1 birute miskiniene project team leader final project conference 1october, 2010 tbilisi supporting...
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Birute MiskinieneProject Team leader
Final project conference 1October, 2010 Tbilisi
Supporting women entreprenuership in Georgia in the framework of EU
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Monday Tuesday Wednesday Thursday Friday
900 - 1030 EU support for SME’s
Networking and women entrepreneurship Ms.Birute Miskiniene
Support for Small business in Georgia
Mr. Boris Lezgava
Taxes and exemptions in Georgia
Mr. Levan Gogoladze
Final project conference
Metechi Palace Hotel
* special conference programme
1030 - 1045 Coffee break Coffee break Coffee break
1045 - 1215 Introduction: Defining the vision and aligning personal and business goals Ms. Birute Miskiniene, Ms.Erika Vaiginiene
Self presentation: business ideas Ms.Erika Vaiginiene
Legal Small business environment in : Marketing and sales.
Mr. Boris Lezgava
Accounting essentials for small business in Georgia
Mr. Levan Gogoladze
1215 - 1300 Lunch Lunch Lunch Lunch
1300 - 1430 Gender and leadership Ms.Birute Miskiniene
Business plan essentials
Ms.Laima Urbsiene
Legal Small business environment in Georgia
Mr. Akaki Kheladze
Business plan presentation Georgian experts
1430 - 1445 Coffee break Coffee break Coffee break Coffee break
1415 - 1615 Work and family balance
Ms.Erika Vaiginiene
Business plan development consultancy. Ms. Laima Urbsiene
Business plan development consultancy
Mr. Akahi Kheladze
Business plan presentation
Georgian and Lithuanian experts
Training programme and International conference, 27 September – 1 October, 2010 Tbilisi
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TOP 5 Barriers to women’s advancement
Stereotypes and preconceptions of women’s roles and abilities (3K)
Lack of senior, visibly successful female role models
Lack of significant general management experience
Commitment to family, personal responsibilities
Lack of mentoring
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Leadership courage
“Don’t fail. Let someone else take the risk. Be careful. Don’t make mistakes” such a philosophy is no longer beneficial……...
Courage- is ability to step forward through fear. Courage doesn’t mean the absence of doubt or fear, but the ability to act in spite of them.
A challenge
How are Women entrepreneurs different from Men
Women seem to have less « capital », which affects negatively their entrepreneurial propensity and performance
Financial capital
Human capital : education; work experience
Social capital: business contacts, networks, family social
capital
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Networking
Women need to develop their own ‘clubs” for networking and support
Personal Marketing Strategies to be become know for skills and achievements
Women supporting women in their endeavors and financially
Always behave as if you are in line for a new job or promotion-updated resume, visibility
Mentorship
Women who had mentors are almost twice as likely as other women to mentor someone
94% of women owning small businesses who have had mentors say that the experience was crucial to their success
There is significantly more mentoring of women in senior management than in small business
Women entrepreneurship in Europe
Women’s employment rates are getting close to those of men (58% vs 65% in 2007)
Yet only a third of the entrepreneurs are women, a proportion maintained over the last years that seems unlikely to change in the near future
Room for change?
Recent Statistics in Europe
59% of university graduates are women
80% of students in business administration are women
What consequences for women entrepreneurship?
THE WAY TO IMPROVEMENT
Systematic intervention should tackle:
- Contextual obstacles (i.e. running informative events and providing entrepreneurship training in schools and universities, challenging stereotypes by raising awareness on women’s contribution in entrepreneurship.)
- Economic obstacles (i.e. access to capital to develop and growth their business ideas)
- Soft obstacles: lack of access to business networks, lack of business training, role models and entrepreneurship skills.
France: The Guarantee Fund for Women
Fund’s aim
Give women entrepreneurs
access to bank financing without
engaging their personal funds
« Your project is very interesting,Mrs Dupont, if only Mr Dupont were here… »
EU women entrepreneurship issues I
In the economics of EU countries and especially in the regional policy small and medium business plays an essential role
The possibility to combine professional and family roles is very important both for women and men because it enhances flexibility in labour force, improves quality of life
Improvement of the system of social services is very important to combine professional and family life
EU women entrepreneurship issuesII
Every woman-etrepreneur contributes to the reduction of unemployment by creating new work places for women and men
However women’s business enterprises are behind from enterprises conducted by men
Gender equality –still need to be more considered
EU financial support need to be more accessible for women
Women Entrepreneurship: Conclusions
It appears that women who are employed and have built a social network of entrepreneurs are more likely to become entrepreneurs and to succeed in their business
The social and economic benefits of working are driving women’s entrepreneurship more than increased education or household income
Women’s level of optimism and self-confidence in starting a business is highly influenced by the culture and social norms of their native countries