Qualcomm India Joins WEP To Empower 8 Women-Led Startups

New Delhi: Qualcomm India on Monday announced a collaboration with Women Entrepreneurship Platform (WEP) to support 8 selected women founded technology startups in the country.

Under the initiative, the third group of selected startups will get the benefit of masterclasses on Intellectual Property (IP), marketing and more, along with mentoring and insights from industry leaders.

Launched in 2020, the ‘Qualcomm Women Entrepreneurs India Network’ has empowered 25 early-stage women-led startups in the last two years.

“Women-led organizations often bring a fresh approach to innovative problem solving to not only build profitable businesses but also provide social good,” said Varsha Tagare, Senior Director, Ventures, Qualcomm Technologies.

The program aims to support the entrepreneurial endeavors of women innovators in Science, Technology, Engineering and Mathematics (STEM).

The initiative goes beyond mere lessons and provides in-depth exposure to high-calibre, industry-experienced mentors and experts.

The third cohort will get increased visibility among the startup ecosystem through curated demo days and an opportunity to connect with various government bodies and network with industry leaders, VCs, investors, industry associations and other accelerators.

Anna Roy, Senior Advisor, NITI Aayog said, “Startups are critical value creators for the economy, driving India’s innovation goals. Women can play a much bigger role in India’s startup story than is currently believed.”

WEP was incubated at NITI Aayog and is currently being operated as a public-private partnership initiative with an independent governance structure.