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Women Transforming India Awards

  • 09 Aug 2019
  • 2 min read

The Women Transforming India awards (4th edition) are being launched by NITI Aayog.

  • The Women Transforming India awards are organized in collaboration with the United Nations.
    • For WTI-2019 awards WhatsApp (facebook owned messaging platform) has collaborated with NITI Aayog.
  • The theme of the Women Transforming India- 2019 awards is Women and Entrepreneurship (same as in 2018).

National Entrepreneurship Awards

  • The National Entrepreneurship Awards aim to honour outstanding young first-generation entrepreneurs and ecosystem builders for their exceptional contribution in entrepreneurship development.
  • They recognise individuals or organizations that have made outstanding contributions to the entrepreneur ecosystem of India.
  • The National Entrepreneurship Awards are announced annually by the Ministry of Skill Development and Entrepreneurship.
  • To be eligible for National Entrepreneurship Awards the nominee (entrepreneur) must be:
    • Under the age of 40 years
    • First-generation entrepreneur
    • Hold 51% or more equity and ownership of the business
    • Women entrants must individually or collectively own 75% or more of the enterprise.

Women Transforming India Awards

  • WTI awards were launched by NITI Aayog and the United Nations in India in 2016, to honour the women entrepreneurs, who are breaking the glass ceiling and challenging stereotypes, through businesses, enterprises and innovative initiatives.
  • WTI award recognizes women who are flag bearers of the next wave of business innovations and connect with potential business opportunities, through NITI Aayog’s Women Entrepreneurship Platform (WEP).
    • Women Entrepreneurship Platform (unified access portal to help women realise their entrepreneurial aspirations) is an initiative by NITI Aayog to promote and support aspiring as well as established women entrepreneurs in India.

Source:PIB

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