Fledgeling women entrepreneurs who would join the WE HUB accelerator would get mentorship and handholding from top-notch organisations in the country. The IIM Calcutta, one of the oldest management schools in the country, will mentor fledgeling women entrepreneurs who are part of the newly launched exclusive accelerator launched by WE HUB, a Telangana-promoted exclusive incubator for women.

The institute would offer deep insights and guidance to enhance business performance.

While the National Stock Exchange agreed to provide financial literacy, the Hyderabad Software Enterprises Association (HYSEA) would facilitate market access for products by connecting women entrepreneurs with its vast corporate membership network.

While Ag Hub would support women entrepreneurs in agri-businesses, particularly in millet-based food-processing ventures, HP Packaging would provide packaging, printing and branding solutions to help women-led enterprises enhance product quality and market appeal.

Sita Pallacholla, CEO of WE Hub Foundation, said that as many as 140 women-led MSMEs would receive acceleration support under the accelerator programme, which was launched by Chief Minister A Revanth Reddy on Saturday.

WE HUB signed 17 memoranda of understanding (MoUs) with organisations like National Stock Exchange, Hyderabad Software Enterprises  Association (HYSEA), IIM Calcutta, Ag Hub, RGKUT Basara, NIFT and HP.

Solar power

After giving women self-help groups (SHGs) the mandate to generate 1,000 MW solar power, the Telangana government is planning to give them another 1,000 MW.

Addressing a gathering after inaugurating the Women Acceleration and Grassroot Youth Innovation Programme of WE HUB, Telangana’s Chief Minister A Revanth Reddy said that the State requires 10,000 MW and the government would like to give the women SHGs an opportunity to produce 1,000 MW solar power.

Stating that the government spent ₹5,200 crore so far for the free bus service for women in the State-run buses, he wanted the women entrepreneurs to come forward to own buses and give them to the road transportation corporation on hire.

“The corporation takes a huge number of buses on hire to augment its fleet. You (women) can tap this opportunity,” he said.

He said women were good managers of finances. “Women received financial support worth ₹21,000 crore from SERP (Society for Elimination of Rural Poverty) and MEMPA (Mission for Elimination of Poverty in Municipal Areas). They repaid all of it with interest,” he said.

Sanjay Kumar, Special Chief Secretary, Information Technology Department, said that Mini WE HUBs would be launched in rural areas. He said 10 per cent of plots in all the five upcoming MSME (micro, small and medium enterprises) parks for women entrepreneurs.

Published on May 17, 2025