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[1] [2] Coined by Barbara Orser and Catherine Elliott, entrepreneurship is viewed as a mechanism to create economic self-sufficiency and equity-based outcomes for girls and women. [ 3 ] [ 4 ] Entrepreneurial feminists enter commercial markets to create wealth and social change, based on the ethics of cooperation, equality, and mutual respect.
This poses a huge challenge for women entrepreneurs seeking financing from other women, since the number of women venture capitalists has decreased from 10% in 1999 to 6% in 2014, which is why the Diana Project argues that for increasing women-led ventures' access to capital there should be more women VCs. [23]
In 2022, Singh also won the women entrepreneur of the year award at the Indian Achiever's Forum. [12] In 2023, Singh has been awarded Champions of Change for driving social development in India. [13] [14] [15] In 2024, Singh won the Woman Entrepreneur of the Year award at the Entrepreneur Awards. [16]
The Women's University of Science and Technology, which is the first all-women's university in Kenya, allows women to access higher education and entrepreneurial training. [32] These programs have empowered women to create small to medium-size enterprises, such as tailoring and bead-making.
National initiatives to support the growth of women's business ownership include Prowess in the UK. [13] In India, supporting groups include WeConnect, [14] WEI, [15] and some specific bank-sponsored loan schemes. [16] In Europe, the Entrepreneurship 2020 Action Plan is aimed at supporting women business owners, among other initiatives. [17]
A lawyer by training, Bhatt was a part of the international labour, cooperative, women, and micro-finance movements and won several national and international awards, including the Ramon Magsaysay Award (1977), Right Livelihood Award (1984) for "helping home-based producers to organise for their welfare and self-respect" and the Padma Bhushan ...