Promoting Entrepreneurial Spirit: Support Systems for Women Entrepreneurs in Punjab MSME Sector

Abstract

The research paper investigates the support system available to women entrepreneurs in Punjab’s MSME sector. It aims to assess the extent of support received by women entrepreneurs from their families, friends, and various government and non-government agencies. The study, based on a sample of 204 women entrepreneurs in Punjab’s MSME sector, reveals that the development of women’s entrepreneurial talent has largely been nurtured through the familial support system in Punjab, rather than through external agencies. Findings indicate that a significant majority of the women entrepreneurs enjoy substantial support from their extended families. For professional guidance, these women predominantly rely on their husbands, family members, and relatives, rather than on external support systems such as banks or government institutions, which often exist more in theory than in practice. Furthermore, a minimal number of women entrepreneurs are aware of government programmes, schemes, or policies designed to aid their development.

Keywords: Entrepreneurship, Women Entrepreneurs, Micro, Small and Medium Enterprises, Entrepreneurship Development Programmes, Economic and Societal Development

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