WE-Hub, RMC ink MoU to launch 'Project Inclusion'
The project aims to inculcate digital literacy and financial inclusion for 500 women-led businesses in the RMC region by November 2021
image for illustrative purpose
Hyderabad: WE-HUB, a State-led incubator for women, has launched 'Project Inclusion' in collaboration with Ramagundam Municipal Corporation (RMC) to inculcate digital literacy and financial inclusion for 500 women-led businesses in the RMC region by November 2021.
A Memorandum of Understanding (MoU) was signed to establish a WE-Hub satellite office in RMC region in the presence of Jayesh Ranjan, Principal Secretary for IT E&C Department, Telangana, by Uday Kumar, Commissioner, Ramagundam Municipal Corporation, and Deepthi Ravula, CEO, WE Hub.
"I am happy to see WE-Hub and RMC coming together to help the women of Telangana realise their economic, social, and financial goals. I am hoping that this model project will help WE-Hub to equip women entrepreneurs in Telangana and scale it with many more departments locally and across India," said Jayesh Ranjan, Principal Secretary (ITE&C), Telangana.
This project is not only to bring more women into the workforce but also to create role model enterprises led by businesswomen who will generate employment in the municipal corporation. SBI has come onboard as the exclusive banking partner for the project.
"WE-Hub is happy to partner with RMC to ground and scale 500 enterprises with 360-degree support. Together, we will be creating a blueprint for more municipalities to enable women in their local areas to go from job seekers to employment generators and add to the local economy," said Deepthi Ravula, CEO, WE-Hub.
The micro-entrepreneurs will be shortlisted through a visioning and screening process and will be taken from sectors of primary and secondary processing, manufacturing, trading, services and textiles.
"With initiatives such as 'Make in India', it is important to ground and scale MSMEs at municipalities and generate local employment. We are working with WE-Hub to ensure that sustainable women-led enterprises are created by leveraging technology and promoting digital and financial literacy among the aspirational businesswomen," said Uday Kumar, Commissioner, RMC.
