Challenges and Opportunities for Women Engineers and Entrepreneurs During Lockdown
Women engineers and entrepreneurs face challenges and opportunities during lockdown, with a significant impact from the COVID-19 pandemic. Statistics show the global presence of women in entrepreneurship, along with the gender gaps in various sectors. The pandemic has negatively affected women entrepreneurs, leading to a call for financial support and HR management. Strategies like pivoting, adapting, and utilizing online opportunities are suggested for business resilience. The need for long-term planning, work-life balance, and concrete actions to promote female entrepreneurship is emphasized for sustainable change and support.
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Women Women Engineers Engineers and Entrepreneurs: Entrepreneurs: Challenges and Challenges and Opportunities facing facing Lockdown and Opportunities while Lockdown while Betty Bonnardel CEO, AB5 Consulting 26 may 2020
Before Before 252M female entrepreneurs worldwide for a total of 400M business women Women entrepreneurs are more likely present in retail/government/health/education and social services Largest gender gaps in agriculture, mining and ICT Female-founded businesses accounted for only 21% of deals in 2019 in the UK Source: https://www.prnewswire.com/news-releases/more-than-250m-women-worldwide-are-entrepreneurs-according-to-the-global-entrepreneurship- monitor-womens-report-from-babson-college-and-smith-college-300960196.html & https://www.forbes.com/sites/davidprosser/2019/12/10/women-entrepreneurs-still-missing-out-on-funding/#4ce1f6802152
During During Survey from Cherie Blair Foundation for Women around the globe 93% negatively impacted by COVID-19 (access to customers, reduction in services, supply chain impact) Immediate need for financial support, HR management Source: https://tribune.com.pk/story/688029/the-super-woman-syndrome-a-new-age-dilemma/?amp=1 & https://cherieblairfoundation.org/app/uploads/2020/05/ impact-of-covid19-on-women-entrepreneurs-in-low-and-middle-income-countries-report-1.pdf
What What may may help help your your business? business? Pivoting, adapting and re-purposing in the short term Long-term anticipation if possible Use of online opportunities Business resilience and risk planning Health and wellbeing Source: https://www.prnewswire.com/news-releases/more-than-250m-women-worldwide-are-entrepreneurs-according-to-the-global-entrepreneurship- monitor-womens-report-from-babson-college-and-smith-college-300960196.html & https://www.forbes.com/sites/davidprosser/2019/12/10/women-entrepreneurs-still-missing-out-on-funding/#4ce1f6802152
After After A sustainable change of habits? A need to (re)define work-life balance? A definite need for more concrete actions to promote female entrepreneurship and support women through connectivity and access to online support