WOMEN ENTREPRENEURS

Women Entrepreneurship in India

States Tamil Nadu Uttar Pradesh Kerala Punjab Maharastra Gujrat Karnatka Madhya Pradesh
Other States & UTS

No of Units Registered 9618 7980 5487 4791 4339 3872 3822 2967 14576 57,452

No. of Women Entrepreneurs 2930 3180 2135 1618 1394 1538 1026 842 4185 18,848

Percentage 30.36 39.84 38.91 33.77 32.12 39.72 26.84 28.38 28.71 32.82

Total

KIRAN MAZUMDAR SHAW

ISSUES
Understand the role of an entrepreneur and a leader in creating a start-up and transforming it into a global player and a leader in its industry. Study the role of an entrepreneur in the struggle, survival and success of a company in the initial and subsequent stages in the biotech industry. Analyze the leadership qualities of Kiran and identify those characteristics that contributed to the success of Biocon and made it the leading company in the biotech industry. Understand the significance and impact of a leader on an organization's culture and human resources

THE LEADER
KIRAN MAZUMDAR SHAW FOUNDER OF BIOCON BORN ON MARCH 23,1953 FELICITATED WITH PADMASHRI(1989) & PADMA BHUSHAN(2005) CHAIRMAN AND MANAGING DIRECTOR OF BIOCON

THE BEGINNING
Kiran was born in Bangalore in 1946. Her father was a master brewer at United Breweries Educated at the Bishop Cotton Girls School and Mount Carmel College at Bangalore. After completing her Bachelor of Science degree in Zoology from Bangalore University in 1973, she went to Ballarat Institute of Advanced Education (now University of Ballarat), Australia to study brewing and qualified as a master brewer in 1974. In 1998, she married John Shaw, an expatriate manager and Indophile from Scotland at Madura Coats.

 John Shaw resigned as the managing director of Madura Coats the same year and joined Biocon as its Director for International Business and the Vice Chairman of the Board. Kiran Mazumdar Shaw started her professional career as trainee brewer in Carlton & United Beverages in 1974. She was a topper in science from Bangalore University. She then went on to Ballarat College, Melbourne, Australia, specializing in Malting and Brewing Technology, there to become India's first woman Brew master. At university in Australia, she was the only woman in an all-male class but she still managed to top .

 She was a topper in science from Bangalore University. She then went on to Ballarat College, Melbourne, Australia, specializing in Malting and Brewing Technology, there to become India's first woman Brew master. At university in Australia, she was the only woman in an all-male class but she still managed to top .

BIOCON
In 1978, she joined as Trainee Manager with Biocon Biochemical's Limited in Ireland. Collaborating with the same Irish firm, she founded Biocon India with a capital of Rs. 10,000/- in 1978. The initial operation was to extract an enzyme from papaya.

 The initial operation was to extract an enzyme from papaya. Her application for loans was turned down by banks on two counts biotechnology was then a new word and the company lacked assets. Over the years, the company grew under her stewardship and is today the biggest biopharmaceutical firm in India. In 2004, Biocon went for an IPO and the issue was over-subscribed by over 30 times. Post-IPO, Shaw held close to 40% of the stock of the company and was regarded as Indias richest woman with an estimated worth of Rs. 2,100 crore (~U.S. $ 480 million).

The Growth of Biocon

Biocon started with the manufacture and export of Papain, a plant enzyme, and Isinglass, a marine hydrocolloid,11 which are key products for the brewing industry. Within two years, Biocon established a steady flow of exports to Ireland.

 As the off take of the company's products by Ireland grew, Biocon's manufacturing activity was shifted from the rented garage to a 20-acre site near Bangalore city in 1983. In 1984, she decided to recruit a team to commence research and development (R&D) in new areas of enzyme technology.

ACHIEVEMENTS
She was termed India's Biotech Queen by The Economist and Fortune, and India's mother of invention by New York Times . Wharton Infosys Business Transformation Award (2006) Padma Bhushan (2005) Honorary Doctorate from Manipal Academy of Higher Education (MAHE) (2005). Lifetime Achievement Award from Indian Chamber of Commerce (2005).

 The Economic Times Business Woman of the Year Award (2004) Whirlpool GR8 Women award for Science and Technology (2004) Australian Alumni High Achiever Award from the IDP Australian Alumni Association (2003) Woman of the Year from the International Women's Association, Chennai (1998-1999) Padma Shri (1989) Outstanding Young Person Award by Jaycees (1987) Rotary award for the Best Model Employer (1983) Outstanding Contribution Award (AWAKE) (1983) Gold for Best Woman Entrepreneur, Institute of Marketing Management (1982)

OTHER ACTIVITIES
She has been proactively involved in various city improvement plans like the Bangalore Agenda Task Force (BATF). Ms Shaw holds very dear the MV Memorial Award she was given (MV popularly stands as a nick name for the great visionary Sir M Vishwesharaiah, architect of modern Karnataka).

She is also an art collector.

 She has authored 'Ale and Arty,' a Coffee table book about brewing beer illustrated by paintings of some of India's renowned artists She has been a trustee of the Karnataka Chitra Kala Parishad as well.

Looking Ahead
Without resting on her past, Kiran has moved onto even more challenging ventures of developing insulin and drugs that can cure cancer. With 120 mn diabetic patients worldwide and 30 mn in India, diabetes had emerged as an important area for disease research. In the later half of 2004, Biocon launched human insulin under the brand name 'Insugen.'

Problems Faced by Women Entrepreneurs

Dual role to play at workplace & at home place Subordinate to men Just that her being women Non-awareness of facilities provided by government Competition with large scale units Problems related to marketing

Suggestions
Procedure of getting finance should be simple Effective propagation of programmes and yojna Linkages between product, services and market centers. Encouragement to technical and professional education.

Supportive Measures for Womens Economic Activities and Entrepreneurship Direct & indirect financial support Yojna schemes and programmes Technological training and awards Federations and associations

Direct & Indirect Financial Support

Nationalized banks State finance corporation State industrial development corporation District industries centers Differential rate schemes Mahila Udyog Needhi scheme Small Industries Development Bank of India (SIDBI) State Small Industrial Development Corporations (SSIDCs)

Yojna Schemes and Programmes

Jawahar Rojgar Yojna TRYSEM DWACRA

Technological Training and Awards

Stree Shakti Package by SBI
Entrepreneurship Development Institute of India Trade Related Entrepreneurship Assistance and Development (TREAD) National Institute of Small Business Extension Training (NSIBET) Womens University of Mumbai

Federations and Associations

National Alliance of Young Entrepreneurs (NAYE) India Council of Women Entrepreneurs, New Delhi Self Employed Womens Association (SEWA) Association of Women Entrepreneurs of Karnataka (AWEK) World Association of Women Entrepreneurs (WAWE) Associated Country Women of the World (ACWW)

THANK YOU