Maharashtra, February 6, 2024: Global Alliance for Mass Entrepreneurship (GAME) and Mahila Arthik Vikas Mahamandal (MAVIM) have announced a strategic collaboration aimed at fostering women’s entrepreneurship in Maharashtra. This partnership, under the Maharashtra State Entrepreneurship Mission (MSEM), is designed to enhance the regional entrepreneurial ecosystems of the state, with a particular focus on empowering women entrepreneurship relations. Pilot districts selected for initial interventions include Thane, Nagpur, Ahmednagar, Amravati, Chandrapur, and Jalgaon.
GAME and MAVIM Unite to Boost Women’s Entrepreneurships in Maharashtra
The collaboration between GAME and MAVIM involves the signing of a Memorandum of Understanding (MoU) to facilitate targeted initiatives and programs for the growth and support of women entrepreneurs in Maharashtra.
Key areas of focus within this partnership include promoting green entrepreneurship, improving access to credit, and facilitating market access through digital platforms. Additionally, the partnership aligns with the broader goals of the Maharashtra State Entrepreneurship Mission (MSEM), which includes involvement from partners such as the Small Industries Development Bank of India (SIDBI), Amazon Saheli, and the SELCO Foundation.
MAVIM’s Role in Empowering Women Entrepreneurship
Mahila Arthik Vikas Mahamandal (MAVIM) brings to the partnership its extensive experience and infrastructure in supporting women entrepreneurs in Maharashtra. With a self-help group (SHG) movement that covers over 20 lakh women through a network of 259 community-managed resource centers (CMRCs), MAVIM has been recognized both nationally and internationally for its efforts.
Ms. Maya Patole, Managing Director of MAVIM, emphasizes the partnership’s commitment to conducting baseline surveys, gap analysis, and program development to enhance mentorship and financial linkages for women entrepreneurship.
GAME’s Vision for Mass Entrepreneurship in India
Global Alliance for Mass Entrepreneurship (GAME) is a pioneering organization dedicated to unlocking the potential of mass entrepreneurship in India. Founded in 2018 by Ravi Venkatesan, Madan Padaki, and Mekin Maheshwari, GAME serves as a catalyst for addressing systemic challenges to job creation in the country.
The collaboration with MAVIM is in line with GAME’s broader mission to inspire an entrepreneurial movement across India, aiming to create 50 million new jobs by 2030, with a significant emphasis on ensuring that women own 25% of businesses.
Objectives of the GAME-MAVIM Collaboration
The partnership between GAME and MAVIM has set forth several objectives aimed at empowering women entrepreneurs in Maharashtra. These include providing them with greater access to finance, mentorship, and support in navigating regulatory frameworks.
Additionally, the partnership seeks to promote green entrepreneurship and sustainability within the micro, small, and medium enterprises (MSME) sector. By enhancing women’s participation in the economy, the collaboration aims to drive economic growth and empowerment at both the state and national levels.
From Vision to Action: Focus Areas in Maharashtra’s Entrepreneurship Landscape
Within the scope of the Maharashtra State Entrepreneurship Mission (MSEM), the partnership will initially focus its efforts on the six pilot districts of Thane, Nagpur, Ahmednagar, Amravati, Chandrapur, and Jalgaon. Activities planned under this initiative include conducting baseline surveys, gap analysis, program development, mentorship initiatives, and facilitating financial linkages for women entrepreneurs within these districts.
The Impact of GAME and MAVIM’s Partnership
The partnership between GAME and MAVIM represents a significant step towards empowering women entrepreneurs in Maharashtra. By leveraging their respective expertise and resources, the collaboration aims to create a supportive ecosystem where women can thrive as entrepreneurs.
Through targeted initiatives and partnerships, the goal is to not only promote economic growth but also foster greater gender equality and social empowerment within the state. This partnership underscores a shared commitment to driving sustainable development and inclusive growth in Maharashtra and beyond.