building a women's enterprise movement: observations and lessons learned

On Building a Women’s Enterprise Movement: The Importance of Waves and Tides Julie R. Weeks President & CEO Womenable

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This 28 minute presentation was made at a strategy session discussing building a women's enterprise movement in the UK. It draws upon experiences and lessons learned in the US.

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Page 1: Building a Women's Enterprise Movement: Observations and Lessons Learned

On Building a Women’s Enterprise Movement:

The Importance of Waves and Tides

Julie R. WeeksPresident & CEO

Womenable

Page 2: Building a Women's Enterprise Movement: Observations and Lessons Learned

The Three Waves of Women’s Enterprise Development in the US

1. INFORMATION: Dawning Awareness

2. FORMATION: Finding Our Voice

3. TRANSFORMATION: Shaping Our Future Ourselves

Page 3: Building a Women's Enterprise Movement: Observations and Lessons Learned

Page 4: Building a Women's Enterprise Movement: Observations and Lessons Learned

Wave II: The Formation of a Women’s Business “Movement”

▲1974: Equal Credit Opportunity Act

▲1975: NAWBO founded

▲1978: President’s Interagency Task Force on Women’s Entrepreneurship

▲1986: White House Conference on Small Business

Page 5: Building a Women's Enterprise Movement: Observations and Lessons Learned

WBO Act of 1988: The “Big Bang” of Women’s Entrepreneurship

H.R 5050

Page 6: Building a Women's Enterprise Movement: Observations and Lessons Learned

Building Momentum Takes TimeConsider the Example of US WBCs

# o

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Data courtesy of US SBA

Year

Page 7: Building a Women's Enterprise Movement: Observations and Lessons Learned

Data, Data, Data

▲Highlight gaps

▲Chart progress

▲Bust myths

▲Tell stories

Page 8: Building a Women's Enterprise Movement: Observations and Lessons Learned

Messages Matter: The Value of Soundbites

“Women-owned firms are just as financially sound and creditworthy as the average US firm.” ~ NFWBO, Breaking the Boundaries report, 1995

Page 9: Building a Women's Enterprise Movement: Observations and Lessons Learned

The Importance of “Champions”

▲Early support: a leap of faith

▲Often ephemeral

▲Pack mentality

▲Symbiosis

Page 10: Building a Women's Enterprise Movement: Observations and Lessons Learned

Succession & Spin-offs

Page 11: Building a Women's Enterprise Movement: Observations and Lessons Learned

Building the Ecosystem:Many Hands Make Light Work

Public sector policies and programmes

Foundation: Fact-based information to provide knowledge, support action, cement partnerships

Private sector partners: corporations, educators,

civil society

Women business owners & their associations

Page 12: Building a Women's Enterprise Movement: Observations and Lessons Learned

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