Meta, under its #SheMeansBusiness program has partnered with FICCI’s ‘Empowering the Greater 50%’ to enable and support 5 lakh women-led small businesses across India. The announcement was made during Meta’s inaugural National Women Entrepreneurship Summit to encourage industry dialogue and steps to support the MSMEs across sectors.
Access to capital and relevant digital tools remain the leading issues faced by women led businesses. Out of over 63 million small businesses in India, approximately 20% are owned by women highlighting the need to bring more gender equality. Together with FICCI, Meta will address the barrier to access right digital tools and resources by offering easy access to tools, programs and resources by Meta to women entrepreneurs in India. Speaking on the occasion, Shri Narayan Rane, Hon’ble Union Minister for Micro, Small and Medium Enterprises said, “We are hopeful that Meta’s pledge to support 5 lakh women owned businesses will create a supportive ecosystem for women and inspire them to become contributors to the overall development of the country.”
