2.1.6 Empowering Odisha: Fostering Women’s Entrepreneurship for Sustainable Growth and Innovation
Shiv Sankar Das,
School of Management, Centurion University of Technology and Management, Odisha
KVD Prakash,
School of Management, Centurion University of Technology and Management, Odisha
Rupsa Mahapatra,
Department of Commerce, MPC Autonomous College, Takhatpur, Baripada, Odisha
DoI: CJBES/ Vol.2.1/ June-2025…
Abstract:
In an era marked by dynamic economic shifts and an evolving societal landscape, the role of women in entrepreneurship has gained increasing prominence. This paper explores a comprehensive framework designed to empower and nurture women entrepreneurs within an ecosystem that fosters their growth and success. The Women Entrepreneurs Ecosystem Framework presented herein is a holistic approach that encompasses various elements critical to women’s entrepreneurial development. It includes educational and skill-building initiatives tailored to their needs, financial inclusion mechanisms to facilitate access to capital, and supportive policies that address gender disparities and promote equal opportunities. Access to markets is another cornerstone of this framework, enabling women entrepreneurs to reach broader audiences and achieve sustainable business growth. Additionally, incubation and acceleration programs offer essential support, providing resources, mentorship, and access to funding. The present paper consists of three major sections. First section focuses on women entrepreneurship followed by the role of mission shakti in women entrepreneurship in Odisha. Second section emphasis on the framework for achieving sustainable women entrepreneurial growth in Odisha and major schemes with strength and weakness for each scheme related to entrepreneurial growth for women in India and the last section emphasises on the two case study related to two rural women entrepreneurs from Balasore District of Odisha, India.
Keywords:
Women, Entrepreneurship, Women Entrepreneurs, Skill