Nexus is an initiative by the U.S. Embassy in India to showcase American best practices in incubation and to support the growing Indian entrepreneurship and innovation ecosystem. ACIR was brought in to create a central hub (Nexus) for entrepreneurs, innovators, government agencies, industry players and funding organizations to come together and collaborate to promote Indian startups and strengthen the local entrepreneurial ecosystem.
To increase the economic impact of entrepreneurs beyond their home countries, the South Asia Connect program was born. The Nexus incubation and training model was expanded to support entrepreneurs in the surrounding countries of Nepal, Bhutan, Bangladesh, and Sri Lanka.
While there are more women than ever starting and leading businesses, female entrepreneurs still face some unique challenges. Lack of funding, networks of successful mentors, social expectations and education in business skills have been listed as primary obstacles to women starting and growing their businesses.