According to data from Tracxn, the bulk of founders in India’s unicorns are adult men. Additionally, only about 13 % of the present tech unicorns in India have female co-founders. The world’s 3rd-greatest startup ecosystem has been churning out tech unicorns at a quicker pace than prior to, but like the tech sector, it is heavily skewed in direction of men.
Developing a effective company needs much more women business people as it delivers in diverse views and problems to the table. To that close, Qualcomm Included India and Qualcomm Ventures launched the Qualcomm Ladies Business people India Network (QWEIN) in July 2020 in the deep tech area.
The software has increased visibility for women of all ages-led startups which has served them get grants from governing administration and top universities, and has been highlighted in many state govt partnerships. They have with each other submitted six patents till now and have yet another 10+ patents in the pipeline.
In 2020, 14 early-stage gals-led startups graduated from the initially cohort of QWEIN 一 Ashva Wearable, DeAzzle Products and services, Whizrobo, Enlite Research, KiksAR, Renkube, Bitvivid Remedies, PureScan AI, Truckhall, Curapy Wellness, Track Your Metrics, VRRSP (InterviewAir), Inochi Treatment, Dropledge and GramworkX Agro-Tech.
Putting the spotlight on women business owners in India
With the belief that corporates will need to do extra for the startup ecosystem, Qualcomm is hosting the 2nd edition of QWEIN, which will aim to encourage a lot more ladies business people to construct scalable organisations. The programme spans above six months and looks to include numerous regions of have to have and desire.
Talking about their vision for the 2021 edition, Swapna Gupta, Director of Qualcomm Ventures suggests, “The driving power powering QWEIN is to assistance groundbreaking, modern startups in India, no matter of the gender of their founders, and ensuring that woman founders are empowered sufficient to switch their terrific concepts into successful companies with very long-term potential. Our goal for QWEIN 2. is two-fold. We attempt to elevate STEM female founders and next, hope to increase recognition on the require for extra female representation in the tech startup scene outside of India’s borders.”
Who can implement?
Early-stage, Deep tech, gals-founded startups from any vertical, which includes XR, IoT, MedTech, CleanTech, AgriTech, and logistics, among others are eligible to implement for the programme.
What do startups get?
● Access to 1:1 periods with Qualcomm senior leaders for devoted mentorship
● Show up at masterclasses on mental property approaches, solution management fundraising, product sales, advertising, finance leadership, organisation scaling, IT, amongst other places of knowledge
● Be a part of networking and personal improvement periods on leadership, starting up up, constructing routines, pitfalls to prevent in fundraising, attracting traders, running progress and navigating change
● Showcase alternatives with Demo Day and Qbuzz to attract financial commitment alternatives
● Get considerable protection in leading media residences on their startup journey and eyesight for the upcoming
● Access to different Qualcomm technologies
● Get challenged by mock pitches, presentations and peer learning, to support sharpen your providing and messaging
Timeline of situations for QWEIN 2021
● Purposes open – Could 19th
● QWEIN info sessions – May 19th to June 14th
● Application shut – June 14th
● Cohort announcement – June 24th
● Cohort goes live – July
● Cohort graduation (Demo Day) – December
In 2020, the Demo Working day noticed participation from a significant variety of attendees, which includes early-stage accelerators and VC corporations. At the end of the cohort, women business people graduated with refined abilities, a strong network, organization prospects, and a skill established that would allow them to scale their enterprises. This year, you can knowledge it way too.
Go in advance and sign up for QWEIN 2021. The past day to use is June 14, 2021.