We need to change the face of startups, to tap into the diverse talents of female entrepreneurs across Australia. It’s a key step toward gender equality, and the opportunity to build a more diverse, inclusive and thriving startup economy.
Less than one in four startup founders in Australia are women, and when you look at those attracting investment, the stats are as low as 4 per cent. By understanding more about what drives, inspires and prepares female entrepreneurs to get started, we can improve the way we engage and support them right across the ecosystem.
“We are really excited to support the SheStarts program by utilising our data to uncover insights around skills, knowledge and connectivity of female entrepreneurs in Australia” said Cliff Rosenberg, Managing Director, Australia, New Zealand and South East Asia for LinkedIn.
“Our data shows that these women entrepreneurs are relying more on their soft skills rather than tech skills to kick-start their business.
“It emphasises the importance of ‘soft skills’ not just ‘hard skills’ being key for entrepreneurs to build a successful business.”
The ten startups selected to receive funding and a spot in our SheStarts program represent the diversity of Australia’s female entrepreneurs, with the founders coming from four different states (NSW, VIC, TAS, SA), and reflecting a diverse age range, education and cultural backgrounds.
Their startups also span a broad range of industries, with ideas including Health-tech using wearables and iBeacon technologies, Agri-tech and digital currency solutions using blockchain, Enviro-tech using big data aggregation, and Media-tech using sentiment analysis
These are the women to watch in 2017, as they launch their game-changing startups and take their products and services to the world. What’s more, the hundreds of women who applied to SheStarts are all now part of vibrant community, with a growing number of pathways for them to choose to develop their ideas and build their businesses.
By providing access to early-stage funding, support, networks and training we can boost female entrepreneurs’ chances of success, so they can go on to be great role-models for millions of women and girls across Australia.