that there are only 8.05 million women out of the total 58.29 million entrepreneurs.

“The idea is to award women who have built great software products and through them inspire more women to come forward and join the entrepreneurship journey,” said a government official aware of the project.

Recently a draft policy for software products has been issued by the government to enhance the software product space in the country. For this reason, MEITY has partnered with IT Industry organization Nasscom for the awards and until now it has amassed close to 650 nominations.

During the launch of the startup hub, The Minister for Electronics, IT and Communications Ravi Shankar Prasad will give out these awards.

This start-up hub has been set up as a stage to connect incubators, accelerators, and mentors, ultimately adding angel funds and venture capitalists to the cause, as reported by ET.

Stay Connected

2,203FansLike
665FollowersFollow
3,434FollowersFollow

Must Read

Teacher Faces Backlash For Teaching Students Ways To Stop Systematic Racism

Melissa Statz, a teacher in the school of Burlington has received criticism from parents after she tried to teach her students how to stop...

Sunmi Faces Backlash For Mocking Indian Culture In A Viral Video

Lee Sun Mi, known as Sunmi has faced criticism after a TikTok video went viral in which she is seen mocking Indian culture. She is...

18-Year-Old Girl Gang Raped By Seven People For Five Hours

A terrifying incident happened in a village of India where an 18-year old girl and her 21-year old brother were returning home...

Sania Mirza’s sister Anam Mirza got married with Cricketer Asaddudin

Anam Mirza, sister of famous tennis player Sania Mirza has tied the knot with Cricketer Muhammad Asaddudin. Asad is the son of...

Related News

Two Businesswomen Start Podcast To Help People Shift Their Mindset

Two local businesswomen one black, one white have launched the podcast 'The Vine Experience' to help people change their mindset. The podcast focused on...

Jacqueline Way Shares Secret To Happiness – So Simple Three-Year-Old Can Do It

We always heard that giving makes you happy and it's better to give than receive. But have you actually thought of why? Let's find...

Meet The 2020 Richest Self-Made Women

Women are increasingly taking center stage in business. Building a successful business means focusing on maintaining relationships with three important audiences: customers, competitors, and...

Check Out The Journey Of This 11-Year Old Young Girl Who Invent Wise Pockets

Entrepreneurship is often considered complex and risky. People often believed that one needs to be natural when it comes to running a business but...

Meet The Youngest Self-Made Millionaire Of Pakistan

An 18-year old Bisma Khan is the youngest self-made millionaire of Pakistan. Bisma was 17 when she started her own 'Magic Hair Oil' Business. Bisma...