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Do tech accelerators have a sexism problem?

Do tech accelerators have a sexism problem? | Supporting women in business | Scoop.it
Tech accelerator programmes have even lower numbers of women than the industry as a whole.
Erika Watson's insight:

Women own around 15% of SET ventures, but are just 5-10% of those being primed in SET accelerators.  This article discusses why that's the case, concludes: culture and (often subtle) discrimination. 

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Are VCs edging women out of our tech revolution? | IT PRO

Are VCs edging women out of our tech revolution? | IT PRO | Supporting women in business | Scoop.it
Baroness Martha Lane Fox says web hasn't helped women get into technology
Erika Watson's insight:

Excerpt: "Baroness Lane Fox expressed disappointment that the internet has not empowered women in technology, and instead could be said to have had the opposite effect.

“I still find that really baffling. The absence of women from the teams that are making the internet, the product designers, the coders, the engineers, [and] the absence of women in the venture capital community,” she said.

“I think it is really profoundly important because this is where the industrial revolution of our time is. If women are absent from it I think we will go back in time.”



Read more: http://www.itpro.co.uk/strategy/25387/are-vcs-edging-women-out-of-our-tech-revolution#ixzz3odMyEM3w

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france 24 - Women entrepreneurs 'the largest emerging market in the world' - France 24

france 24 - Women entrepreneurs 'the largest emerging market in the world' - France 24 | Supporting women in business | Scoop.it
Women could create millions of jobs if the companies they founded grew at the same pace as men's.
Erika Watson's insight:

Closing the business development gap is key - in line with focus of the Charter of Women in Business. 

 

"Although women today create twice as many businesses as men in the world, they face more impediments to grow them...

"I usually summarise the problems of women entrepreneurs using three Cs,” said Cherie Blair: 

“Confidence - too often, they are told that entrepreneurship is not for them. Building Capacities – education and training programs are key - and access to Capital. The Lord knows how difficult it is for any entrepreneur to get funding but for women, it's even harder," she said.

Other proposed solutions: diversified management; procurement quotas; challenging unhelpful stereotypes in the media. 

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Does it pay to train people to set up their own business? - FT.com

Does it pay to train people to set up their own business? - FT.com | Supporting women in business | Scoop.it
If there is an article of faith in public policy it is that entrepreneurship is good and more entrepreneurship is better. And what better way to encourage more start-ups than to educate fledgling entrepreneurs? There are thousands of schemes
Erika Watson's insight:

Does enterprise training work? It's such a wide field it's hard to tell.  One size doesn't fit all and we especially need nuanced approaches and initiatives for women and girls says @SkollCentre @FT http://on.ft.com/1gomgQK ;

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Call to raise female aspirations and promote equality - FT.com

Call to raise female aspirations and promote equality - FT.com | Supporting women in business | Scoop.it
Sarah Raine, 46, and Millena Edmonds, 39, have been running a styling and design company for the past four years. But despite winning high-profile clients that include Swarovski, Allegra Hicks, Toyota and Wedgwood, Studio Moxy has never grown bigger
Erika Watson's insight:

In summary syas what's holding women back is: lower levels of ambition and confidence, different objectives and issues re access to finance. 

 

Nice quote from Prof Linda Scott: 


Although the finance industry argues the reason women find it hard to get access to capital is that they choose the “wrong” industries, she doubts this is the case.

“When you look at which sectors are ‘right’ and which are ‘wrong’, you can see that they are practically labelled ‘pink’ and ‘blue’,” she says. “Women are in retail; men are in construction. Females are in gifts; males are in automotive. Ladies are in fashion; gents dominate tech. The industries align so closely to gender stereotypes that it is hard to accept this as an objective judgment.”

When you look at which sectors are ‘right’ and which are ‘wrong,’ you can see that they are practically labelled ‘pink’ and ‘blue’

- Linda Scott

Prof Scott suspects the “right” industries are all in sectors, such technology, that are “flatly hostile towards women”.

 
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How the myth of 'lone warrior' entrepreneurs penalizes women

How the myth of 'lone warrior' entrepreneurs penalizes women | Supporting women in business | Scoop.it
New research shows women entrepreneurs face an unconscious cognitive bias that they don't have the skills and traits necessary to run successful startups.
Erika Watson's insight:

excerpts: 

respondents penalized women entrepreneurs because they systematically perceived them to be less competent and/or skilled than their male counterparts, not because they thought they were any less committed to their venture or any less likable.


The results shifted, however, when the idea that the entrepreneur was pitching was particularly novel, such as one based on a brand new product or service. In this scenario, participants consistently perceived women entrepreneurs to be more competent and skilled – and their businesses more worthy of support – than their less innovative female counterparts. By contrast, ratings of male-led ventures did not change depending on the degree of innovation, and instead were more based on participants’ willingness to tolerate risk.

