THE US PROVIDES FUNDING TO WOMEN ENTREPRENEURS
Dr. Jassim Taqui DG Al-Bab Institute for Strategic Studies
Islamabad, 4 November, More than 30
participants from the second Academy for Women Entrepreneurs (AWE) program,
sponsored by the United States, competed for seed funding for their business
start-ups on October 28. A panel of judges, comprised of Pakistani and American
businesswomen, selected the top four proposals after reviewing participants’
business plans and hearing their pitches.
Winners
of the seed-funding competition are:
First
place: Amna Afridi, eco-friendly bamboo toothbrushes
Second:
Nayab Gohar, knitwear and crochet social enterprise
Third:
Khush Bakhat Hussain, a nutritional supplement business
Fourth:
Asia Umar Khan, healthy prepared foods for school lunches
The four
winners will receive $5,500, $4,500, $3,500, and $2,500 respectively to launch
or grow their businesses in Pakistan.
With
mentoring and guidance from established Pakistani entrepreneurs, 80 female
entrepreneurs graduated from the AWE program on September 10. After
completing the AWE training, participants competed for seed funding to
implement what they learned during the course. Deputy Counselor for
Public Diplomacy Jacqueline Deley congratulated the graduates during the
closing ceremony, stating: “Your success is Pakistan’s success, and we are
proud to support you to become Pakistan’s dynamic entrepreneurs, business
leaders, and economic influencers.”
AWE is a
three-month, rigorous course of online study using the DreamBuilder (https://dreambuilder.org)
platform developed by Arizona State University’s Thunderbird School of Global
Management and the American company Freeport McMoran. AWE is designed to
cultivate entrepreneurial know-how, help women entrepreneurs connect with
funding opportunities, enhance opportunities for business expansion, and increase
the likelihood of entrepreneurial success.
Four of
the U.S. Mission’s Lincoln Corners (public event spaces that connect Pakistanis
and Americans) in Multan, Muzaffarabad, Khairpur, and Peshawar hosted the AWE
training for women in their local communities.
The AWE
graduates are now part of the Pakistan-U.S. Alumni Network (PUAN) as well as
the global community of U.S. exchange program alumni. For more
information about AWE, please visit https://eca.state.gov/awe. More information
about Lincoln Corners can be found on our website: https://pk.usembassy.gov/ur/
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