WE Hub will be helping women entrepreneurs with a revolving fund for women-led businesses incubated at We Hub.
WE Hub is India's first state-led incubator to foster and promote women entrepreneurship with a vision to help enable women-led business by empowering them financially amidst the COVID-19 pandemic and economic repercussions.
With global market access, WE Hub assists women to start-up, scale-up and accelerate.
A Murali Krishna Reddy, Chairman of MAK Group of Companies, supported the mission of WE HUB to help women entrepreneurs.
Five entrepreneurs incubated at WE Hub from nutraceuticals, manufacturing, and food processing sectors received the first tranche of the findings. They were shortlisted from 30 others.
Businesses are shortlisted based on factors such as;
WE Hub will work as a catalyst for women-led small and medium businesses (SMBs) with the financial backup.
Deepthi Ravula, the CEO, WE Hub, said that during this COVID-19 pandemic and economic downfall, WE Hub had been exploring new ways to support and sustain the businesses of the startups.