Karnataka has launched the "Xcelerator Bangalore Initiative" to support women-owned micro-enterprises. 

 

 

♦ On March 8, 2021, the state submitted its budget for the year 2021-2021, which included 371.88 billion rupees for women`s services. Similarly, the government has taken steps to promote small-scale or micro-entrepreneurs, workers, professional women, and rural self-help groups, such as the well-known "Promotion of Women" scheme.

♦ "Xcelerator Bangalore" is a six-month accelerator programme that has been meticulously developed. It aims to provide assistance to women in order to help them grow their microbusinesses. The UBUNTU Association of Women Entrepreneurs Consortium, the Global Alliance of Large Entrepreneurs (GAME), and the Karnataka Federation of Industry and Commerce are collaborating on this initiative (FKCCI).

♦ Xcelerator Bangalore aims to connect and develop 50,000 women-led businesses. It was co-designed and co-created with the Women Entrepreneur Development Organization`s professionals, successful entrepreneurs, and academics. It was created and implemented in collaboration with the Karnataka Association of Women Entrepreneurs (AWAKE), which has a 37-year history and is dedicated to empowering women.

 

 

♦ On May 8, 1916, Sir Bharat Ratna Sir M. Visvesvaraya, an engineering genius and politician, established the Mysore Chamber of Commerce. Great institution builders and visionaries. Until 1920, Ross was the first chairman of the Chamber of Commerce. The Karnataka Federation of Industry and Trade was later called the chamber of commerce (FKCCI). It is the highest level of trade organisation.