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Women Entrepreneurship

Ayush Pokhrel

Entrepreneurship definition
Thecapacityand willingness todevelop, organize
andmanageabusiness venturealong with any of itsrisksinorderto
make aprofit.

The most obvious example of entrepreneurship is the starting of


newbusinesses.
Ineconomics,
entrepreneurship
combined
withland,labor,natural resourcesandcapitalcanproduceprofit.
Entrepreneurial spirit is characterized byinnovationand risktaking, and is an essential part of anation'sabilityto succeed in
an
ever
changing
and
increasinglycompetitiveglobalmarketplace.

Concept of women entrepreneurship


Women entrepreneurshipis the process
wherewomenorganize all the factors of
production, undertake risks, and provide
employment to others.
Thedefinition
of
women
entrepreneurshiphas
never
been
differentiated on the basis of sex and
hence could be extended towomen
entrepreneurswithout any restrictions.

Concept of women Entrepreneurship

Female entrepreneurs, also known


aswomen entrepreneurs,
encompass approximately 1/3 of
allentrepreneursworldwide.
Lets Assume same in case of Nepal

Reasons of becoming a female


entrepreneur
Having an idea for a business plan
Having passion for solving a specifically related career problem
Wanting to be more in control of their careers
Maintaining a more balanced life
Having a flexible work schedule
Taking a personal vision and
Turning it into a lucrative business.

Women empowerment

Half of population [target group]


Journey out of poverty
Towards equality
Bread co-owner for the family
Women empowerment and income and job
generation
Towards GDP and NI
Independent
Gender development index (134 / 156 countries)
Gender empowerment measures (86 / 93 countries)

Women Empowerment

IN NEPAL

IN NEPAL
Past 10 years women participation in
entrepreneurship is increasing
1995 Beijing Decleration Nepal increase initiatives
for women participation in entrepreneurship
Micro finance support
NGOS/ INGOs working to promote women
entrepreneurship
Government and various local communities

Women Empowerment

IN NEPAL

Legislated under Tenth Five year plan


Gender equality measures
Education and training to women in
business/Management
Maoist insurgency was barrier to
implement above legislation (even for
men it was difficult at that period)
Lack of upto date statistics in Nepal
We have no idea on exact number of women
entrepreneur

Women entrepreneur in
Nepal
Nepali women are empowered
enough and can lead big
corporations. They are waiting for
opportunities. The question is
whether the society will let them
prove their salt.
AMBIKA SHRESTHA DWARIKAS HOTEL

Women entrepreneur in
Nepal
Currently, women own about 14,300
(2014) 15000+now small and medium
enterprises in Nepal
accounting for 2 percent of GDP
(registered formal sector)
employing over 200,000 workers.

Future and challenges


Very Bright future as education on
entrepreneurship is taught in universities
and colleges
Globalization lesson to learn from global
scenario
World wide increase in women
entrepreneurship (similar increase in
Nepal)
Technological progress improves women
participation

Future and challenges


Many organizations promoting women
entrepreneurs
FEDERATION OF WOMEN ENTREPRENEURS ASSOCIATION
OF NEPAL
SAARC CHAMBER WOMEN ENTREPRENEURS COUNCIL
(scwec)
WOMEN DEVELOPMENT ADVOCACY CENTER
INDUSTRIAL ENTERPRISE DEVELOPMENT INSTITUTE (IEDI)

Challenges

Access to Finance
Risk taking ability
Access to Formal Education
Access to Networking and market
Social Expectation
Business VS family care

Worlds most powerful women


entrepreneurs
Melinda Gates
Co-chair of the Bill & Melinda Gates Foundation, Melindafocuses heavily
on philanthropy and the reproductive health of women in developing
countries. After a trip to India this year,she wrote:
If you want to unlock the most progress for the most people, start by
investing in women and girls.
Since startingtheir namesake foundation in 1998,Melinda and Bill have
committedmore than $26 billion in grants.
Oprah Winfrey - is an Americanmedia proprietor,talk show host,
actress, producer, and philanthropist.
Winfrey continues to build success, spending the fall of 2014 on her
The Life You Want a tour around the country. Her Harpo Films
production company co-produced the award-winning film Selma, and
Oprah still rakes in millions from stars like Dr. Phil and Rachael Ray.

Worlds most powerful women


entrepreneurs
Beyonc
The highest-ranked entertainer on this
years Power Women list,BeyoncsOn The
Run tour with husband Jay Z grossed over
$100 million for 19 North American shows.
Lucy Peng
One of the founders of Alibaba, Chinas
biggest e-commerce company, Pengheads
itsSmall & Micro Financial Services Group.

Worlds most powerful women


entrepreneurs
Laurene Powell Jobs wife of steve jobs
Laurene is executive and the founder of Emerson Collective, which
advocates for policies concerning education and immigration reform,
social justice and environmental conservation.
Jobs founded Emerson Collective to help under-resourced students, and in
July 2014 the organization, along with other partners,committed $50
million to helpPresident Obamas My Brothers Keeper programdesign
better high school programs.
Beth Comstock
Comstock leads GEs Business Innovations unit, which includes GE
lighting, ventures and licensing, software commercialization and
corporate marketing, sales and communication. Before GE, she oversaw
Hulus founding.

Worlds most powerful women


entrepreneurs
Sofia Vergara
Sofia is a Colombian-American actress, comedian, producer, television host, model
and businesswoman.
StarringwithReese Witherspoon in the 2015 springrelease Hot Pursuit, Vergara
landed hermost prominent big screen role to date.Shescofounded Latin World
Entertainment, a talent management and media company, andlaunched a social
networking site, NuevoWorld, to help Latino celebrities better connect with their
fans.
Arianna Huffington
Arianna is aGreek Americanauthor, syndicatedcolumnist, occasional actress, and
businesswoman.
The media mogul continues to lead thePulitzer-Prize winning Huffington Post as
editor-in-chief. Her 14thbook,Thrive: The Third Metric to Redefining Success and
Creating a Life of Well-Being, Wisdom, and Wonder,was published in 2014, and she
continues to be a nationally syndicated columnist and radio host.

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