Maharashtra, 07th February, 2024: Global Alliance for Mass Entrepreneurship (GAME) and Mahila Arthik Vikas Mahamandal (MAVIM) today announced that both parties have entered into an MoU to work together on specific initiatives, interventions, and programs for the facilitation and growth of women entrepreneurs in Maharashtra, under the Maharashtra State Entrepreneurship Mission (MSEM).
MAVIM’s self-help group (SHG) movement today covers more than 20 lakh women in Maharashtra, through a network of 259 community-managed resource centres (CMRCs). It has been recognised by the International Labour Organisation, and is the State Women’s Development Corporation of the State Government of Maharashtra.
Speaking of the collaboration, Mr. Ketul Acharya, President, Global Alliance for Mass Entrepreneurship (GAME), said, “We are delighted to collaborate with MAVIM in alliance with Maharashtra State Entrepreneurship Mission. This partnership aims to empower women entrepreneurs, with a special emphasis on green entrepreneurship, access to credit and access to market through digital platforms. This collaboration will further boost efforts to enhance women’s participation in the economy of Maharashtra and India and will have a significant impact on fostering economic growth and empowerment.”
Under the ambit of the MSEM, partners who have come together to work on this goal include Small Industries Development Bank of India (SIDBI) on the NBFC accelerator program, Amazon Saheli on the Women Economic Empowerment program, and the SELCO Foundation on green entrepreneurship.
Ms. Maya Patole, MD, Mahila Arthik Vikas Mahamandal (MAVIM), shared, “Our work across the state of Maharashtra has already become a model for several other states nationally. With GAME, our work will extend across baseline surveys, gap analysis, program development, and execution, across mentorship, financial linkages and more. Whether it is access to finance, regulatory understanding and compliance, or bringing renewable energy to the nation’s MSME base, we intend for this partnership to provide all of these to the women’s economy of the state of Maharashtra”.
Under the scope of the Maharashtra State Entrepreneurship Mission (MSEM), the partnership will focus on the six districts of Thane, Nagpur, Ahmednagar, Amravati, Chandrapur, Jalgaon, to begin with.