(Pixabay.com)

(Pixabay.com)

Women entrepreneurs are finding new, creative pathways to success, despite barriers

The number of women-owned enterprises in Canada grew from 233,000 to 309,000 from 2005 to 2013

With women comprising of 28 per cent of all entrepreneurs in Canada, only a small percentage of their companies will make it successfully, according to a new study.

Brookfield Institute for Innovation and Entrepreneurship partnered with Women Entrepreneur Knowledge Hub (WEKH) to create an in-depth survey providing insight into how governments, financial institutions, business support organizations and other stakeholders involved in entrepreneurship can better equip women in finding career success.

Researchers conducted interviews with 30 entrepreneurs from B.C. to Nova Scotia, including the Northern Territories.

Surveying found that despite insufficient support from government, funders and business support organizations, women entrepreneurs have been able to find new and creative pathways that lead to success.

Main findings include that systemic barriers still persist, connected to race, social and gender factors.

Women entrepreneurs who were a part of the survey say they chose to ensure that their business or company’s growth was for their own well-being and that of others.

Another key finding is that business owners are facing difficulties in accessing financial accommodations.

Many of the women interviewed reported seeing a gap between how they convey their confidence, and being faced with the expectation that entrepreneurs are brash and arrogant.

Women said they are basing decisions about how and when to grow their companies around family planning and that doing so should make them no less successful or ambitious as others.

According to their website, WEKH is a national network and accessible digital platform for sharing research, resources, and leading strategies. With ten regional hubs and a network of more than 250 organizations, WEKH is designed to address the needs of diverse women entrepreneurs across regions and across sectors.

Like us on Facebook and follow us on Twitter.

Want to support local journalism? Make a donation here.

entrepreneur

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Desert Sun would like to house a winter shelter in the Oliver United Church. They are seeking a three year contract. (Google View)
Virtual meeting for Oliver winter shelter is tonight

Public invited to join Zoom meeting, ask questions

Penticton Secondary School has been added to the list of school exposures to COVID-19 by Interior Health. (Brennan Phillips - Western News)
BREAKING: COVID-19 at Pen-Hi

Pen Hi is the third school this week to have COVID exposures

(Google Maps)
Osoyoos Credit Union staff member tests positive for COVID-19

The credit union made the announcement Dec. 1

Elkhart Gas Station, located on Highway 97C about 60 kilometres west of Peachland, opened in November 2020. (Google maps)
The Okanagan Connector now has a gas station

The highway previously ran for over 117 kilometres without a place to fuel up

People line up at a COVID-19 assessment centre during the COVID-19 pandemic in Scarborough, Ont., on Wednesday, December 2, 2020. Toronto and Peel region continue to be in lockdown. THE CANADIAN PRESS/Nathan Denette
COVID-19 vaccine approval could be days away as pressures mount on health-care system

Many health officials in regions across the country have reported increasing pressures on hospitals

A dirt bike crash on May 18 left Kelowna’s Steven Margetts paralyzed and without work. (GoFundMe)
Kelowna man paralyzed in dirt bike crash makes plea for help

GoFundMe launched for Steven Margetts, who shares a harrowing recap of his life-changing crash

(Needpix.com)
Pandemic has ‘exacerbated’ concerns for B.C. children and youth with special needs: report

Pandemic worsened an already patchwork system, representative says

Highway 97 traffic was impacted by a crash in Lake Country Thursday morning. (DriveBC map)
UPDATE: Highway 97 cleared near Lake Country following crash

Vehicle incident between Vernon and Kelowna

A power outage on Westside Road affected thousands of residents Thursday morning. (BC Hydro map)
Power out for thousands on Westside

Outage sparked early this morning and BC Hydro crews on scene

Janet Austin, the lieutenant-governor of British Columbia, not seen, swears in Premier John Horgan during a virtual swearing in ceremony in Victoria, Thursday, Nov. 26, 2020. Horgan says he will look to fill gaps in the federal government’s sick-pay benefits program aimed at preventing the spread of COVID-19. THE CANADIAN PRESS/Jonathan Hayward
B.C. premier says province prepared to patch holes in new federal sick-pay benefits

Horgan said workers should not be denied pay when they are preventing COVID-19’s spread

Most Read