News

Nexus welcomes Molly Stephenson, Director of the Press and Public Diplomacy Office!

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Molly Stephenson visited the Nexus Startup Hub at the American Center on the 10th of February. Director Stephenson is a member of the Senior Foreign Service, serving as Director of the Press and Public Diplomacy Office in the Bureau of South and Central Asian Affairs (SCA) since October 2021. She also serves as SCA’s lead champion of diversity, equity, inclusion, and accessibility (DEIA) issues. The event was attended by eleven startups from Cohort 17.

Molly was welcomed by Erik Azulay, Executive Director, who briefed her about the program. She then addressed the startups while mentioning that she had been reading about Nexus for quite some time and was excited to be here. She was keen on meeting the founders in person and having a conversation about their startups and the work they do. The founders got a chance to discuss their ideas and talk about the opportunities for the future with her.

The small meet and greet was rounded off with high tea and a group picture.

Deputy Secretary of State, Richard R. Verma, Engages with Nexus Startups

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Deputy Secretary of State for Management & Resources, Richard R. Verma, the second-highest-ranking official in the U.S. Department of State, visited the Nexus Incubator. Excitement filled the air as Deputy Secretary Verma interacted with the innovative startups of Cohort 19.

With keen interest in innovation and entrepreneurship, Deputy Secretary Verma immersed himself in the vibrant ecosystem of ideas. He was genuinely intrigued by the diverse range of startups and the passion with which each entrepreneur pursued their goals. Every startup had the opportunity to introduce themselves. Eager to delve deeper into their endeavors, Deputy Secretary Verma posed some questions, sparking engaging discussions in the room. He was curious to understand their business models, the challenges they encountered, and their strategies for scaling their ventures globally. His presence served as a source of inspiration for the budding entrepreneurs, reaffirming their belief in the transformative power of their ideas.

As he departed, he left behind a message of encouragement and support, highlighting the impact of each startup on the lives of many at the very ground level, motivating the startups to continue striving for success and positive change.

Nexus is proud to announce its partnership with ALEAP!

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Women entrepreneurs significantly contribute to economic growth and poverty reduction worldwide. While the number of women operating their businesses is increasing globally, they continue to face huge obstacles, such as a lack of capital, strict social constraints, and limited skill training that stunt the growth of their businesses. To bridge this gap, a group of women bonded together and formed the “Association of Lady Entrepreneurs” (ALEAP).

ALEAP acts as a facilitator and helps women acquire entrepreneurial skills and become economically independent. ALEAP assists these women entrepreneurs across their enterprising endeavours.

Our partnership with ALEAP reflects our commitment to creating a diverse entrepreneurial ecosystem. We aim to empower women entrepreneurs, foster their growth, and create a more inclusive startup community ecosystem. By empowering women, we are actively working towards breaking down barriers and fostering gender equality in entrepreneurship.

We believe that by joining forces, we can build a future where women-led startups thrive and contribute to innovation, economic growth, and social progress.