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Deutsche invests in young women in India

May 2012 │ India

Be! Fund in India invites young people from low-income backgrounds to submit their business ideas to overcome the social, economic and environmental issues in their community. Each aspiring entrepreneur undergoes three interview stages before the business plan is ready to be presented to the Be! Investment Committee. Deutsche Bank India employees assist with the interview process and assessment of business plans, and some of our senior management personnel sit on the Investment Committee. Successful applicants are provided with funding, skills support and mentoring.

To commemorate Deutsche Bank’s inaugural Women in Asian Business Conference in 2011, we partnered with Be! Fund to invest in 12 start-up businesses proposed by young women living in poverty.

Archana Rajendra Hegde lives in a remote village in Karnataka where most people work as agricultural labourers harvesting areca nuts. Archana - determined that there is high demand for areca-leaf products locally and internationally has started a business producing eco-friendly plates and bowls made from areca leaves. She employs six women from low-income households and hopes her business will pick up and that she will be able make a living and provide a better future for her daughter.

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Last Update: June 25, 2012
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