Magicka Foundation India is supporting 700 urban poor women who have lost sole earning member of the household to Covid. Magicka Foundation is assisting them in setting up their small businesses and ventures to earn livelihood by providing them trainings, mentoring, brand building, business development and also micro financing.
As these women are already distressed and staring a blind spot right now, we will assist them in complete hand holding with practical how tos', tools, techniques and strength emotionally and socially.
Women-owned and led businesses are strong catalysts for economic growth, improving the lives of everyone. This has a meaningful impact on the labor force, economic growth, and the well-being of their societies. Our mission is to create a new era of women entrepreneurs. In the backdrop of these concerns, it becomes a requisite to formulate a robust skilling initiative to assist women entrepreneurs in these areas. This initiative will not only focus on the hardcore entrepreneurial requirements but will also work in providing them a handholding to scale up and will aim towards the IT up-gradation of women entrepreneurs. We intend to mentor 700 women in two years. The initiative will be divided into batches of three (3) weeks. We aim to reduce the entrepreneurship gender gap globally and empower women business owners to reach their economic potential and thereby contribute to India’s economy