- Launch Announcement at the Global Entrepreneurship Summit, GES 2017, Hyderabad
- Single window solution for the entrepreneur looking to grow
locally and/or globally – providing all necessary resources, guidance.
- First-in-world initiative with global operations in Asia, Africa
and Latin America
Wednesday, November 29, 2017: Wadhwani Foundation’s flagship initiative, the National Entrepreneurship Network (NEN) today announced the launch of India’s first-ever Global Network for Entrepreneurs at the Global Entrepreneurship Summit, GES 2017 in Hyderabad International Convention Centre. Dr Ajay Kela, President & CEO, Wadhwani Foundation made the announcement.
Entrepreneurs are not born and paths to success in entrepreneurship are not necessarily akin. What makes a critical difference in the entrepreneurial journey is the expert guidance, support, and inspiration to avoid pitfalls and enable the elusive quantum leap. With an aim to accelerate the entrepreneurial journey, the ‘Wadhwani Global Network for Entrepreneurs’ is unique in a two-fold manner. Firstly, its support mechanism covers the different stages of entrepreneurship from early growth to growth stage entrepreneurs to SMEs and secondly, it has customized offerings for various levels of the entrepreneurial journey.
The ‘Wadhwani Global Network for Entrepreneurs’ is supporting aspiring entrepreneurs, early and growth stage entrepreneurs, and SMEs with Accelerator & Scalerator programs, curated mentors, advisors & consultants, trusted service providers and investors through the mobile apps and a dedicated site www.wfnen.org.
Wadhwani Foundation has nurtured entrepreneurship in colleges in India for 14 years through student courses and launched hundreds of entrepreneurship clubs in campuses. This program inspires students and student outliers by providing facilitated learning through www.wfnen.org and LearnWISE platform. From short videos, blogs to events, webinars, bootcamps and case studies, there’s plenty for student entrepreneurs keen on arming themselves with formidable skills required for business success.
Says Dr Ajay Kela, President & CEO, Wadhwani Foundation, “We are very excited to roll-out the Wadhwani Global Network for Entrepreneurs. This is a one-stop shop for the entrepreneur looking to grow locally and/or globally – providing all necessary resources, guidance, facilitated technology-led learning and networking opportunities for aspiring entrepreneurs and startups to succeed, where the failure rates are abnormally high. This is a first-in-world initiative with global operations in Asia, Africa and Latin America. I foresee this as playing a major role in fulfilling the Wadhwani Foundation’s efforts towards high-value job creation, globally.”
The long-term goal of the Wadhwani Foundation is to help establish vibrant entrepreneur ecosystems in 100 cities around the world to alleviate the global youth unemployment problem. The ‘Wadhwani
Global Network for Entrepreneurs’ will not only act as a fulcrum to inculcate a culture of entrepreneurship at a time when the best and the brightest are avidly looking at entrepreneurship as their first and preferred career choice, but will also provide the necessary knowledge and networking resources to the startup ecosystem – so dearly required.
Wadhwani Foundation was founded in 2000 by Dr Romesh Wadhwani with the primary mission of accelerating economic development in emerging economies through large-scale job creation. The Foundation is present in India, Indonesia, Malaysia, Philippines, East Africa and Latin America operating in association with governments, corporates, mentors, investors and educational institutes. Its four Initiatives are driving job creation through entrepreneurship, skills development and innovation.
National Entrepreneurship Network (NEN) inspires, educates, and supports student entrepreneurs, startups, and SMEs for creating high-value jobs. NEN has also ventured into creating city-based entrepreneurial ecosystems consisting of mentors, investors, and incubators supporting startups and SMEs.
Global Innovation Network (GIN) aims to create world-class research institutes addressing challenges in emerging economies that also lead to the creation of global organizations.
Global Skills Network (GSN) aims to equip non-college-bound high school graduates with sufficient work-skills to command family-supporting wages.
Policy Research Network (PRN) provides data-driven research inputs for informed policy action focused on innovation, entrepreneurship, skills development and employment aimed at accelerating economic growth.