Dummy Project: Business Idea Development for Women Entrepreneurs
Project Duration:
April 2025 – October 2025
Support Agency:
Naqaash Foundation in partnership with entrepreneurship hubs, financial institutions, and international donors.
Project Location:
Urban and semi-urban areas of Lahore, Karachi, and Islamabad, with outreach programs in neighboring rural regions.
Objective:
To empower 300 women by fostering entrepreneurial skills, guiding them through business idea development, and providing resources to launch sustainable micro and small enterprises.
Key Components of the Project:
Business Ideation Workshops:
- Conduct workshops to teach women how to identify viable business opportunities based on market needs and personal skills.
- Facilitate brainstorming sessions to generate innovative ideas tailored to local demands.
Entrepreneurial Skill Building:
- Provide training in business planning, marketing, financial management, and customer relations.
- Introduce participants to digital tools for e-commerce, social media marketing, and financial tracking.
Mentorship and Networking:
- Pair participants with successful women entrepreneurs and business mentors for guidance.
- Organize networking events to connect participants with industry leaders and investors.
Access to Capital:
- Facilitate microloans and grants to help participants kickstart their businesses.
- Guide participants in developing strong business proposals to attract funding.
Market Access and Promotion:
- Organize trade fairs and exhibitions for participants to showcase their products and services.
- Provide support in creating online stores and leveraging digital platforms for sales.
Expected Outcomes:
Empowered Entrepreneurs:
- 300 women equipped with the knowledge and skills to develop and launch business ideas.
- At least 100 participants will establish their own micro or small businesses.
Economic Growth:
- Enhanced household incomes through women-led enterprises.
- Development of innovative business solutions addressing community needs.
Sustainability and Growth:
- Creation of women-led businesses that contribute to local economies.
- Participants will serve as role models and mentors for other aspiring entrepreneurs.
Cultural Impact:
- Increased acceptance of women as business leaders within families and communities.
- Greater recognition of women’s contributions to economic development.
Implementation Plan:
Phase 1: Community Mobilization and Selection (Months 1-2)
- Identify potential participants through outreach campaigns and community engagement.
- Select women based on their motivation, skills, and potential for business development.
Phase 2: Training and Ideation (Months 2-4)
- Conduct intensive workshops on business idea generation and planning.
- Provide skill-building sessions tailored to specific industries, such as fashion, food, or digital services.
Phase 3: Resource Allocation and Business Launch (Months 5-6)
- Support participants in developing business proposals and securing initial funding.
- Facilitate access to markets through trade events and digital platforms.
Phase 4: Monitoring and Evaluation (Month 7)
- Track business launches and measure initial impacts on participants and their families.
- Document success stories and challenges to refine future projects.
Budget Estimate:
- Training programs and workshops: $30,000
- Microloans and grants: $25,000
- Mentorship and networking events: $10,000
- Marketing and promotion support: $8,000
- Administrative costs: $7,000
Total Estimated Budget: $80,000
Long-Term Vision:
The Business Idea Development for Women Entrepreneurs project seeks to unleash the entrepreneurial potential of women, transforming them into drivers of economic and social progress. By fostering creativity, building skills, and providing access to resources, the Naqaash Foundation aims to create a ripple effect, where empowered women inspire others to embark on their entrepreneurial journeys.
Through this initiative, the Foundation envisions a Pakistan where women-owned businesses thrive, contributing to economic stability and community well-being.