Women Entrepreneurship

Women entrepreneurs are integral for a healthy entrepreneurial ecosystem, and strong economic growth. Female entrepreneurship opportunities and challenges are many. Entrepreneurs make innovation possible. Our community is a thriving hub of impactful connections, and entrepreneurs are at the heart of it. Entrepreneurs, including women entrepreneurs, drive vibrancy, innovation and national economic growth.

Entering the world of entrepreneurship can be daunting for anyone. There are many nuances of business ownership that needs to be taken care of. It can be tough to create a business plan, finding the right customers, hiring the right talent and raising capital. Everything is foreign and scary as a first-time entrepreneur and. In a world that is largely dominated by men, the going can get especially tough for a woman entrepreneur.

Entrepreneurship drives the job market and contributes to economic growth. Despite having a thriving entrepreneurial culture, the startup scenario is beginning to decline. As a nation, we must support entrepreneurship in all forms. We must develop communities that will encourage, guide and strengthen startups founded by women.

In order to encourage and be more open to entrepreneurs, we as a nation must create an ecosystem of support for them. Here are some ways to support our female dreamers in our community.
1. Celebrate Women Entrepreneurs

One way we can all play a part in nurturing our country’s entrepreneurial spirit and to build an ecosystem to support female entrepreneurship is to recognize and celebrate our entrepreneurs. We must celebrate female entrepreneurs, regardless of their race, color, income, age, ability, identity and entrepreneurs that “fail”. We, as a nation, must celebrate ALL entrepreneurs.

One way to build a supportive ecosystem for female entrepreneurs is to work with media outlets (TV, radio, newspaper) to highlight stories of female entrepreneurs building companies and impacting our community.
2. Female-Centric Networking Group

Building a support network is important for any entrepreneur. A lack of mentorship limits their professional growth over time. There is a popular saying— “It’s not what you know but who you know”. Finding women entrepreneurs who are sailing in the same ship is important. Building a female-centric networking group is a powerful way to foster the women entrepreneurship circle. There are a lot of women-focused networking events as well as online forums and groups targeted at women players in the business field. This contributes to a female-centric entrepreneurship ecosystem.
3. Accelerators

There are several campaigns that help build awareness for women entrepreneurs and invest in women across the socioeconomic spectrum. Such campaigns also provide them with the wherewithal to build their businesses and brands. Participation in such programs and campaigns can help female doers learn, identify and articulate. It helps them pinpoint key inflection points in their business and polish their presentation for venture investors. A number of accelerators for women have surfaced in our nation which is a good thing as it contributes to a healthy women entrepreneur ecosystem.

For more information click here: http://www.ourbusinessladder.com/build-ecosystem-support-women-entrepreneurship/