The Fund
Women led enterprises experience more success and lesser failures when compared to their male counterparts. Yet venture investments don’t reflect this.
To quote Business Insider France, Elisabeth Hu reported, “enterprises founded or co-founded by women receive about $935,000 in investments on average, while those founded by men receive an average of about $2.1 million. However, Hu reported, for every dollar of funding, startups founded by women generate 78 cents, compared to 31 cents for startups founded by men”.
Billennium Divas fund is formed to change that. It is an early-stage micro-equity fund investing in the exponential power of exceptionally talented women entrepreneurs. It’s a sector agnostic fund, for and by women.
“There Are 114 Percent More Women Entrepreneurs Than 20 Years Ago”,
a survey says.
However, Indian statistics talk something else. According to Sixth Economic Census released by the Ministry of Statistics and Programme Implementation, women constitute around 14% of the total entrepreneurship i.e. 8.05 million out of the total 58.5 million entrepreneurs, noted the Vice President of India, M. Venkaiah Naidu.
Out of this, 2.76 million women constituting 13.3% of women entrepreneurs work in agriculture sector whereas 5.29 million women constituting more than 65% work in non-agriculture sector. The average employment in women-owned enterprises is meager 1.67.
For Billennium Divas, the mission to change the statistics mentioned above as much as we can. There a miles to go before we sleep…
The Team
Advisors
Executive Director - MVSTF (GoM)
Founder - Nabomita.com
Founder- Poornam Foundation
Social Entrepreneur & Finance Expert
Managing Parter - Solacexis
Founder - Women Shine
Director - WriteClickWriting Service
Mapping our journey
Testimonials
"Women Power 2019, Mumbai : This is one of the best events we have attended so far. Kudos,
This absolutely shows the dedication your team has shown. We really look forward to having more of such events together."
Billennium Divas initiative called Women Power 2019 awards at EDII, Ahmedabad was a great platform for me to be a part of as a woman entrepreneur. The entire event was an eye opener with a line up of very powerful women thought leaders sharing their views and experiences on various issues. There was an amazing amount of support and networking opportunities provided to women entrepreneurs such as myself. The experienced judges had the right questions and guided all the entrepreneurs in the right direction. It was a wonderfully curated event by Bhavesh Kothari and team Billennium Divas for all women entrepreneurs.
Billennium Divas is a great initiative at promoting and facilitating women entrepreneurship. A fund that is dedicated to women entrepreneurs is definitely a big step in helping many woman entrepreneurs realise their dream. I am positive that the approach of dedicated mentoring along with funds will open the doors of opportunities for several deserving women entrepreneurs. Cheers to The Billennium Divas !
I have complete faith in Billennium Divas and believe that they truly and genuinely promote startups and encourage entrepreneurs. I had the opportunity to be the part of the Launch of the Billennium Divas Fund, It's a wonderful initiative that is going to help Women entrepreneurs who have ideas on place but no funds. Not only funds but Billennium Divas helps in nurturing that idea into a full proof Business plan by being a MENTOR to the entrepreneur.. After all its all about Women Power.
"I had the opportunity to be a part of the Launch of the Billenium Diva Fund. It is a great initiative for Women Entrepreneurs, who have great ideas to start their businesses, but lack support and funds. The fund will help small scale and MSME's grow. And it's not just Money, Billennium Divas offer Mentoring too, which is like an icing on the cake. Looking forward to have many Divas take benefits from the Billenium Diva initiative."
"Thank you for the amazing event done, i was inspired to accelerate my business initiatives post the event.
A superbly executed event, with so many diverse views and inputs. I have begun to actively build my business. A sincere thanks to you & the event which has motivated me, You always instill so much positivity and drive in me."
"Billennium Divas" is a platform which celebrates Women and her Power. This helps you to Rise and Shine "
Stay Connected!
"Women Power 2019, Mumbai, NSE Event was wonderful as expected.. 👌 thanks to you for making this knowledge and help us such knowledgeable people known to laymen like us."
The Initiatives
WEFORME: It’s an initiative for equipping ex-corporate urban married women with the skills, confidence and support they need to incept and install a business of their own so that their ideas take shape into possibilities of successful future.
PROJECT HOPE: It’s an initiative for rural women, inspiring them to engage and endeavor in entrepreneurship with a seed fund from the Billennium Divas.
The Events
Signature Events like the ‘Women Power’, Women Startup Investors Summit [W-S.I.S] and Diva Entrepreneurs Bootcamp [DEBOOT] are few of the prestigious events that have been conceptualized and conducted year-on-year by the Team Billennium Divas.