17-05-2025
Telangana CM launches two programmes to support existing women-led enterprises, cultivate innovation among youth
To accelerate the growth of some 140 existing women-led MSMEs across Telangana, a Women Acceleration Program, supported by the Ministry of MSME and the World Bank, was launched by Telangana Chief Minister A. Revanth Reddy in Hyderabad on Saturday (May 17, 2025).
The Chief Minister reiterated the government's aim to empower one crore women to become millionaires. He spoke about how women from self help groups (SHG) pay back the loans with interest without a miss.
A flagship initiative under the national RAMP scheme, the Women Acceleration Programme aims to strengthen the capabilities of women entrepreneurs to scale sustainably and enhance their competitiveness — enabling women to achieve economic autonomy, leadership in business, and long-term entrepreneurial success. This would be achieved through targeted capacity building, tailored mentorship, financial enablement, expanded market access and other methods, CEO of WE Hub Sita Pallacholla said.
Besides, WE Hub's Grassroot Youth Innovation Program (GYIP) — designed to foster innovation and entrepreneurship among rural youth in the State — was launched by the Chief Minister. The program focuses on equipping young individuals with job readiness skills, mentorship, and hands-on experience, enabling them to become changemakers in their communities, WE HUB said in a release. The program will outreach over 6000 students, 4000 students to be sensitized, 1500 to be onboarded onto iLEAP, and 500 to be onboarded to Campuspreneur program.
The iLEAP programs support students in the age of 17-23 years to explore new technology trends and experience advancement in their careers by mastering critical thinking, innovation, and leveraging advanced tools. While this focus on students in rural areas, WE Enable is being implemented for urban students to meet the objective, Ms. Sita explained.
