Lauren Perlik’s Post

It’s encouraging to see Harvard Business Review spotlight the funding obstacles women entrepreneurs face. While a mere 3% of VC dollars went to all-female-founded teams in 2019 (a percentage that slipped further in 2020 and 2021), the growing focus on this issue sparks optimism. We cannot afford to miss out on the possibilities presented by these women-led companies. Unlocking their entrepreneurial potential stands to unleash incredible innovation across industries. While challenging, the path forward to equity is achievable: Staying vigilant against bias. Normalizing gender parity at the highest levels. Implementing funding measures with impartial audits. An equitable entrepreneurial ecosystem benefits us all. The time is now to level the playing field. https://lnkd.in/eeuJGvmr #Entrepreneurs #Growth #Equity

RESEARCH IN THE SPOTLIGHT: GIBS Faculty Prof Motshedisi (Tshidi) Mathibe is a contributor on this research unveiling the impact of COVID-19 on women entrepreneurs in the informal sector. This study sheds light on the pandemic's effect through a dual-phase exploration. Insights from women entrepreneurs reveal concerns, with a focus on cutbacks and challenges in sustaining businesses. Their reliance on loans highlights a perceived lack of governmental support. Recommendations emphasize the crucial need for post-pandemic recovery aid and tailored support for these businesses. >> https://lnkd.in/dYjBWJtc #GIBSResearch #COVID19Impact #WomenEntrepreneurs

Empowering African Women: Changing the Narrative #Markets #Economy #investing #money #bankingindustry #productivity #bestadvice #businessintelligence #Innovation #Management #Technology #Entrepreneurship #Startups #VentureCapital #Economics #strategy #business #artificialintelligence #socialentrepreneurs

Many organizations including Village Capital, AlphaMundi Group Ltd, and Miller Center for Social Entrepreneurship are working to close the gender gap among investors, yet progress is slow. What will it actually take? Can we persuade key decision-makers to embrace tangible metrics and data-driven evaluations over traditional gut instincts? Or, if the biases and societal norms inhibit the flow of capital to women, does this warrant more women-only focused funds or quotas to even the playing field? #impinv #brilliancebias #vc #genderbias https://lnkd.in/gKZGiQn2

✊ Let's break down the bias and transform women's access to business finance! In a comprehensive global analysis spanning over three decades, compelling evidence emerges about the persistent barriers women entrepreneurs face in securing business loans. Despite representing a significant portion of global entrepreneurship, women consistently encounter higher rejection rates and more stringent conditions from commercial lenders. 📉 A stark figure is at the forefront: Globally, only one in three businesses are owned by women, and startups with female founding members account for a mere 20%. Even more concerning is the funding disparity—only 2% of total venture capital was allocated to all-female businesses in 2021. The roots of these challenges are deeply embedded in societal norms that historically view men as the quintessential entrepreneurs. This bias is not only outdated but harmful, stalling progress towards #GenderEquality in economic spheres. Here are three actionable recommendations for stakeholders: 💥 Vigilance and Visibility: Continuously monitor and address gender disparities in funding, ensuring that advancements in one area do not obscure stagnations in others. 💥 Empowerment through Representation: Amplify the participation of women in high-profile leadership and decision-making roles, challenging the status quo and redefining norms. 💥 Policy Reform for Parity: Advocate for gender audits in financial policies and practices, fostering transparency and accountability in addressing the financing gap. As we push forward, it's crucial to foster an environment where the financial success of women entrepreneurs is seen as normative, not exceptional. Join the conversation and support the dismantling of systemic barriers to funding women-led businesses. https://lnkd.in/eE-wFqwZ The World Bank World Economic Forum Statista Global Entrepreneurship Monitor UNDP #FinancialInclusion #Startups #WomenInBusiness #WomenEmpowerment

Thanks Malin! Next step is understanding biases in vc fund evaluation.

Empowering women economically benefits society as a whole! Today, we explore initiatives that promote financial independence, entrepreneurship, and economic equality. Let's support women-owned businesses and advocate for policies that create economic opportunities for all. #EconomicEmpowerment #WomenEntrepreneurs #FinancialIndependence #Entrepreneurship

Female entrepreneurs have always shown remarkable resilience and innovation, yet they face unique professional challenges that often go unnoticed. Here are three pivotal insights that shed light on their journey and underscore the importance of continued support and empowerment: 1️⃣ Historical Legislation Funding Barriers: The Women’s Business Ownership Act of 1988 marked a transformative moment in history, dismantling funding barriers that previously hindered women from securing business loans. This crucial legislation also catalyzed the growth of Women’s Business Centers across the U.S., expanding from a mere four locations in 1989 to well over 100 today. These centers have become invaluable resources, providing tailored support and fostering a community of thriving female entrepreneurs. 2️⃣ Lack of Financial Support: Despite the progress made, significant obstacles persist. The U.S. Chamber of Commerce highlights three primary challenges: access to capital, confidence in business ventures, and market saturation. These barriers can stifle growth and innovation, underscoring the necessity of strategic support systems and inclusive policies that level the playing field for women business owners. 3️⃣ Gender & Racial Intersectional Challenges: Beyond financial constraints, female entrepreneurs often navigate a complex landscape of gender inequality and racial disparities. The intersection of these factors can exacerbate the difficulties faced, making it imperative to advocate for comprehensive solutions that address both financial and social inequities. By fostering an inclusive environment that champions diversity, we can unlock the full potential of every entrepreneur, driving forward a more equitable and prosperous business landscape. Together, by acknowledging these challenges and celebrating the triumphs of female entrepreneurs, we can create a future where every woman has the opportunity to lead, innovate, and succeed. 💪🌍✨ #WomenInBusiness #FemaleEntrepreneurs #Empowerment #InclusiveGrowth @advocatewealth 🌐 advocatewm.com Shawn Cook

🌍Women around the world face many challenges in gaining economic independence, leaving them vulnerable to poverty and discrimination. To address these issues effectively and sustainably, global development organisations are increasingly using Market Systems Development (MSD) interventions. These interventions encourage individuals and organisations within local economies to adopt new practices by leveraging incentives within the market system. In this article, the author explores four tools and explains how they can help create or improve opportunities for women entrepreneurs, especially in emerging markets. 👩💼💼 Check out this article on the #SCIportal and share your thoughts in the comment section: https://lnkd.in/d-GDzYyS #EmpowerWomen #GlobalDevelopment #Entrepreneurship 🚀

🌍Women around the world face many challenges in gaining economic independence, leaving them vulnerable to poverty and discrimination. To address these issues effectively and sustainably, global development organisations are increasingly using Market Systems Development (MSD) interventions. These interventions encourage individuals and organisations within local economies to adopt new practices by leveraging incentives within the market system. In this article, the author explores four tools and explains how they can help create or improve opportunities for women entrepreneurs, especially in emerging markets. 👩💼💼 Check out this article on the #SCIportal and share your thoughts in the comment section: https://lnkd.in/d-GDzYyS #EmpowerWomen #GlobalDevelopment #Entrepreneurship 🚀