This finding suggests that when a man proposes a business idea, he can typically expect others to respond on the basis of a simple risk-benefit calculation, the kind any venture capitalist might make when deciding whether to help finance a project. But when a woman proposes the same idea, she can expect others to simultaneously be looking for cues that she in fact possesses the types of skills and traits needed to make a venture a success – abilities she’s often assumed to lack because of her gender.

 

...On the bright side, my findings offer one “survival strategy” for women entrepreneurs: they may be able to mitigate the disadvantaging effects of gender bias by explicitly promoting the novelty of their venture. They may also be able to lessen disadvantage by highlighting the unique set of qualifications and experiences they bring to their project. This proactive step can help reduce any lingering uncertainties about a woman’s ability to run an enterprise.


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Why Are There So Few Women Entrepreneurs?

Why Are There So Few Women Entrepreneurs? | Supporting women in business | Scoop.it
Women are often not seen as having the skills to lead a start-up.
Erika Watson's insight:

New research on how 'entrepreneur' stereotypes disadvantage female start-ups. And what women can do. #unconsciousbias 

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Budding entrepreneurs put off by 'intimidating businesswomen'

Budding entrepreneurs put off by 'intimidating businesswomen' | Supporting women in business | Scoop.it
there is a real fear among women that starting up a business will mean coming up against the type of intimidating, high-powered businesswomen so often thrust into the media spotlight. A fifth (19%) of women told researchers that the success of some high-profile businesswomen was deterring them from becoming an entrepreneur, as they didn't feel they would have the skills to compete.

This view was most prevalent amongst women aged 18-24; with 25% of them confessing that this was a major factor in preventing them "taking the plunge" and starting a business.

Interestingly, a third (33%) of women said that the type of aggressive business behaviour showcased on TV programmes like Dragon's Den and The Apprentice was putting them off. In our study, 40% of women between the ages of 18-35 described the mentality of contestants on these types of shows as off-putting – causing them to doubt they had the ruthlessness they needed to be successful in business.

Our results were not all doom and gloom. We found that businesswomen who have bounced back from past failures to become successful are really important role models. In fact, over half (56%) of women asked said they were inspired to get into business by women who failed in their first venture but went on to build successful organisations.
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How's your little hobby? The challenge facing today's female entrepreneurs - Virgin.com

How's your little hobby? The challenge facing today's female entrepreneurs - Virgin.com | Supporting women in business | Scoop.it
My favourite personal episode was visiting a prospective accountant. Now I don’t know how it works at accountant school, but I was under the impression I was hiring him and not the other way around? Mr Accountant didn’t think so. He wanted to check if I owned a ‘real business’ or was this ‘just a nice little hobby’. One short mention of my rather serious (and albeit male) investor and suddenly I was offered a meeting with the owners of the firm. And this isn’t a one-time thing.
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Banker Saves 20,000 From Nepal to Uganda With Her Profits

Banker Saves 20,000 From Nepal to Uganda With Her Profits | Supporting women in business | Scoop.it
Amid the cloying dust, blaring car horns and beggars' wails that echo through the ancient streets of Kathmandu, Nepal, a familiar sound emerges: the strains of pop star Psy's "Gangnam Style." In front of a crowd of giggling teenagers, a 50-year-old...
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How the Belu water boss got the bottle to compete in the mainstream - Telegraph

How the Belu water boss got the bottle to compete in the mainstream - Telegraph | Supporting women in business | Scoop.it
Karen Lynch, chief executive of ethical bottled-water business Belu, talks to Emma Sinclair about how she turned the business around and why there's a gap in the market for more 'green' goods.
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Lindsay Stradley - Co-founder and CEO SANERGY - Never let the waste go to waste

Lindsay Stradley - Co-founder and CEO SANERGY - Never let the waste go to waste | Supporting women in business | Scoop.it

Lindsay Stradley, Co-Founder and CEO, Sanergy: Working at Sanergy in Kenya in franchising out low-cost toilet units to on-the-ground entrepreneurs, and then collecting the waste for conversion to fertilizer and electricity. Follow Lindsay on @LindsayStradley


Via Servane Mouazan
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What does success look like for women today?

What does success look like for women today? | Supporting women in business | Scoop.it
Recent research has shown that men are driven by power in the workplace, while women have a different idea of what makes for true success
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The Sexism of Startup Land - The Atlantic

The Sexism of Startup Land - The Atlantic | Supporting women in business | Scoop.it
Is the road to success more difficult for female entrepreneurs?
Erika Watson's insight:

Gender has a massive impact in the startup world. MIT research finds that an identical video pitch is 40% more likely to receive funding with a male, compared to a female voice over.  Another study finds that stereotypically masculine pitches - confident, stern, strong - were more likely to succeed. In the US womne own 36% small businesses and only 10% 'high-growth' businesses. 

