KP announces Rs50 million funds for women entrepreneurs
New fund for women entrepreneurs
The women entrepreneurs KP initiative was announced during a visit to the Women Chamber of Commerce and Industry Peshawar Division.
The Khyber Pakhtunkhwa government has announced a Rs50 million endowment fund to support women industrialists and women-led businesses across the province.
The Women Chamber Peshawar welcomed the announcement and said stronger financial and institutional support could help more women enter and expand their businesses.
Financial support and new facilities
KP Adviser for Finance Muzammil Aslam announced the Rs50 million endowment fund during his visit to the chamber.
He also announced a Rs5 million grant to improve the capacity and facilities of the Women Chamber Peshawar.
The women entrepreneurs KP programme will also focus on providing financial facilities at lower interest rates.
Subsidies were also discussed to help women manage business costs and expand their operations.
The Khyber Pakhtunkhwa government also announced plans to establish a modern Women Incubation Centre at the chamber.
Focus on business growth
The proposed centre will provide training and support for women looking to develop their businesses.
The aim is to give women-led businesses better access to guidance, skills and business development opportunities.
The Women Chamber Peshawar leadership welcomed the government’s proposed measures during the meeting.
President Qurrat-ul-Ain, founding president Sajida Zulfiqar and Shamama Arbab expressed appreciation for the announcements.
Food and agriculture opportunities
Shamama Arbab highlighted business opportunities available to women entrepreneurs KP, particularly in food processing and agriculture.
She called for targeted support to help women enter and grow businesses in these sectors.
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The Khyber Pakhtunkhwa government said cooperation with the chamber would help turn women-focused policy proposals into practical economic measures.
Government and chamber to work together
The Rs50 million endowment fund is part of a broader plan to increase economic opportunities for women in the province.
The government and the Women Chamber Peshawar agreed to work together on policies and initiatives aimed at supporting women-led businesses.
Officials said cooperation between both sides could help improve training, financial access and business development for women.
The women entrepreneurs KP initiative could also encourage more women to start businesses in sectors with growth potential.
What happens next?
The Khyber Pakhtunkhwa government will need to implement the announced measures and establish the proposed incubation centre.
The Rs50 million endowment fund could provide financial support to eligible women and businesses once the mechanism is put in place.
For women-led businesses, easier access to funding, training and subsidies could help address some of the challenges faced by new and existing entrepreneurs.
The Women Chamber Peshawar is expected to play a role in connecting women entrepreneurs with the planned support.
