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Women's empowerment in the new startups

Women's empowerment in the new startups
Wednesday, 2 May 2018

Today advancing gender equality and women's empowerment is a central theme, even in the business world.

Although there have been positive impulses and progress at the social, economic and political level, the tangible change towards gender equality has proved to be slow and minimal, and women's entrepreneurship was no exception [1]. 

As reported Women in Technology Leadership report 2018 by Silicon Valley Bank (SVB), In United States there has been no lots of progress last years: 71% of startups do not have women on the boards. [2] In short, the data seem to indicate that today startups are making slow progress in achieving gender parity, despite the studies among companies and startups show the positive correlation of company performance with female leadership.So how can we support and promote women's presence in companies? A change of pace is necessary.

This question was answered by Roshawnna Novellus, founder of an all-female crowd funding platform EnrichHER. The platform was created to provide funding opportunities for female businesses, providing them with the necessary capital to build their enterprise. In her interview with Brandon Andrews, contributor of Black Enterprise she said: “I believe that I’m fulfilling my purpose. I believe that providing capital for women-led businesses provides economic empowerment, inclusive economic growth, and overall gender equality. As the number of sustainable women-led businesses increases, society as a whole will benefit from inclusive job growth." (Roshawnna Novellus) [3]

There is an opportunity to change and must be seized, it represents a collective issue that requires a collective solution.

Gender equality is a critical success factor for the development of small, medium and large companies and startups and we all need to change the pace starting from our business, beyond the principles of equality, protection of rights and equal opportunities.  [4]

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