WE HUB paving the way for Women entrepreneurs in Telangana

WE HUB, a Government of Telangana initiative is strongly promoting women entrepreneurship in the state. We HUB today has awarded loan sanction letters for 16 Women entrepreneurs for amounts ranging from Rs. 3 lakhs to 2 crores in the presence of Minister Mr. K T Rama Rao at Pragathi Bhavan today.

For the loan facilitation, WE HUB worked closely with MSME-DI and SBI SME for operationalizing funds under the MUDRA, Stand up India and CGTMSE Schemes.

According to the Women Entrepreneurs, WE Hub paved the way for their entrepreneurial ambitions by facilitating main-stream credit linkages.

Minister KT Rama Rao interacted with the Entrepreneurs and asked about their experience working with WE HUB and how it has enabled them. The entrepreneurs spoke about their journey, the assistance and guidance received from WE HUB towards creating project proposals, understanding financial modeling and how the financial impetus received through WE HUB will enable them to scale up faster.

The Sanction letters were awarded by Minister, Mr. K T Rama Rao, Mr. Jayesh Ranjan, Principal Secretary to the Government , IT E &C., Ms. Deepthi Ravula, CEO, WE Hub. Officials including Mr. Chandra Shekar , Additional Industrial Advisor, MSME DI, GoI and from the State Bank of India participated in the event

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