What is it about?

Participation of women in Start-Up Chile acceleration program for national and international entrepreneurs. We conducted this study to assess challenges and progress of women entrepreneurs as emerging development in the technology industry and focusing on their skills and fundraising as condition for success. The study followed 15 women start-up founders in the tech industry who raised capital after participating in the accelerator Start-Up Chile. Degree of fundraising success correlated with volume of capital needs to start up the venture, the women founders' networks, and personal traits.

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Why is it important?

The number of women entrepreneurs is growing at an exponential rate around the world in developed and developing countries. Our study shows that entrepreneurship is a form of work women prefer to earn an income using personal skills that are more congruent with their life styles and multiple responsibilities and challenges they face to integrate work and family aiming to attain optimize their wellbeing, ("The Wellbeing of Women in Entrepreneurship. A Global Perspective" (2020), Lepeley, Kuschel, Beutell, Pouw, Eijdenberg, (eds), Routledge). The study help women entrepreneurs, governments, development specialists and policy makers understand the barriers women entrepreneurs face to raise capital to start-up business enterprises.

Perspectives

Personally, my aim is to make women entrepreneurs in technology visible, to tell their stories and dispel the myths around women doing business in male-dominated fields.

Dr. Katherina Kuschel
CENTRUM Graduate Business School & Pontificia Universidad Católica del Perú

Given the increasing effects of women's participation in the labor force, added to their critically important but until now seldon accounted for "Multiplier Effect" (ME) accrued from their positive impact on families, the education of their education and society at large, studies of this nature aimed to increase the participation and wellbeing of women entrepreneurs in all industries, but particularly in the tech industry, are essential to advance economic growth aligned with sustainable and inclusive development (Lepeley, 2020).

Maria-Teresa Lepeley
Global Institute for Quality Education GIQE USA

Read the Original

This page is a summary of: Funding challenges of Latin American women start-up founders in the technology industry, Cross Cultural & Strategic Management, May 2017, Emerald,
DOI: 10.1108/ccsm-03-2016-0072.
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