Nexus and WEConnect International-India joined hands to cooperatively pursue activities that will build economic parity and enhance business opportunities for women business owners. This partnership, formalized by a signed MOU, will bring opportunities available through the WEConnect platform to Nexus’ startups and promoting it to women entrepreneurs across India. The partners are also be conducting joint training programs for women entrepreneurs.
WEConnect International is a global alliance of more than 80 corporate members, primarily Fortune 500 companies that are committed to sourcing more from women-owned businesses. WEConnect International identifies, educates, registers, and certifies women’s business enterprises based outside of the U.S. that are at least 51% owned, managed and controlled by one or more women, and then connects them with our multinational corporate member buyers.
By connecting women entrepreneurs to forward-thinking multinational corporations, representing over $1 trillion in annual purchasing power, WEConnect is actively closing the gender gap.
Nexus will continue to play an active role as an entrepreneurial ecosystem enabler by bringing different stakeholders together for development and mentoring the startup ecosystem. The Nexus pre-incubation program is highly rated with an overall women entrepreneur participation rate of over 33%.