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Why a bunch of guys and (thankfully) some girls are making an entrepreneurship boot camp for women — Exosphere Stories

Why a bunch of guys and (thankfully) some girls are making an entrepreneurship boot camp for women - Exosphere Stories - Medium
Attempting to solve the gender imbalance problem is a big goal. And one that, fortunately, a lot of people and organizat…
Erika Watson's insight:

Can targeted initiatives help solve the under-representation of women in tech-focused bootcamps? 

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Debate rages over who speaks for British business - FT.com

Debate rages over who speaks for British business - FT.com | Supporting women in business | Scoop.it
As the aftershocks of the financial crisis continue to reverberate across Europe and the debate over Britain’s membership of the EU heats up, it has rarely been so important for business to get its views across. But, who, among the many lobby groups,
Erika Watson's insight:

Business representative bodies that have the ear of Govt and the media are dominated by older, white men.  Gender stats for main bodies - IoD 15% members are female; FSB 18% of member companies are led by women only; BCC 30% of Chamber CEOs are female (no stats re members); CBI - women make up 13% of CBI committees, boards and councils). 

 

Policies are based on member surveys, which are limited and skewed by the nature of members. 

Membership fees: IoD £385; FSB £155 - £920; BCC from £599; CBI from £650. 

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Female entrepreneurs too reluctant to brag about business prowess

Female entrepreneurs too reluctant to brag about business prowess | Supporting women in business | Scoop.it
Female entrepreneurs are too modest, according to a new study by Cambridge University, despite beating their male counterparts on most entrepreneurial traits
Erika Watson's insight:
The new research also debunked the myth that you must be an “alpha type” to successfully run your own business. Greg Davies, head of behavioral finance at Barclays, commented: ‘This report is a first step towards breaking down stereotypes and artificial constructs about what it takes to be an entrepreneur. "The political and financial environment in which entrepreneurs operate is built on the false premise that all entrepreneurs are the same. This environment needs to evolve.”
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'Women Owned': can a new Walmart label boost sales for female entrepreneurs?

'Women Owned': can a new Walmart label boost sales for female entrepreneurs? | Supporting women in business | Scoop.it
Will highlighting products from women-owned companies help relieve the chain’s strained relationship with women’s rights groups?
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Female business owners – how banks can and should help

Female business owners – how banks can and should help | Supporting women in business | Scoop.it
Attracting more women into business could be a significant contributor to economic growth, and banks should be taking the lead
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The 13 Worst Pieces of Business Advice EverSwitch & Shift

The 13 Worst Pieces of Business Advice EverSwitch & Shift | Supporting women in business | Scoop.it
If you hear these words, run the other way.
Erika Watson's insight:

Some great examples of rotten and very common business 'advice'. No gender impact issue here, but more broadly if you're feeling less confident about your entrepreneurial capabilities you'll take this type of advice more seriously - and may ultimately be derailed or demotivated by it.   (The Charter for Women in Business is for business supporters who want to do better. )

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How a First-Time Entrepreneur's Kickstarter Project Landed on Toys 'R' Us Shelves in Less Than a Year

How a First-Time Entrepreneur's Kickstarter Project Landed on Toys 'R' Us Shelves in Less Than a Year | Supporting women in business | Scoop.it
Industry insiders laughed at the engineering toy for girls, but its inventor was determined to change the landscape of the 'pink aisle.'...
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Sara Horowitz: My Top 5 Tips For Social Entrepreneurs | The Next Women - Business Magazine

Sara Horowitz: My Top 5 Tips For Social Entrepreneurs | The Next Women - Business Magazine | Supporting women in business | Scoop.it
The NextWomen Social Entrepreneurship Theme. Sara Horowitz is the Founder and Executive Director of Freelancers Union and CEO of the social-purpose Freelancers Insurance Company.
Erika Watson's insight:

I love Sara's definition of social enterprise: "What I really want to see develop is an entirely new economic model, one that weaves together companies, entrepreneurs, workers, and other organizations favoring long-term sustainability over short-term profit."

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Annabel Kaye's comment, March 7, 2013 10:16 AM
Fabulous, we are working hard to create framework agreements that are fair to both parties and don't accidentally create employment relationships - it is tougher than you think to be clear and appropriate..
Erika Watson's comment, March 7, 2013 4:22 PM
But worth aiming for!
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Housekeeping franchise takes on six new female business owners in six weeks | Startups

Housekeeping franchise takes on six new female business owners in six weeks | Startups | Supporting women in business | Scoop.it
Bright & Beautiful’s women only service builds 30-strong franchise network
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