Tag: COWE

COWE Signs BMO Agreement with SIDBI for Pan-India Rollout

Hyderabad, April 10, 2025The 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.

sidbi

A BMO agreement with SIDBI involves a 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.

Small Industries Development Bank of India (SIDBI) established under an Act of Indian Parliament, acts as the Principal Financial Institution for Promotion, Financing and Development of the Micro, Small and Medium Enterprise (MSME) sector as well as for co-ordination of functions of institutions engaged in similar activities. COWE is a home grown body of women entrepreneurs which has spread its footprint across India. It is probably 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, 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.

Digitalisation, Cross Collaborations, exploring newer opportunities are 3 key things for recovery of small and micro businesses Jayesh Ranjan told Small and Home Women entrepreneurs of COWE

Jayesh Ranjan, Principal Secretary, Government of Telangana inaugurated All India Virtual COWE Mart, a Virtual Exhibition of all Women Entrepreneurs virtually on Thursday afternoon.

To support its members in this COVID 19 Pandemic, COWE has designed Virtual COWE MART

The exhibition has 50 vendors showcasing their products such as Textiles, Cosmetics, Jewellery, Organic Food products. It’s a promotional event to small women entrepreneurs and home entrepreneurs, who are unable to market or promote their products due to the prevailing pandemic situation. It will be open for 70 days. Starting from today it will go on till 15th January.

COWE plans to organise similar events in December and January as well to help small and micro women entrepreneurs.

Addressing the 100 plus virtual gathering, Jayesh Ranjan said these are difficult times. Any efforts to promote the spirit of entrepreneurship and spirit to protect livelihoods are praiseworthy. All industries are badly disrupted for the past eight or nine months. No one left untouched in this disruption.

It is important that businesses recover from this pandemic. Experts are talking about V-shaped recovery and W-shaped recovery. Recovery is not a simple process. Jayesh Ranjan have 3 step recovery plan

He told COWE to roll out strong digitalisation program of all enterprises. Familiarise members with digitalisation tools. They are simple. Make them adapt as quickly as possible

The second recovery plan Jayesh said is to work on collaborations among industries and the government.

The third recovery plan is to explore newer opportunities, channels, marketing possibilities. In this direction, COWE Virtual Mart will help he said. Jayesh assured them full support from the Telangana Government.

Addressing Uday Kumar, P. Udayakumar, another Chief Guest, who is a Director of Planning and Marketing for the National Small Industries Corporation explained how MSME helps women entrepreneurs. He too stressed upon aUtomising and digitisation of their businesses.

COWE—Confederation of Women Entrepreneurs of India is the 1st women Association with National presence which is not related to any other Association. Also another salient feature of COWE it was founded here in Hyderabad and now spread all over India.

Three Chapters Rajasthan, UP and Telangana are behind organising the virtual mart.

Welcoming the virtual guests, Soudhamini Prodduturi the National President said that they have 2 industrial estates one in AP at Mallavella Village Vijayawada. One in Telangana at Toopran developed with the assistance of Central Government. This facility is ready to be inaugurated soon maybe in the next two months by KT Rama Rao.

AP government is asking us to set up more industrial estates in AP, added Soudhamini Prodduturi. We are working on developing industrial estates especially for women entrepreneurs across India. The work is on, she added. We are partnering with Huldi Clusters, we have taken up technical agencies for the Huldi Clusters in AP on behalf of MSME.

Very soon we are going to open COWE Regional Offices in 4 Zones, she said.

COWE currently has 800 above businesswomen. With 10 Chapters and more than 1000 other members.

Sandhya Jella, one of COWE Telangana members narrated her experience.