New Delhi, September 2, 2022: 91Springboard, one of India’s leading coworking community, collaborates with Google For Startups (GFS) to launch “Level Up” – a nationwide virtual accelerator program that aims to enable women entrepreneurs in India to elevate their startups to the next level. Combining key elements of business, tech, leadership and investment readiness, this accelerator program offers mentoring, masterclasses, connections and relevant tools for women entrepreneurs to refine their models, enhance their leadership skills and prepare them to get investment ready in order to grow their businesses and gain access to capital.
Level Up aims to address the hurdles women entrepreneurs face by creating opportunities for personal and business growth, providing greater visibility and a national platform, and improving access to capital through investor connections. The program is specially designed to support women entrepreneurs, who are looking for access to reliable mentorship, peer groups and other business related support.
Anand Vemuri, CEO, 91Springboard said, We are very excited to collaborate with Google for Startups in launching the Level Up program in India. 91Springboard has always believed in nurturing the startup ecosystem and fostering growth through ample learning opportunities. We believe that sharing global experiences and great work practices are fundamental in the growth and innovation for any sector. More women are launching and running startups but do not have the adequate support system to flourish. Through this effort with Google for Startups we hope to support women entrepreneurs in optimizing their businesses and building successful startups.”
Mike Kim, Head of Google for Startups APAC said “At Google for Startups, our constant endeavor is to support diversity in the startup ecosystem. We have already launched an India Women Founders program and with this association, we are looking to scale our efforts to support more women founders. We are excited to be a part of the journey and bring Google’s international support, connections and network to this program.”
While the Covid-19 pandemic hit startups hard – with 35% of women-led startups experiencing a significant decline in revenues – things are starting to turn around. While fundraising continues being an uphill task for women entrepreneurs in India, despite reports of investors’ focus and growing interest in empowering women entrepreneurs, YourStory Research data* reveal that in Q1 2022, of the 482 funding deals in the Indian startup ecosystem, only 78 were raised by women-founded and co-founded startups, i.e. 16.18 percent. Access to expert mentorship, connections, and opportunity can create a level playing field for women entrepreneurs to flourish and grow.
Corporate Comm India (CCI Newswire)
