COWE Signs BMO Agreement with SIDBI for Pan-India Rollout
Hyderabad: The Confederation of Women Entrepreneurs of India (COWE) has signed an agreement with the Small Industries Development Bank of India (SIDBI), becoming a recognized Business Membership Organization (BMO) for a pan-India rollout. The initiative aims to empower women-led MSMEs, with a strong focus on the manufacturing sector.
A BMO agreement with SIDBI involves 3 collaboration between industry associations (BMOs) and SIDBI to facilitate access to credit and other financial services for MSMEs (Micro, Small and Medium Enterprises) through referral arrangements.
The Small Industries Development Bank of India (SIDBI), established under an Act of the Indian Parliament, acts as the Principal Financial Institution for the Promotion, Financing, and Development of the Micro, Small, and Medium Enterprise (MSME) sector, as well as for the coordination of functions of institutions engaged in similar activities. COWE is a homegrown body of women entrepreneurs that has spread its footprint across India. It is probably the only Hyderabad-based Women Entrepreneurs trade body expanded across India.
The agreement was signed by Ms. Sandhya Reddy, Founder Director, COWE, and Mr. Chandramouli, General Manager, SIDBI. The program will launch immediately in Telangana and Andhra Pradesh, offering financial access, capacity building, and market linkages, COWE disclosed in a press note issued in the city today.
“This partnership reflects SIDBI’s commitment to inclusive, balanced growth,” said Mr. Prakash Kumar, Deputy Managing Director, SIDBI.
Ms. Shylaja Reddy, Chairperson, COWE, added, “This collaboration will unlock new opportunities for women-led enterprises.”
The signing was attended by Mr. Pavan Kumar, Executive Director, TGIIC, and saw participation from COWE’s board Members, Ms Uma Gurkha, Ms Madhu Tyagi, and Chapter Presidents, Ms Kalpana Rao. Telangana and Ms Geetha Srikanth, Andhra Pradesh and CEO Ms Usha Paliath. The program will expand to other states in phases.
Next Story:
Security And Stability For The World With India: Stated By President Of European Commission
![Security And Stability For The World With India: Stated By President Of European Commission]()
Delhi/Hyderabad, Jan 26 (Maxim News): European Commission President Ursula von der Leyen attended the 77th Republic Day celebrations of India as the chief guest. She participated in the celebrations along with President Murmu and Prime Minister Modi.
From Now On, Only Hindus Will Be Allowed To Enter Badrinath-Kedarnath Temples
![From Now On, Only Hindus Will Be Allowed To Enter Badrinath-Kedarnath Temples]()
Badrinath-Kedarnath/Hyderabad, Jan 26 (Maxim News): Only Hindus will be allowed to enter the famous pilgrimage sites of Badrinath and Kedarnath temples in North India. The Badrinath-Kedarnath Temple Committee has proposed to ban the entry of non-Hindus into these temples. These proposals will be approved in the upcoming meeting of the temple committee board.
Republic Day Messages From President Draupadi Murmu And PM Modi
![Republic Day Messages From President Draupadi Murmu And PM Modi]()
Delhi/Hyderabad, Jan 26 (Maxim News): President Draupadi Murmu has greeted the people of the country on the occasion of India’s 77th Republic Day. She has sent a message to the people of the country on social media platform X. ‘I extend my heartfelt greetings to all of you. I firmly believe that your life will…
Explosives Seized Before Republic Day In Rajasthan
![Explosives Seized Before Republic Day In Rajasthan]()
Police in Rajasthan seized a massive quantity of explosives ahead of Republic Day, raising serious security concerns. The seizure took place in Nagaur district, where officers recovered nearly ten thousand kilos of ammonium nitrate from a field. The action followed a specific tip off and led to the arrest of one person. Authorities said the…
Congress Looting Country For 60 years: Ramachandra Rao
![Congress Looting Country For 60 years: Ramachandra Rao]()
Telangana BJP chief Ramachandra Rao accused the Congress of looting the country for 60 years and opposing schemes that benefit the poor.
Now you can get the latest stories from Indtoday on Telegram every day. Click the link to subscribe. Click to follow Indtoday’s Facebook page, Twitter, and Instagram. For all the latest Hyderabad News updates
