Dream big with these GOI Schemes for Women Founders

Dream big with these GOI Schemes for Women Founders

Edited By Arushi Pandita | Updated on Mar 27, 2025 12:06 PM IST | #MBA

Indian women are reshaping entrepreneurship with innovative ideas and leadership. The Axis Bank Investment Behaviour Report 2024 shows that women’s ownership of industry assets has increased from 15 percent in March 2017 to 21% in December 2023, highlighting a significant shift towards financial independence among the female population.

Dream big with these GOI Schemes for Women Founders
Dream big with these GOI Schemes for Women Founders

As per an IBEF report, around 20.37 percent of Indian women are into Micro, Small, and Medium Enterprises (MSMEs), contributing over 23.3 percent to the labour force. The Indian government actively supports women entrepreneurs through various schemes, offering mentorship, financial aid, and skill development to help them expand their businesses successfully.

An online MBA degree empowers women to enhance their business education, launch new ventures, and contribute to India’s economy. It enables them to break barriers, drive innovation, and establish businesses that shape various industries. There are also various online degree courses that equip women leaders with the skills to build enterprises and lead industry growth.

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Government of India Schemes For Women Start-Up Founders In India

As per the Department for Promotion of Industry and Internal Trade, Government of India, Indian businesses contribute US$ 700 billion to global GDP by enhancing women's workforce participation. To support women startup founders, the Ministry of Commerce and Industry offers various schemes. The table below highlights these initiatives for women entrepreneurs in India:

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SchemeMinistryDepartmentEligibility CriteriaBenefits

Women Entrepreneurship Platform (WEP)

Niti Aayog

Independent entity

Existing and aspiring women entrepreneurs are eligible to apply

An aggregator platform, helps women entrepreneurs access crucial content, workshops, financial assistance, entrepreneur skilling, mentorships, and marketing assistance.

Mudra Yojana for Women/ Mahila Udhyami Yojana

Ministry of Finance

Department of Financial Services

Women entrepreneurs heading and managing any manufacturing or production business are eligible to apply

Loans up to Rs 10 lakh are provided to women entrepreneurs, without any collateral, and with low interest with flexible repayment tenure.

Mahila Samriddhi Yojana

Ministry of Social Justice and Empowerment

National Scheduled Castes Finance and Development Corporation

Women from backward classes with a family income of less than Rs. 3 lakh per annum.

A microfinance scheme, with financial assistance to the cost of Rs. 1,40,000/- is provided.

Stand-Up India

Small Industries Development Bank of India (SIDBI)

Small Industries Development Bank of India (SIDBI)

- SC/ST and/or women entrepreneurs above 18 years.

- Loans are available only for first-time ventures in manufacturing, services, agri-allied, or trading sectors.

- Non-individual enterprises must have 51% ownership by SC/ST and/or women entrepreneurs.

- Borrowers must have no loan defaults.

Facilitate bank loans between Rs.10 lakh and Rs.1 Crore to at least one Scheduled Caste (SC) or Scheduled Tribe (ST) borrower and at least one woman borrower per bank branch for setting up a greenfield enterprise.

Credit Guarantee Scheme for Micro and Small Enterprises

Ministry of Micro, Small and Medium Enterprises


- New and existing Micro and Small Enterprises engaged in manufacturing or service activity excluding Agriculture, and Self Help Groups (SHGs).

- Activities that come under the service sector as per MSMED Act, 2006 are eligible for coverage under the scheme.

Credit facility upto Rs 5 Lakhs at 1% interest rate is provided to women, micro enterprises and units covered in Northeast region.

Nai Roshni- Scheme for Leadership Development of Minority Women

Ministry of Minority Affairs

-

Women belonging to minority communities/ rural areas

Empowers minority women by providing knowledge, tools and techniques for interacting with Government systems, banks and other institutions at all levels.

Bharatiya Mahila Bank Business Loan

Ministry of Finance

-

- Minimum 2 years of work experience (in case of self-employed), minimum of 2 years of business continuity

- Minimum age of 21 years and maximum age for 60 years (loan completion age)

- Minimum take-home income of Rs. 25000/- per month

Helps women entrepreneurs access loans with the concession of 0.25% in interest rate.

Support to Training and Employment Programme for Women

Ministry of Women and Child Development

-

- Women aged 16 years and above across the country

The scheme provides competencies and skills that enable women to become self-employed/entrepreneurs.

Women Scientists Scheme

Ministry of Science and Technology

Department of Science and Technology

- Encourages women in S&T with career breaks to re-enter the profession.

- Qualifications: Minimum PG (M.Sc./B.Tech./MBBS) or equivalent; M.Phil/M.Tech/M.Pharm/M.VSc; Ph.D. in Basic/Applied Sciences.

- Age: 27-57 years; 5-year relaxation for SC/ST/OBC/physically challenged with proof.

- Women Scientist Scheme -B (WOS-B): S&T interventions for societal benefit.

- Women Scientist Scheme-C (WOS-C): Internship in Intellectual Property Rights for self-employment.

- Research grant (under WOS-A & WOS-B) for up to 3 years covering fellowship, equipment, travel, and consumables.

