At the recent Academy for Women Entrepreneurs (AWE) Business Pitch Winner Announcement event, the US Embassy in Bangladesh took a major step toward empowering women entrepreneurs by recognising six outstanding women with grants. These exceptional individuals were selected from the AWE programme, a groundbreaking initiative designed to help women in Bangladesh grow their businesses and drive sustainable economic growth.
The US Embassy‘s Chargé d’Affaires, Megan Bouldin, highlighted the innovation, resilience, and determination displayed by these women, emphasising that when women thrive, entire communities thrive. This event marks an important milestone in the mission to create a more inclusive, diverse, and empowered entrepreneurial ecosystem in Bangladesh.
In this blog post, we will delve into the AWE programme, its impact on women entrepreneurs in Bangladesh, and the stories of the winners, who represent diverse regions across the country. Join me as we explore how this initiative is transforming the entrepreneurial landscape for women.
What is the Academy for Women Entrepreneurs (AWE) Programme?
The AWE programme, launched in Bangladesh in 2022, has been a game-changer for women entrepreneurs. It provides women with the tools and skills needed to establish, scale, and sustain their businesses. The US Embassy, in partnership with BRAC University’s Center for Entrepreneurship Development (CED), has designed the programme to offer both practical business training and mentorship.
Key features of the AWE programme:
- Comprehensive business training: The programme equips women with essential business skills, from finance management to marketing strategies.
- Mentorship opportunities: Entrepreneurs gain invaluable guidance from industry experts, enabling them to navigate challenges with more confidence.
- Networking opportunities: Participants are introduced to a vibrant community of fellow entrepreneurs, fostering collaboration and idea-sharing.
- Access to grants: Women who excel in the programme are eligible for grants to help scale their businesses.
Since its launch, over 140 women from diverse backgrounds and regions in Bangladesh have benefited from this incredible opportunity. These women represent the future of entrepreneurship in Bangladesh, and with the support of the US government and BRAC University, they are well on their way to making lasting contributions to their communities.
The Winners: 6 Inspirational Women Entrepreneurs in Bangladesh
Out of the many applications received, six women were selected for their remarkable business ideas, resilience, and dedication. These winners represent regions across Bangladesh, including Sylhet, Cumilla, Barishal, Khagrachhari, Jashore, Chattogram, and Dhaka. Let’s look at the winners and what sets them apart:
1. Ayesha from Dhaka – Revolutionising Sustainable Fashion
Ayesha’s fashion brand focuses on sustainable fashion by using eco-friendly materials. Her commitment to promoting ethical fashion practices has not only contributed to environmental conservation but also provided jobs to local artisans.
2. Nusrat from Chattogram – Empowering Rural Women with Handmade Products
Nusrat has built a successful business selling handmade products crafted by rural women in Chattogram. Her initiative has empowered these women economically, providing them with a platform to showcase their skills.
3. Shamsun from Jashore – Health and Wellness Entrepreneur
Shamsun’s business is dedicated to health and wellness, providing organic skincare products sourced from local ingredients. Her focus on natural, chemical-free products has won the hearts of health-conscious consumers in Bangladesh.
4. Razia from Cumilla – Innovating in Food Production
Razia runs a food production business that specialises in organic, locally sourced snacks. Her company supports local farmers by sourcing raw materials from them, thereby fostering a circular economy.
5. Fariha from Barishal – Leading the Tech Industry
Fariha’s tech start-up is focused on providing affordable tech solutions for small businesses in Barishal. Her innovative approach has enabled countless businesses to streamline their operations and grow.
6. Sadia from Sylhet – Pioneering in the Arts and Crafts Industry
Sadia has created a thriving business in arts and crafts, promoting traditional Bangladeshi crafts to the international market. Her work not only preserves cultural heritage but also empowers local artisans by giving them a global platform.
Each of these women is not only an entrepreneur but also a leader who is making a tangible difference in their communities. Their businesses are driving innovation, creating jobs, and contributing to the economic empowerment of women across Bangladesh.
The Impact of the AWE Programme on Women Entrepreneurs
The AWE programme has had a profound impact on the women entrepreneurs who have participated. By providing practical business skills, mentorship, and financial support, it has empowered them to take their businesses to the next level. Here are some key outcomes:
- Improved Business Skills: Women entrepreneurs have gained vital knowledge in areas such as financial planning, marketing, and business management, helping them make more informed decisions.
- Boosted Confidence: Through the programme’s mentorship and networking opportunities, women have gained the confidence to scale their businesses and take on bigger challenges.
- Stronger Community Connections: The programme has created a network of like-minded entrepreneurs, allowing participants to share resources, advice, and opportunities.
- Job Creation: Many of the businesses launched or scaled through the AWE programme have created jobs for other women, helping lift families out of poverty.
Why Women Entrepreneurs Are Key to Bangladesh’s Economic Growth
The recognition of these six women entrepreneurs highlights an important fact: women are key to Bangladesh’s economic growth. When women are empowered, economies thrive. Here’s why:
- Women drive innovation: Female entrepreneurs bring fresh ideas and unique perspectives to the business world, leading to innovation and diversification in industries.
- Job creation: As these women grow their businesses, they create jobs, particularly for other women in their communities.
- Economic resilience: Women-led businesses are often more resilient in times of economic downturns, as women tend to reinvest in their communities and family welfare.
- Social impact: Many women entrepreneurs prioritise social causes such as health, education, and environmental sustainability, making their businesses not only profitable but also impactful.
Conclusion: Empowering Women Entrepreneurs for a Brighter Future
The AWE programme is an essential part of the US Embassy‘s mission to empower women entrepreneurs in Bangladesh. By providing business training, mentorship, and grants, the programme is helping women overcome barriers, scale their businesses, and contribute to the economic development of the country.
The six women recognised by the US Embassy serve as inspiring examples of what women can achieve when given the resources and support they need. As these entrepreneurs continue to grow and succeed, they will undoubtedly play a vital role in shaping a more innovative, sustainable, and inclusive future for Bangladesh.
Relevant links for further reading
- Academy for Women Entrepreneurs (AWE)
- BRAC University Center for Entrepreneurship Development (CED)
- US Embassy Bangladesh
Photo credit: UNB
