Saturday, June 24, 2023

Invest In Women Entrepreneurs Is a Smart Business Decision

Ecem Altıok is Investment Director at Yıldız Ventures, Gözde Tech Ventures, and Yıldız Holding, where she oversees Venture Capital (VC) and Corporate Venture Capital (CVC) investment and portfolio management activities, was recently asked:  Why do you think it is important to invest in women entrepreneurs?

Investing in women entrepreneurs is not only a matter of gender equality but also a smart business decision. Women entrepreneurs bring unique perspectives, creativity, and problem-solving skills to the table. They often identify market gaps and consumer needs that may have been overlooked, leading to innovative business ideas and solutions. It also has a multiplier effect, as women tend to invest back into their communities, creating job opportunities and driving social impact. By supporting women-led businesses, we contribute to building a more equitable and sustainable future.

Overall, investing in women entrepreneurs is not only the right thing to do but also a strategic investment that can yield substantial returns and foster economic empowerment for women.

Read the entire interview here.

Saturday, June 17, 2023

How to Overcome Obstacles as Women Entrepreneurs

Overcoming obstacles is key to being a successful female entrepreneur.  Unequal access to capital is a significant obstacle for female entrepreneurs, but it is just one of many unique challenges faced.

Here are four tips – a deeper dive – to help you navigate challenges, foster resilience and thrive in business.

  1. Build a support network
  2. Own accomplishments
  3. Create work/life balance
  4. Overcome self-doubt

To read the entire article, which includes funding options, federal contracts, business loans, and alternative financing, visit here.

Saturday, June 10, 2023

Grameen America Helps Low-Income Women Business Owners With Loan Capital and Credit-Building

Grameen America is the fastest growing nonprofit microfinance organization in the United States. Atlanta is the 25th U.S. city where the fund has set up operations. The new Grameen America Atlanta office is being funded through partnerships with The Studio@Blue Meridian, Truist Foundation, Investor and philanthropist Robert F. Smith and Regions Bank which donated $1million. 

What does Grameen America do?

Grameen America provides low-income women business owners with loan capital, financial education, asset- and credit-building, and peer support. Since 2008, Grameen America has reached more than 170,000 women living in underserved communities across the United States and recently achieved a record milestone of investing over $3 billion in capital to emerging entrepreneurs. The organization’s repayment rate is over 99% and its members have achieved an average credit score of 653 through participation in the program.

Atlanta is known for its strong women entrepreneur base, so it was a natural that the organization would eventually set up shop here. The fund started making inroads into the metro area in June 2022.

Learn more about the plans for Grameen America and women entrepreneurs

Saturday, June 03, 2023

Books. Biometrics. Beauty Products. Women Continue To Break Records in Entrepreneurship

These 100 female entrepreneurs, executives and entertainers made their fortunes in every conceivable way.  But hard work was the real underlying strength that got them to where they are today. 

Bolstered in part by a rebound in the stock market, they are cumulatively worth a record $124 billion, up nearly 12% from a year ago. Building supply distributor Diane Hendricks remains No. 1 for the sixth year in a row, with a $15 billion net worth. Showrunner Shonda Rhimes and Insitro CEO Daphne Koller, whose firm is using AI to develop drugs more quickly, are among the eight newcomers.

Check out these self-made women who are taking the world by storm.