04-03-2013, 09:56 AM
Entrepreneurship Management
Entrepreneurship Management.ppt (Size: 72.5 KB / Downloads: 204)
Women Entrepreneurs- Definition
An enterprise owned and controlled by one or more women having a minimum financial holding of 51% or more, giving 51% or more employment to women
Some Facts:
Women Constitute not only half of the World’s population but also sway the growth of the remaining half
They produce half of the world’s food supply
They account for 60% of the work force
Own less than 1% of the real estate
Profile of a typical women entrepreneur
First born child of middle class parents
Atleast one of the parents are self employed
College educated
Married
First significant venture in early 30s
Previous experience in a new venture
Desire for independence and job satisfaction
Self confident and moderate risk taker
High tolerance for ambiguity
High energy levels
Start up problems: Obtaining credit, access to information, marketing, lack of experience in financial planning, taxation, cash flow management, personnel management
Personality differences between Men & Women
In a patriarchal society like that of India, the exploitation and subjugation of women is commonplace
Women are equally achievement oriented, aggressive, independent, risk takers, self confident, hard working etc as their male counterparts
How can the problem be overcome?
Women have to go through the same stages of setting up an enterprise as do men
They face similar challenges, irrespective of gender based social impediments like social stigma, unfavorable infrastructure, support systems, etc. which block their entry and reduce their pace of growth
The need today is to help women overcome these blocks and draw maximum participation from them to set up enterprises, which will help them
Seed Money Assistance
Funds for unemployed youth and women aged 18 to 35 years, with minimum qualification- Std. VII th pass @ 10%
Maximum seed capital available Rs.5 Lakh
Assistance percent is 10% to 15% of total fixed capital, 22.5% for backward classes
Repayment period- 7 years