US provides seed funding to Pakistani women entrepreneurs to grow their businesses

Diplomatic CircleUS provides seed funding to Pakistani women entrepreneurs to grow their businesses

ISLAMABAD, Pakistan: 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, 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 business 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.

The 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 US Mission’s Lincoln Corners (public event spaces that connect Pakistanis and Americans) in Multan, Muzaffarabad, Khairpur, and Peshawar hosted the AWE trainings for women in their local communities.

Mati
Mati
Mati-Ullah is the Online Editor For DND. He is the real man to handle the team around the Country and get news from them and provide to you instantly.

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