The grant is awarded to women, especially ethnic minority, disadvantaged and disabled people.
The program will also provide consulting services to 4,000 new startups founded by women; 15 cooperation units and 10 cooperatives that will be managed by women.
The projetc aims to raise women's role in the economic development and help them implement their creativity, start and grow their businesses.
The municipal goverment has asked the Department of Science & Technology, the Department of Planning and Investment, the Department of Labor, War Invalids and Social Affairs and the city Women's Union to coordinate to study policies supporting women-led businesses.