{"id":18710,"date":"2024-04-03T10:46:10","date_gmt":"2024-04-03T10:46:10","guid":{"rendered":"https:\/\/reinvantage-dev.eonserver.com\/?p=18710"},"modified":"2024-04-03T10:46:10","modified_gmt":"2024-04-03T10:46:10","slug":"women-on-top-how-we-can-empower-female-entrepreneurs-in-eastern-europe-the-caucasus-and-central-asia","status":"publish","type":"post","link":"https:\/\/reinvantage-dev.eonserver.com\/?p=18710","title":{"rendered":"Women on top: How we can empower female entrepreneurs in Eastern Europe, the Caucasus and Central Asia"},"content":{"rendered":"\n<p><strong>A new report from Emerging Europe is a testament to the indomitable spirit of women entrepreneurs across the region and a roadmap for stakeholders to champion the cause of female entrepreneurship across the globe.<\/strong><\/p>\n\n\n\n<p>Produced in partnership with the She&#8217;s Next Empowered by Visa initiative, <a href=\"https:\/\/shesnext.emergingeurope.org\/report\/\">a major new report from Emerging Europe<\/a> has revealed several&nbsp;key insights into the state of female entrepreneurship across Eastern and Southeastern Europe, Central Asia, and the Caucasus. &nbsp;<\/p>\n\n\n\n<p>This comprehensive research sheds light on the aspirations, hurdles, and triumphs of women entrepreneurs in these vibrant regions, highlighting a path forward towards greater economic inclusion and prosperity.&nbsp;<\/p>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-background has-cyan-bluish-gray-background-color has-cyan-bluish-gray-color is-style-wide\"\/>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/emerging-europe.com\/news\/the-last-word-only-by-empowering-women-can-we-develop-truly-transformative-disruptive-innovations\/\">Only by empowering women can we develop truly transformative, disruptive innovations<\/a><\/li><li><a href=\"https:\/\/emerging-europe.com\/news\/supporting-ukraines-innovative-women-is-good-business-for-all-of-europe\/\">Supporting Ukraine\u2019s innovative women is good business for all of Europe<\/a><\/li><li><a href=\"https:\/\/emerging-europe.com\/news\/gender-quotas-eliminate-barriers\/\">\u2018Gender quotas eliminate barriers\u2019<\/a><\/li><\/ul>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-background has-cyan-bluish-gray-background-color has-cyan-bluish-gray-color is-style-wide\"\/>\n\n\n\n<p>Central to the report is the recognition of women&#8217;s strong entrepreneurial spirit. &#8220;Women want a better life, and their own company is a means to achieve this goal,&#8221; the report notes, highlighting the drive for financial independence, personal fulfillment, and the pursuit of dreams as key motivators for women embarking on their entrepreneurial journeys.&nbsp;<\/p>\n\n\n\n<p>This entrepreneurial drive is further amplified by a commitment to hard work, perseverance, and a positive outlook towards future opportunities.&nbsp;<\/p>\n\n\n\n<p>\u201cIn this research, we wanted to explore female entrepreneurship as deeply as possible and understand all potential obstacles that might influence the businesses and start-ups women create in eleven countries of Eastern and Southeastern Europe, Central Asia and the Caucasus,\u201d says Andrew Wrobel, founding partner of Emerging Europe. &nbsp;<\/p>\n\n\n\n<p>\u201cWe also wanted to understand their particular needs, as well as potential solutions that could empower them and help their businesses thrive and grow internationally.\u201d&nbsp;<\/p>\n\n\n\n<h5 class=\"wp-block-heading\">Educational advancement as a catalyst for growth&nbsp;<\/h5>\n\n\n\n<p>The report, published this week, reveals a striking correlation between the level of education and the success rate of female entrepreneurs. &nbsp;<\/p>\n\n\n\n<p>Emerging Europe\u2019s research underscores education as a crucial lever for scaling businesses, with those attaining higher educational levels more likely to helm successful ventures. &nbsp;<\/p>\n\n\n\n<p>This finding spotlights the critical role of education in empowering women to break through the entrepreneurial ceiling and achieve greater heights.&nbsp;<\/p>\n\n\n\n<p>\u201cAny woman can start a small business, but when it comes to scaling up our research suggests that the higher the level of education, the more successful the female entrepreneur will be,\u201d says Wrobel.&nbsp;<\/p>\n\n\n\n<h5 class=\"wp-block-heading\">Bridging the gender gap&nbsp;<\/h5>\n\n\n\n<p>The report also finds that despite their optimism and resilience, women entrepreneurs continue to navigate a landscape marred by gender discrimination, particularly in male-dominated industries. &nbsp;<\/p>\n\n\n\n<p>Cultural norms and societal expectations pose significant challenges in many countries, often hindering women&#8217;s full participation in the entrepreneurial ecosystem. &nbsp;<\/p>\n\n\n\n<p>The report calls attention to the persistent gender gap, advocating for targeted interventions to support and uplift female entrepreneurs.&nbsp;<\/p>\n\n\n\n<p>In the face of these challenges, female entrepreneurs are not deterred. Instead, they leverage their strengths\u2014motivation, creative thinking, and a robust work ethic\u2014to carve out niches for themselves and their businesses. &nbsp;<\/p>\n\n\n\n<p>Networking emerges as a vital strategy, enabling women to connect, share experiences, and foster collaborative opportunities that transcend geographical and cultural boundaries.