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Even though female entrepreneurship and the formation of female-owned business networks is steadily rising, there are a number of challenges and obstacles that female entrepreneurs face. One major challenge for female entrepreneurs faces traditional gender roles that are structurally internalized by society.
In fact, in terms of entrepreneurship as an occupation, 7% of total entrepreneurs in India are women, while the remaining 93% are men. [44] Another 2011 study conducted by Colin Williams and Anjula Gurtoo, published in the International Journal of Gender and Entrepreneurship describes women entrepreneurs face several barriers in the development ...
She has also spoken with Mint Startup Diaries about challenges for women entrepreneurs, [21] and co-written an opinion article with Byju Raveendran in Vogue India about educational technology in India. [22] In March 2022, Divya Gokulnath was appointed as the Federation of Indian Chambers of Commerce & Industry's EdTech Taskforce Chair. [23]
The COVID-19 pandemic has had a disproportionate impact on women, as it exacerbated many of the challenges that women already faced, including access to financing, industry segmentation, family...
National initiatives to support the growth of women's business ownership include Prowess in the UK. [9] In India, supporting groups include WeConnect, [10] WEI, [11] and some specific bank-sponsored loan schemes. [12] In Europe, the Entrepreneurship 2020 Action Plan is aimed at supporting women business owners, among other initiatives. [13]
Kalpana Saroj (born 1961) is an Indian business woman, entrepreneur and a TEDx speaker, [1] and the chairperson of Kamani Tubes in Mumbai, India.Known as Indian Woman entrepreneur, she bought the distressed assets of Kamani Tubes Company and successfully steered the company back to profitability.
In South Asia, women entrepreneurs lead 20% of social enterprises. [1] Women-led businesses provide economic empowerment especially in cultural contexts where women are not the main breadwinners. [3] [4] India, Pakistan, and Bangladesh all of which have seen a rise in social businesses in the last few decades. [1]
The barriers women face to becoming entrepreneurs are exemplified through the perspectives of existing female entrepreneurs in Kenya. Mary Okello, the executive director of a cluster of private schools called Makini schools, discussed the difficulty of accessing loans.