Nagaland indicators MoU to spice up ladies entrepreneurship

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Kohima: The Nagaland Investment and Development Authority (IDAN) signed a Memorandum of Understanding (MoU) with the German Society for International Cooperation (GIZ) and Dhriiti-The Courage Within on Friday to strengthen and develop the ecosystem of women’s entrepreneurship to promote in the state.

The tripartite MoU was signed by Alemtemshi Jamir, CEO, IDAN, Country Director at GIZ Julie Reviere, Dhriiti co-founder Anirban Gupta, and GIZ technical advisor Ullas Marar in the IDAN office in Kohima after a virtual interaction. The partnership came into effect on Friday and will last until July 31, 2022.

The Investment Development Authority of Nagaland is an investment promotion and facilitation agency created by Cabinet Resolution in June 2018 to explore, promote, and facilitate all possible investment opportunities in the state.

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Under the agreement, joint initiatives will be taken to strengthen the entrepreneurial ecosystem for women in Nagaland along with stakeholders that would impact policy, capacity building and accessibility for women entrepreneurs in the state.

Before signing, Jamir said the partnership covers a “major social problem” facing the state. While women in traditional Naga society had quite a position in business, he said that women in Nagaland were “easily astray” with the modern definition of business and entrepreneurship.

Jamir hoped the partnership will help raise women’s attitudes and empower women entrepreneurs in the state.

Anirban Gupta, co-founder of Dhriiti, shared at the virtual meeting how women in Nagaland were “very strong” and resilient despite the various challenges in society. In building the ecosystem for women entrepreneurs, Gupta also called for the need to strengthen the identity of women entrepreneurs in the state.

Through the partnership, he expressed his wish that women would become torchbearers and guardians of the state economy in a few years.

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It was announced that GIZ and Dhriiti-The Courage Within are working together as part of the Her & Now project to support women entrepreneurs from the northeast region through a structured incubation and acceleration program.

According to Julia Karst, head of the Her & Now project, GIZ, the program has so far supported more than 2,500 women entrepreneurs in the region, including 50 women entrepreneurs from the state of Nagaland.

Taking a sector-independent approach, the MoU will support women entrepreneurs, including those who may be in their early stages or those who are stagnating. An important factor, however, is the company’s scalability, said Ullas Marar, technical advisor at GIZ.

The German Society for International Cooperation (GIZ) GmbH carries out the project “Economic Empowerment of Women Entrepreneurs and Start-ups by Women” on behalf of the Federal Ministry for Economic Cooperation and Development (BMZ) and in partnership with the Ministry for Skilled Worker Development and Entrepreneurship ( MSDE), Government of India.

Under the name Her & Now, the project aims to create a more favorable environment for women-run companies in India.

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Dhriiti-The Courage Within is a non-profit organization committed to promoting entrepreneurship across the country. Dhriiti’s core work is aimed at shaping companies run by women.

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