(i) Opportunities Based on Business : Women entrepreneurs are bestowed with numerous business opportunities depending upon their area, choice of industry, capacity to invest, technical and non-technical skills etc.
(ii) Financial Opportunities : All Banks in India provide financial support to the women Entrepreneur, in the form of micro small loans to buy Raw Materials and Equipments.
(iii) Non-Financial Support : Non-financial support in the form of:, Putting in Policies, regulations and legal structures suitable to women entrepreneurs, Financial counselling and training, Business advisory service and etc.,
(iv) Opportunities Created by Association : There are various associations like Self Help Groups (SHG), Federation of Indian Women Entrepreneurs (FIWE), Women's India Trust (WIT), Tamilnadu Corporation for Development of Women Ltd. (TNCDW) are aggressively promoting women entrepreneurship in India.
Similarly, MSE cluster development programme bear a substantial portion of the project cost in respect of ventures owned and managed by women entrepreneurs.
The percentage of guarantee given by Credit Guarantee Fund Scheme for Micro and Small Enterprises extend upto 80% for MSEs owned and operated by women.
(v) Opportunities Created by Government : Government both Union and Central have put in a number of schemes exclusively for promotion of women entrepreneurship namely
1. Stand-Up lndia Scheme for Women Entrepreneurs
2. Trade related Entrepreneruship Assistance and Development (TREAD)
3. Scheme for Women
4. Mahila Coir Yojana
5. Mahila E-haat
6. Magalir Udavi Scheme
7. Prime Minister's Rozgar Yojana (PMRY)
(vi) Opportunities Created through Training Programme : Government of India has introduced National Skill Development Policy and National Skill Development Mission in 2009 in order to provide skill training, vocational education and entrepreneurship development to the emerging work force. The following training schemes are being implemented for promoting self employment of women by Government of India.
1. Support for Training and Employment Programme of Women (STEP)
2. Development of Women and Children in Rural Areas (DWCRA)
3. Small Industry Service Institutes
(vii) Consortium of Women Entrepreneurs of India (CWEI) : Consortium of Women Entrepreneurs of India (CWEI) was registered as a civil society in the year 1996 which is a non-profit organisation in New Delhi. It is a member of National Board, Ministry of MSME and is working closely with Ministry of Rural Development in the Public Private Partnership to support below poverty line families in India

Government both Union and Central have put in a number of schemes exclusively for promotion of women entrepreneurship namely:
(i) Stand-Up India Scheme for Women Entrepreneurs
(ii) Trade related Entrepreneurship Assistance and Development (TREAD) Scheme for Women
(iii) Mahila Coir Yojana
(iv) Mahila E-haat
(v) Magalir Udavi Scheme
(vi) Prime Minister's RozgarYojana (PMRY)
(vii) Development of Women and Children in Rural India (DWCRA)
(viii) Mudra Yojana Scheme for Women
(ix) Udyogini Scheme
(x) TRYCEM

Managerial Functions
(i) Planning: Under planning, the entrepreneur has to lay down the objectives, goals, vision, mission, policies, procedures, programs, budget, schedules, etc., for enabling the venture to proceed towards established destinations.
(ii) Organizing: Entrepreneur puts in place suitable organizational structure to perform various managerial functions namely choosing the type of organization, creating department, fitting the human resources to appropriate organization slots, defining and delegating authority, distributing responsibility and creating accountability for the efficient performance of activities.
(iii) Directing: The process of directing involves issuing orders and instructions, guiding, counseling and mentoring of employees, supervising employees, maintaining discipline, motivating employees and providing leadership.
(iv) Controlling: The various steps involved in control function includes fixing performance standards, measuring the actual performance, comparing actual performance with standards, finding out causes for deviation if any, undertaking corrective measures to bring actual performance to standards set.
(v) Coordination: Entrepreneur has to evolve a mechanism to pull together the diverse functions performed by various departments or teams and direct them towards the established goals of the organization for accomplishment.

Opportunities for Women Entrepreneurs
(i) Opportunities Based on Business: Women entrepreneurs are bestowed with numerous business opportunities depending upon their area, choice of industry, the capacity to invest, technical and non-technical skills, etc.
(ii) Financial Opportunities: All Banks in India provide financial support to the women Entrepreneur, in the form of micro small loans to buy Raw Materials and Equipment.
(iii) Non-Financial support: Women entrepreneurs are provided with the following non-financial support in the form of:
i. Financial counseling and training
ii. Business advisory service
iii. Handling legal barriers
iv. Establishing Commercial linkages
v. Client research
(iv) Opportunities Created by Associations: There are various associations like Self Help Groups (SHG), Federation of Indian Women Entrepreneurs (FIWE), Women's India Trust (WIT), Small Industries Development Organisation (SIDO), Self Employed Women's Association (SEWA), Tamilnadu Corporation for Development of Women Ltd. (TNCDW), Women Entrepreneurs Promotion Association (WEPA), Women Entrepreneurs Association of Tamil Nadu (WEAT) are aggressively promoting women entrepreneurship in India.
(v) Opportunities Created by Government: Government both Union and Central have put in a number of schemes exclusively for the promotion of women entrepreneurship namely:
i. Mahila Coir Yojana
ii. Mahila E-haat
iii. Magalir Udavi Scheme
iv. Prime Minister's RozgarYojana (PMRY)

The following points highlight the significance of entrepreneurship.
(i) Innovation: Entrepreneurship and innovation are closely intertwined with each other. Entrepreneurs have contributed in no small measure to the economic development of any country by innovation.
(ii) Contribution to Gross Domestic Product (GDP): Promotion of entrepreneurship all across the country would undoubtedly add to Gross Domestic Product and National Income of a country. It is stated that the countries like America, Japan, Germany and so on have recorded a phenomenal increase in the GDP, per capita income and national income, due to the stupendous growth of entrepreneurship.
(iii) Balanced Regional Development: Encouragement of entrepreneurship in underdeveloped and undeveloped regions of a country through various incentives and concessions is more likely to promote balanced regional development across the country.
(iv) Export Promotion: Entrepreneurship helps a country not only earn precious foreign exchange but also preserve it. Similarly, if entrepreneurship is encouraged to produce products which are usually imported from foreign countries i.e. import substitute goods, it can help the country save precious foreign exchange.
(v) Full utilisation of Latent Resources: Promotion of entrepreneurship across the country leads to better utilisation of economic, human, material and natural resources which would remain otherwise unutilized in a country.