Swavalambini Scheme

Swavalambini Scheme Latest News

Recently, the Minister of State (Independent Charge), Ministry of Skill Development and Entrepreneurship informed the Lok Sabha about the Swavalambini Scheme.

About Swavalambini Scheme

• It is a woman Entrepreneurship Programme which empowers young women with the skills and confidence needed to establish their own businesses. 
• It introduces a structured, multi-stage training approach to help young women transition from ideation to successful enterprise creation.
• It aims to cultivate an entrepreneurial mindset among female students, equipping them with awareness of available support mechanisms, schemes, resources and networks essential for pursuing entrepreneurship as a career.
• It is implemented through National Institute for Entrepreneurship and Small Business Development (NIESBUD), Noida and Indian Institute of Entrepreneurship (IIE), Guwahati.
• Programme Structure

• • Target group: 1200 female students from Higher Educational Institutes (HEIs) and Universities
  • Entrepreneurship Awareness Programme (EAP): The female students undergo an introductory programme on entrepreneurial awareness through an entrepreneurial awareness programme.
  • Entrepreneurship Development Programme (EDP): Out of these 1200, 600 undergo this programme which covers business aspects like skilling, finance, market linkages, compliance, and networking
  • This is followed by 21 weeks of mentorship and handholding support to help participants translate their ideas into sustainable enterprises.
• Support: MSDE will oversee the execution, supervision, and monitoring of the programme. NITI Aayog will provide mentoring support, facilitate seed funding, and recognize successful entrepreneurs through the Award To Reward (ATR) initiative.

Source: PIB

‹ ›