Observe how TechnoServe adapted Impulsa tu Empresa, a continuing company accelerator system, to raised target females business owners’ requirements.
The Impulsa Tu Empresa (“Boost Your Business”) program is a company accelerator system, which is designed to help 850 small and growing companies across Guatemala, Honduras, El Salvador, Nicaragua and Burkina Faso. The Multilateral Investment Fund, the Walmart Foundation, the Citi Foundation and the PIMCO Foundation, TechnoServe provides participating businesses mentorship, market connections, and access to capital to help them grow and expand with support from the Argidius Foundation. This program hopes to boost profits of those organizations by $25 million and create 750 jobs that are new 2017.
Learn how Veronica, creator of IKO Imagen, grew her company while changing TechnoServe’s assistance to her community. Learn More
ORIGINAL CHALLENGES FACED with LADIES ENTREPRENEURS
Ladies in Central America face unequal flirt.com usage of financial possibilities as companies, leaders, workers and vendors in comparison to men. Because of this, you will find less tiny and growing businesses (SGBs) where ladies have leadership functions, and of those SGBs with women leaders, you will find usually greater profitability and growth constraints in accordance with those led by males.
A few of the challenges that are key entrepreneurs face whenever growing their organizations consist of:
- Balancing family care and company duties
- Accessing finance without appropriate ownership or a warranty
- Joining typically male-dominated business systems
EMPOWERING WOMEN ENTREPRENEURS THROUGH IMPULSA TU EMPRESA
The program team focused on improving the gender approach to the selection and recruitment process, as well as the business training and advisory aspects of the program to better support women entrepreneurs.