This theoretical article is devoted to the creation of Blended Learning Model [BLM] which aims at providing a learning environment for enriching entrepreneurial skills among women. Product Development process has been employed for developing BLM. Self-instructional strategies are also applied to design the learning situation in the BLM. Face to face and online mode of learning are effectively blended in the BLM which includes 70% learning through online and only 30% happens in face to face mode. There is a scientific course alignment that has been established in different aspects of the BLM such as the aims & objectives, commitments of learner, content and context, learning outcomes and human interactions, interactions with content, scenarios based learning for creating contextual learning environment, etc. Self-governed learning activities have been developed for the purpose of effective learning. Maximum teaching-learning activities were carried out through a computer-mediated online platform and some of them were provided through the face to face mode of learning. The development process of BLM has been described in detailed in present paper.