Joanna Invests’ Post

The best part of being in academia is that you can contribute to changing the world, starting by describing and understanding it. My colleague Sergio Paramo-Ortiz and I started a research project to look into a new trend in the entrepreneurial world: women supporting women and removing the barriers they tend to face while starting ambitious ventures. That is what the team of Joanna Invests is already doing, and we want to understand what is different about the network they are developing in the entrepreneurial financing scene. Here is a blog post that gives a sneak peek into it: Department of Organization, Strategy & Entrepreneurship - Maastricht University #Academia#Research#Entrepreneurship#WomenSupportingWomen#MaastrichtUniversity

 Global Entrepreneurship Monitor 2023-4 Women’s Entrepreneurship Report is celebrating its 25th Silver Anniversary, and highlights these important trends: 1) Women’s startup activity rates have risen from 6.1% between 2001-5 to 10.4% in 2021-3 across 30 countries. While 1 in 10 women started new businesses compared to one in eight men, several countries such as France, the Netherlands and Hungary saw women’s startup rates more than double over the past two decades. However, high-income countries continue to report the lowest rates of women’s startup activity and display the largest gender gap. 2) Women’s established business ownership rates across the 30 countries have also gone up from 4.2% to 5.9%, especially increasing in South Korea, Saudi Arabia, Lithuania, Puerto Rico and Thailand. 3) Entrepreneurial perceptions among women have improved significantly over 20 ears, with a 79% increase in perceived business opportunities and a 27% increase in startup skills. Fear of failure rates have also risen by over half among women Find out more here: https://lnkd.in/gXeHQeWe PS: I've been serving the #CartierWomensInitiative a community >300 impact & for-profit women entrepreneurs across >70 countries for over 17 years, as a community activator and former jury member. #GEM #WomenEntreprenuership

Women's #Entrepreneurship: Navigating the small business innovation research journey. Tune in to USPTO’s fireside chat about the role of women driving technological advancements and innovation within the Small Business Innovation Research ecosystem, from proposal to commercialization. You don’t want to miss this virtual event! Register HERE and become inspired on November 21: https://buff.ly/3ZgUj5S #SmallBusinessTips #‎StartUp #womenentrepreneurship @USPTO

The latest global entrepreneurship monitor (#GEM) report shows that #Scotland has reached new milestones with #female and #minority_ethnic early-stage #entrepreneurial activity. 8.6% of working-age women were recorded as running or setting up a new business in 2023 compared with 9.8% of men, something the report describes as "statistical parity". This compares with 7.2% of women and 10.5% of men in 2022. The report, compiled by the University of Glasgow, The University of Edinburgh and University of Strathclyde found 300,000 people in Scotland were engaged in early-stage entrepreneurial activity in 2023. https://lnkd.in/e6-w4BWK

Fueling Female Entrepreneurship: Michigan’s Innovation Landscape Michigan’s entrepreneurial landscape is alive with potential, poised to become a hub of innovation and economic growth. With its rich resources and commitment to research and development (R&D), the state offers a promising environment for women entrepreneurs to thrive and succeed. However, to fully harness its entrepreneurial prowess, targeted state action and support are essential. Michigan boasts a robust infrastructure for fostering entrepreneurship, evidenced by its significant investments in R&D and its status as the 6th largest state in the country in terms of patents issued. The state also boasts a strong presence of science and engineering occupations, providing a solid foundation for innovation and technological advancement. Despite these strengths, there remain opportunities for growth and enhancement within Michigan’s entrepreneurial ecosystem. One such opportunity lies in the need to more effectively transition R&D efforts into the establishment of new startups. Additionally, stimulating investor activity and expanding the capital pool are crucial steps towards fueling entrepreneurial ventures and driving economic prosperity. #WomenEntrepreneurship #MichiganInnovation #StartupSupport #EmpoweringWomen Read my article SheatWork - https://shorturl.at/DGQT1

In this article, Samuel Allcock highlights a critical imperative for the future of entrepreneurship and innovation: equitable innovation to funding methods. Ask any underprepresented founder and they will be able to list off half-a-dozen mechanisms in the funding machine that simply don't work for them, for various reasons. However, to the majority who receive and provide funding (read: white and male, according to statistics) simply don't see those barriers because they don't experience them. Any new funding models need to be innovated equitably, by engaging in the innovation the people we need so desperately to fund, in order for us all to benefit from the full breadth of novel solutions to today's greatest challenges. #EquitableInnovation #EquitySequence

Women Are Leading the Startup Revolution! 🚀👩💼 Nearly half of all startups in the U.S. are led by women, showcasing a significant shift in the entrepreneurial landscape. These women are breaking barriers and driving innovation across various industries. Their contributions are not only expanding opportunities but also reshaping the business world with fresh perspectives and dynamic approaches. This growing trend highlights the crucial role women play in shaping the future of entrepreneurship and business. Empower your startup with expert support—contact InConsulting Inc. today! 📞 (425) 880-5996 #womeninbusiness #startupsuccess #femaleentrepreneurs #womenleaders #entrepreneurship #businessinnovation #womenintech #startuplife #femalefounders #businessgrowth #entrepreneurmindset #womenentrepreneurs #startupcommunity #businessleaders #womenempowerment #innovation #entrepreneurtips #startupjourney #womenstartups #businessdevelopment

What advice do you have for women who are considering entrepreneurship? I was asked this question in a recent interview and want to share my response: 1. Don’t let the stats intimidate you.  Though women founders still receive only 2% of VC funding, they “tend to build businesses that generate more revenues, create higher job growth, dream bigger, and execute better.” (sources below) Also, venture investment isn’t the only source of funding. I recommend this HBR interview with the founder of ButcherBox:  Why Entrepreneurs Don’t Need Venture Capital to Scale https://lnkd.in/enewcc_a 2. Don’t wait until you have all the details worked out.  Research shows that “women are less likely to apply for jobs unless they meet every single qualification.” I have personally seen this “lack of overconfidence” in women with great startup ideas who feel they won’t qualify as entrepreneurs until they have sorted all the details. However, it’s impossible to figure out all the details until you start on your entrepreneurial journey. I love this Chinese folk saying: crossing the river by touching the stones. I may be hijacking the concept, but it resonates with my startup experiences. The only way to find the way is to start crossing, even if you don’t know where the stones are, because you will find them as you cross. All you need to start a company is a declaration: I’m launching a company to address problem X. With that you are a founder, and you have a platform for building your company. A platform enables people to find you, to support you. It gives you an excuse to reach out to new people, to join industry events, to spend all your time on your new business. 3. You will regret not doing it. Personally I have never met an entrepreneur, successful or not, that regretted starting their own business. But I have met many people who regret not pursuing an idea they thought was great. Being an entrepreneur is empowering, the greatest opportunity to see how far you can go. No one can box you in, no one can hold you back. And then there are the skills - business skills, people skills, life skills - that are invaluable and can only be learned on this journey. To the other founders out there, men, women, and non-binary, what advice do you have? Kala Fleming Jonathan Nohr Anne Dumesges 🔺 杜欣安 Jean-Elie Aron Tori Bell Cora Castle Rob Waterworth Garry Johnson III Sources: Women founders and venture capital – some 2023 snapshots https://lnkd.in/exHzA6gm Why Women Entrepreneurs Outperform Men https://lnkd.in/e8PXZipU Breaking Through the Self-Doubt That Keeps Talented Women from Leading https://lnkd.in/efahwjkU

⚡ Special Support for 'Women Entrepreneurs' from the Family - Special support for 'Women Entrepreneurs' from the Ministry of Family and Social Services within the Scope of the Global Clean Technologies Entrepreneurship Program