Home > DCU Ryan Academy for Entrepreneurship, Propeller Venture Accelerator > New Supports for Female Entrepreneurs in Europe

New Supports for Female Entrepreneurs in Europe

One of the disappointing and worrying things about the applications for the Propeller Accelerator was the very low number of female entrepreneurs who applied. Indeed there is almost no female founders in the first batch of companies (one of the startups has a female Chair and that is it). This is not just an Irish or indeed European issue but exists elsewhere. It is paralleled with the lack of female participation in the senior management or directors within larger corporates.

But today the EU has started to look at some of the issues, the European Commission said it will create mentoring schemes for female entrepreneurs in at least 10 member countries to provide advice and support.The idea is expected to be modelled after the existing European Network of Female Entrepreneurship Ambassadors.

Good data on women entrepreneurs are hard to find, but throughout Europe estimates peg the percentage of female business owners below 30%. In an effort to bring more women into the workforce, the Commission is looking at ways to tackle the financial and social challenges that hinder some women from running their own businesses. For more information on this please see here.

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