The Global Entrepreneurship Summit (GES) is all set to put the spotlight on women through its theme Women First, Prosperity for All. As the platform that empowers women entrepreneurs SheThePeople.TV spoke to entrepreneurs across India about what there biggest challenges were.
Funding remains a key challenge for women. It's not so much about getting the final lot of money but about how to go about it. Access to funds, the right platforms and right investors is where the gaps are.
In the absence of many networks, relationship building platforms, women find themselves trapped in small regional spaces. SheThePeople.TV recently spoke to women in Bangalore of which one said, "we have no dearth of technical knowledge or sources to get that but what we need is to tap a network of women and learn from real experiences."
Mentorship & Incubation
There is a gap in mentorship and sponsorship for women at work. Additionally for women entrepreneurs the same is reflected through the challenges of lack of female-focus in incubation centres. So why do women need specific kind of incubation approach. "The business model and advise must come on merit. Nonetheless, incubation centres need to have an approach that's conscious of biases, problems women face and their real world challenges of maternity and mobility," said another entrepreneur in our survey.
Women entrepreneurs in India are central to the country’s StartUp boom. They are redefining the way India does business & grows its reach. From ecommerce to social impact, women are pairing intellect, business acumen and their special skills to transform economic growth. However they are challenges they face – sometimes as gender discrimination and at other times for scaling up, growth and mentorship.
Could GES have answers?
GES has connected top entrepreneurship talent with investors and startup ecosystems across the globe to innovate the world’s most exciting solutions.
In partnership with the Government of the United States of America, NITI Aayog is proud to host the eighth annual Global Entrepreneurship Summit in India from November 28-30, 2017. The Summit will be addressed by The Hon’ble Prime Minister of India, Shri Narendra Modi. The US delegation will be led by Ms. Ivanka Trump, Advisor to President Trump.
Since the inception of GES in 2010, it has traveled across the world from Washington D.C. to Istanbul, Dubai, Marrakech, Nairobi, Kuala Lumpur, Silicon Valley, and now finally Hyderabad! This year is the first time GES will be hosted in South Asia, and the event will highlight India’s enabling environment for innovation and entrepreneurship – including actions by the government to increase the ease of doing business, eliminating unnecessary regulations, and supporting startups.
At GES 2017, over 1500 attendees, including entrepreneurs, investors, educators, government officials, and business representatives will represent the full measure of entrepreneurial talent from diverse backgrounds across our nation and the world. Through networking, mentoring and workshops, the GES empowers entrepreneurs to pitch their ideas, build partnerships, secure funding, and create innovative products and services that will transform societies for better tomorrow.
GES 2017 will create an environment that empowers innovators, particularly women, to take their ideas to the next level. Women represent tremendous promise for economic growth and prosperity -- but in both developing and developed countries, also face tremendous barriers to building businesses. This year’s theme is “Women First, Prosperity for All” to celebrate entrepreneurial spirit in all its strength, diversity, and entirety. The 2017 GES intends to inspire innovative initiatives, forge new collaborations across countries, and increase economic opportunities, particularly amongst women. Ivanka Trump, Advisor to the president, will lead the U.S. delegation to elevate women’s entrepreneurship globally.