AWAKE is holding outreach to finance for profitable growth

‘ This state-level conference to focus on the simplifying institutional financial support for women entrepreneurs’

Bengaluru: The Association of Women Entrepreneurs of Karnataka (AWAKE), an award winning association of women entrepreneurs of the state which converted over 50,000 women in entrepreneurs is holding a state level conference on November 18 on the theme outreach to finance for profitable growth at the Hotel Ashoka in the city.

Speaking to the reporters, Dr. R Rajeswari President, AWAKE informed that the idea behind this event is bringing together all the stakeholders together including entrepreneurs, bank officials, and government agencies.

“It will be an interactive session. Our goal is finding a solution to the liquidity challenges faced by the women entrepreneurs,” she said.

“We are the first association in Asia to set up a food processing incubator for the benefit of the women who are engaged in food processing and allied startups,” she said.

“AWAKE founded in 1983, is one of India’s premier institutions with a membership of more than 3500 women entrepreneurs, who volunteer their time to furthering AWAKE’s mission of promoting entrepreneurship amongst women. AWAKE members themselves facilitate and guide women who want to start or grow their businesses. This entrepreneur guiding-entrepreneur through a time-tested module of Counselling-Training-Experience sharing-and Peer group support, has led to more than 50,000 women starting micro, small and medium enterprises, in the past 37 years” she said

“AWAKE is often called upon to provide national & international collaboration, be a resource organization in institutional competence building, training, commercial & technology linkages. A number of Asian, African, & Latin American delegates have made study visits to AWAKE,” she explained. An affiliate of Women’s World Banking, AWAKE has built up a strong support network with non- governmental and governmental development agencies, working with them to provide the expertise in entrepreneurship development.

AWAKE has been awarded with the prestigious international AGFUND (Arab Gulf Program for United Nations Development Organizations) for promotion of entrepreneurship amongst rural women for self reliance. “AWAKE strives to promote entrepreneurship among women as a means to achieve self- reliance and socio-economic independence.

AWAKE provides support and guidance to aspiring women from rural, urban, national and international arenas to be successful entrepreneurs, irrespective of their age, academic, social, economic background,” she added.

AWAKE’s services are extended to women Self Help Groups (SHGs), NGOS and other development agencies engaged in Income Generation Activities and Entrepreneurship Development. The organization comprises of women entrepreneurs from various sectors as its members. Members of AWAKE contribute their time and expertise to support women entrepreneurs, based on the approach ‘Entrepreneur guiding Entrepreneur.

AWAKE has built up a strong support network with Government, non-government, corporate developmental agencies, funding and finance agencies, working with them to provide the expertise in entrepreneurship development for both rural and urban women. AWAKE collaborates as a resource organization in institutional competence building, training, policy making and enabling technology transfers for state, national and international agencies

“AWAKE fosters an entrepreneurial culture in women such that their contribution to the global economy is recognized,” she explained.

AWAKE secretary Asha N R and treasurer Bhavana were present in the press meet

City Today News



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