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UNDP ties up with DAY to aid women entrepreneurs

by Blitz India Media
June 21, 2023
in News
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NEW DELHI: The United Nations Development Programme (UNDP) and the Deendayal Antyodaya Yojana-National Urban Livelihoods Mission (DAY-NULM) entered into a partnership aimed at empowering women to make well-informed career choices in the field of entrepreneurship.

The partnership signed on June 21, will provide support for women looking to start and expanding their own enterprises, particularly in sectors such as care economy, digital economy, electric mobility, waste management, food packaging and more. Focused on fostering entrepreneurship development and accelerating enterprise growth, the three-year project, extendable beyond 2025, will cover eight cities in the initial phase.

Speaking on the occasion , Rahul Kapoor, Joint Secretary and Mission Director, DAY-NULM said, “DAY-NULM has a very important objective of empowering urban communities. We are hopeful that through this partnership with UNDP, we will be able to make our interventions more effective and impactful under the Mission.”

UNDP and DAY-NULM will jointly engage in on-ground mobilization activities that involve identifying pockets of urban poverty and potential entrepreneurs, as well as facilitating access to Business Development Services. Handholding support will be provided to the cohort to formalize their businesses, establish bank linkages, secure access to finance and markets.

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