Supporting Women Entrepreneurs Drives Economic Growth
Kimani Patrick
CEO at Carlstic, Actively Recruiting Top Talent | Thrill Seeker & Rookie Adventurer
The entrepreneurial landscape has historically been challenging for women, with less than 10% of venture capital dollars going to companies with female founders. This statistic is particularly disheartening when considering studies showing that women-led businesses often yield higher returns on investment.
Despite these promising figures, banks and financial institutions still perceive women as riskier borrowers compared to men.
This disparity contributes to men being nearly twice as likely to start businesses as women. For instance, in 2016, only 36% of all businesses in the United States were owned by women, as highlighted by a Huffington Post article.
Even with significant progress towards gender equality and numerous initiatives aimed at supporting women in business, many barriers remain. Most women-owned enterprises continue to operate in low-profitability and low-growth sectors.
Supporting women and empowering them to reach their full economic potential is not only a matter of equality but also a global economic imperative. By achieving gender parity in entrepreneurship, the global GDP could increase by a staggering $28 trillion by 2025.
To address these issues and foster a supportive environment for women entrepreneurs, The Carlstic Group Ltd is proud to partner with TIE EVENTS to present Fund Her Biz. This event will take place on Friday, August 9, from 9 AM to 1 PM at the Sarit Expo Centre .
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Fund Her Biz is more than just an event - it's a movement to inspire, educate, and empower women entrepreneurs to break barriers and achieve greater success. The event will feature insightful sessions, networking opportunities, and expert panels designed to provide valuable resources and guidance.
Join us in this empowering initiative to support women entrepreneurs and drive economic growth. Be part of a community that values and invests in the future of women in business.
Register now to attend Fund Her Biz and take a step towards creating a more inclusive and prosperous entrepreneurial landscape.
Let’s support women to not only dream big but to achieve even bigger. Together, we can create a thriving ecosystem where women entrepreneurs can flourish.
Event Details:
We look forward to seeing you there!
Finance Manager || Financial Planning & Analysis, Financial Reporting, Grants Management || ? I help Developmental Organizations Streamline Financial Processes and Improve Donor Relationships.
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