&nbsp;<\/p>\n\n\n\n<p>\u201cThrough motivation, hard work, self-discipline, persistence, creative thinking, risk-taking, confidence, continuous learning, and valuable professional relationships, women refuse to give up,&#8221; the report emphasizes. &nbsp;<\/p>\n\n\n\n<p>This resilience, coupled with an inherently optimistic outlook, propels women entrepreneurs towards exploring new opportunities and markets, even in the face of uncertainty.&nbsp;<\/p>\n\n\n\n<h5 class=\"wp-block-heading\">The path to empowerment&nbsp;<\/h5>\n\n\n\n<p>The She&#8217;s Next report serves as both a reflection on the state of female entrepreneurship and a call to action. It advocates for greater access to education, financial resources, and networking opportunities as essential ingredients for fostering a more inclusive and equitable entrepreneurial landscape. &nbsp;<\/p>\n\n\n\n<p><a href=\"https:\/\/shesnext.emergingeurope.org\/\">The She\u2019s Next digital community platform<\/a>, a key part of the initiative, takes these efforts to empower female leaders and entrepreneurs to a new level.&nbsp;<\/p>\n\n\n\n<p>\u201cHaving extensively researched the real needs and struggles of businesswomen, we have created a space where they can find endless opportunities in one place,\u201d says Cristina Doros, Visa Senior Vice President and Group Country Manager for 17 countries.\u00a0<\/p>\n\n\n\n<p>By shining a spotlight on the unique challenges and needs of women entrepreneurs, the initiative aims to catalyse change, promoting gender equality and economic prosperity in emerging regions.&nbsp;<\/p>\n\n\n\n<p>By highlighting the specific needs and challenges faced by women entrepreneurs meanwhile, the initiative sets the stage for a more inclusive and equitable entrepreneurial landscape, while bringing to the fore the remarkable tenacity of Eastern Europe, the Caucasus and Central Asia\u2019s female entrepreneurs in the face of many challenges. &nbsp;<\/p>\n\n\n\n<p>As one business owner puts it, \u201cIf you send me to space tomorrow, no problem. I can develop a business from there.\u201d&nbsp;<\/p>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-background has-cyan-bluish-gray-background-color has-cyan-bluish-gray-color is-style-wide\"\/>\n\n\n\n<p><em>Photo by <a href=\"https:\/\/unsplash.com\/@beccatapert?utm_content=creditCopyText&amp;utm_medium=referral&amp;utm_source=unsplash\">Becca Tapert<\/a> on <a href=\"https:\/\/unsplash.com\/photos\/group-of-women-facing-backward-u5e1kqW6E3M?utm_content=creditCopyText&amp;utm_medium=referral&amp;utm_source=unsplash\">Unsplash<\/a>.<\/em><\/p>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-background has-cyan-bluish-gray-background-color has-cyan-bluish-gray-color is-style-wide\"\/>\n\n\n\n<p><strong>Unlike many news and information platforms,&nbsp;<em>Emerging Europe<\/em>&nbsp;is free to read, and always will be.&nbsp;There is no paywall here.&nbsp;We are independent,&nbsp;not affiliated with nor representing any political party or business&nbsp;organisation.&nbsp;We want the very best for emerging Europe, nothing more, nothing less. Your support will help us continue to spread the word about this amazing region.<\/strong><\/p>\n\n\n\n<p><strong>You can contribute&nbsp;<a href=\"https:\/\/emergingeurope.krtra.com\/t\/NlQnFuOA2C9c\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a>. Thank you.<\/strong><\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><a href=\"https:\/\/emergingeurope.krtra.com\/t\/NlQnFuOA2C9c\"><img decoding=\"async\" src=\"https:\/\/emerging-europe.com\/wp-content\/uploads\/2020\/04\/copy-of-add-a-heading.png\" alt=\"emerging europe support independent journalism\" class=\"wp-image-50811\"\/><\/a><\/figure><\/div>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-background has-cyan-bluish-gray-background-color has-cyan-bluish-gray-color is-style-wide\"\/>\n","protected":false},"excerpt":{"rendered":"<p>A new report from Emerging Europe is a testament to the indomitable spirit of women entrepreneurs across the region and a roadmap for stakeholders to champion<span class=\"excerpt-hellip\"> [\u2026]<\/span><\/p>\n","protected":false},"author":1,"featured_media":18711,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[7123,6320,7124,7125,7112],"class_list":["post-18710","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","tag-emerging-europe","tag-featured","tag-shes-next-empowered-by-visa","tag-vira-platinova","tag-visa"],"_links":{"self":[{"href":"https:\/\/reinvantage-dev.eonserver.com\/index.php?rest_route=\/wp\/v2\/posts\/18710","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/reinvantage-dev.eonserver.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/reinvantage-dev.eonserver.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/reinvantage-dev.eonserver.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/reinvantage-dev.eonserver.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18710"}],"version-history":[{"count":0,"href":"https:\/\/reinvantage-dev.eonserver.com\/index.php?rest_route=\/wp\/v2\/posts\/18710\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/reinvantage-dev.eonserver.com\/index.php?rest_route=\/wp\/v2\/media\/18711"}],"wp:attachment":[{"href":"https:\/\/reinvantage-dev.eonserver.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18710"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/reinvantage-dev.eonserver.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18710"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/reinvantage-dev.eonserver.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18710"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}