The entrepreneur is one of the most important inputs in the development of a country or of regions within the country. The entrepreneurs are a catalyst of social and economic changes. The entrepreneur is the key person who envisages new opportunities, new techniques, new products and co-ordinates all other activities.1 Women have some strong desirable qualities relevant to entrepreneurship such as their ability to manage details, dedication to the work, tolerance and kindness towards the people. It is a misconception that women cannot be good managers. In fact, the compute manager in Indian society is the mother, as she plans, budgets, executes and shows the results in the day to day life. Traditionally, women’s occupational status has always been closely associated with the home and the family. She has only a secondary status because she is economically dependent on her father or husband. In both the industrially advance and less developed countries women are bound with cumulative inequality as a result of socio-cultural and economic discriminating practices. The role and degree of integration of women in economic development is always an indicator of women’s economic independence, social status and also is a measure of women’s contribution to the economic development. In urban areas, more and more women are successfully running day care centre, placement services, floriculture, beauty parlours and fashion boutiques. Even in rural areas, self-help groups are empowering women to start their own micro business. Women start businesses for fundamentally different reasons than their male counterparts. While men start businesses primarily for growth opportunities and profit potential, women most often found businesses in order to meet personal goals, such as gaining feelings of achievement and accomplishment. Many women start a business due to some traumatic event, such as divorce, discrimination due to pregnancy or the corporate glass ceiling, the health of a family member, or economic reasons such as a layoff.