Indian Women Entrepreneurship thrives on vision
Entrepreneur News:
A recent study unravels the climatic situations that lead to women entrepreneurship. As we at Way2World have always claimed that Women Entrepreneurship positively flourishes the society. As per the study conducted by the personal computer maker Dell, the nation of billions is a thriving place for fostering women entrepreneurship. The study conducted at three conducive climes across the UK, US and India suggested that our country is far more ideal place to flourish for women entrepreneurship.
“According to the study commissioned by Dell, we have found the ideal country for a woman starting a business in 2012 could well be India,” Dell chairman (global emerging markets) and president (Asia Pacific) Amit Midha said.
The initiative by the Dell Women’s Global Entrepreneurship Study screened across the three countries and spoke to almost 450 women entrepreneurs. The survey conducted by the research firm Penn Schoen Berland suggests that Indian Women entrepreneurs had more vision and confidence of development in comparison to their counterparts globally. In spite of the hardships in the present financial scenario our women expressed optimism of development. Their confidence was very much evident when nearly 90 percent growth was expressed by Indian women entrepreneurs while the women in US proposed 50 percent and in UK only 24 percent. As per technologies usage nearly 90 percent Indian relied on this for their day-to-day operation, while in US only 80 percent and in UK only 70 percent. This only goes to prove that women in the country are becoming more and more tech savvy.
The only hitch the women all over expressed was the availing of seed funds from banks. Unlike their male counterparts approaching banks was not their cup of tea, probably due to whatever reasons. “Women across geographies struggle to get funds for their business. The difference between funding issues between them and the male entrepreneurs is that they have issues even in approaching for funds,” Dell’s chief marketing officer Karen Quintos said.
The easiest way to mobilize funds for the women entrepreneurs in UK was through friends, in US from family and in India women resorted to angel investors and mentors. As per the study Indian women entrepreneurs needed an average of $9,376 in start-up capital for business, compared to $8,060 required in the UK and $19,985 in the US, the study said.
Women entrepreneurship was the main topic that was discussed at the third Indo-US Strategic Dialogue and the two countries wanted to find ways to foster the same.