Mahila Shakti Kendra

Ministry of Women and Child Development

-

Rural women

A centrally sponsored scheme that empowers women through training and capacity building.


Also Read: Is an Online MBA the Shortcut to Executive Success? Find Out Now!

How Online MBA Empower Women Entrepreneurs Shape the Indian Economy?

An Online MBA is a powerful tool for women entrepreneurs who seek to build, manage, and scale their ventures. With over 78 universities in India offering online MBA courses, aspiring women entrepreneurs can pursue top online MBA specialisations in 2025 to gain greater expertise in designated management fields such as entrepreneurship, finance, marketing, and human resources.

With practical insights, and quality management education provided by these online MBA colleges in India, equipping women with the skills needed to innovate, secure funding, and implement growth strategies within their own ventures. This educational exposure helps women entrepreneurs overcome market challenges and expand their businesses.

As per a report by Bain & Company, women-owned enterprises have increased from 14% to 20%, which highlights the importance of management education in empowering women entrepreneurs with essential skills, strategic knowledge, and leadership capabilities to drive business growth and success.

Government-backed schemes empower women entrepreneurs in India to transform their vision into an established business. Moreover, educational opportunities such as an online MBA help women gain essential skillsets with management knowledge, encouraging them to dream big while also contributing to the country's overall development.

Frequently Asked Questions (FAQs)

1. How do these GOI schemes help empower women entrepreneurs?

GOI schemes empower women entrepreneurs by providing financial support, mentorship, and skill development, enabling them to manage successful businesses effectively.

2. Can an Online MBA improve business growth for women founders?

Yes, an Online MBA enhances decision-making, financial and marketing skills, enabling women founders to develop innovative strategies and expand their businesses effectively.

3. Can women entrepreneurs apply for multiple GOI schemes?

Women entrepreneurs can explore multiple GOI schemes based on their business requirements, including financial support, mentorship, and training resources.

4. Is an Online MBA flexible for working women entrepreneurs?

Yes, online MBA programmes offer flexible learning schedules, enabling women entrepreneurs to manage their business responsibilities alongside pursuing higher education.

5. How can women entrepreneurs apply for these GOI schemes?

Women entrepreneurs can visit the portals of these GOI initiatives, such as WEP, and Stand-Up India, for online registration and detailed application guidelines.

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Questions related to MBA

Have a question related to MBA ?

Hello Chestha,

you can pursue an online MBA in Pharmaceutical management from top institutes like NMIMS, DY Patil University, and Manipal University. entrance exams like CAT, MAT, XAT, or university- specific tests are accepted. some online programs may offer direct admission based on your B.Pharm marks and work experience.

Hello Ravi,

With your MBA in Finance and BCA degree, transitioning into data analytics is a great option. Here's how:

  1. Skill Building : Learn Python or R , SQL , and tools like Power BI or Tableau . Brush up on statistics and data interpretation.

  2. Certifications : Consider certifications like Google Data Analytics or Microsoft Certified: Data Analyst .

  3. Job Roles : Look for roles like Data Analyst , Business Intelligence Analyst , or Financial Analyst (with data focus) .

    Other Career Options:

  • Financial Analyst or Risk Analyst : Analyzing financial data and trends.

  • Business Intelligence (BI) Analyst : Using data to drive business decisions.

  • FinTech : Work in digital payments, blockchain, or cryptocurrency.

  • Consulting : Advising businesses on financial and strategic decisions.

Enhancing your technical skills will help you pivot into data analytics, or you can explore fields like BI or FinTech with your current qualifications.


I hope this answer helps you. If you have more queries, then feel free to share your questions with us, we will be happy to assist you.

Thank you, and I wish you all the best in your bright future.

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Hi aspirant,

1. The cost of an MBA course in India can range from INR 1.5 lakh to INR 30 lakh and more, depending on the college and program type.

2. Additionally, depending on the program and college, the deadlines for MBA admissions vary, with some extending them to June and others having them due in April.

https://bschool.careers360.com/articles/mba-fee-know-how-much-your-mba-will-cost-in-top-b-schools

Kindly refer to this link for more information on the same.

All the best!

MBA course fees in India vary widely, ranging from INR 3 lakh to over INR 30 lakh depending on the college and program. The last date for admission varies by institution, with some IIMs closing applications around May 2025, while other institutions may have deadlines as early as January 31, 2025.

Fee Structure:

IIMs (Indian Institutes of Management): INR 17 lakh to INR 34 lakh.

Private Universities: Up to INR 34.60 lakh.

Government/State Colleges: INR 2,600 to INR 8.6 lakh.

Distance/Online MBA Programs: INR 15,500 to INR 55,000 per semester.

Last Date for Admission:

IIMs: Tentatively around May 2025.

Other Top B-Schools: Some close applications by January 31, 2025.

Specific Institutions: You'll need to check the websites of specific colleges you are interested in for their exact deadlines.

Example:

IIM Ahmedabad: MBA fees can be around INR 26.5 lakh.

IIM Bangalore: MBA fees can be around INR 26 lakh.

IIM Calcutta: MBA fees can be around INR 27 lakh.

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