{"id":44048,"date":"2023-10-20T15:33:04","date_gmt":"2023-10-20T15:33:04","guid":{"rendered":"http:\/\/startupsmart.test\/2023\/10\/20\/australia-ranked-second-best-place-to-be-a-female-entrepreneur-startupsmart\/"},"modified":"2023-10-20T15:33:04","modified_gmt":"2023-10-20T15:33:04","slug":"australia-ranked-second-best-place-to-be-a-female-entrepreneur-startupsmart","status":"publish","type":"post","link":"https:\/\/www.startupsmart.com.au\/uncategorized\/australia-ranked-second-best-place-to-be-a-female-entrepreneur-startupsmart\/","title":{"rendered":"Australia ranked second best place to be a female entrepreneur – StartupSmart"},"content":{"rendered":"
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Australia is the second best place in the world to be a female entrepreneur, according to international rankings released this week.<\/p>\n

 <\/p>\n

The Gender-Global Entrepreneur and Development Index, which was released at the Dell Women\u2019s Entrepreneur Network conference in the US this week, places Australia just behind the US as countries which encourage and foster female entrepreneurship, and ahead of Germany, France, Mexico and the UK.<\/p>\n

 <\/p>\n

The rankings are calculated based on three factors: the entrepreneurial environment in a country; the entrepreneurial ecosystem; and entrepreneurial aspirations.<\/p>\n

 <\/p>\n

Emma Isaacs, chief executive of Business Chicks, told SmartCompany<\/em> the rankings don\u2019t surprise her at all.<\/p>\n

 <\/p>\n

\u201cThe corporate landscape in Australia is forcing women out in droves [and] this is creating a really strong community of women who are starting their own businesses, simply because they want to create work that works for their situation,\u201d says Isaacs.<\/p>\n

 <\/p>\n

\u201cThere is a really exciting startup culture in Australia at the moment,\u201d says Isaacs. \u201cWomen have access to great networks and great role models who have already paved the way, and the strong economy is of course also helpful \u2013 for any startup to be successful there needs to be strong financial support.\u201d<\/p>\n

 <\/p>\n

Orsi Parkanyi, director and founder of Women as Entrepreneurs, also told SmartCompany<\/em> she is not surprised by the rankings as she has seen similar research ranking Australia among the top countries for female entrepreneurship.<\/p>\n

 <\/p>\n

\u201cBut if we are so good and there are such favourable conditions, why is the number of female entrepreneurs in Australia so low?\u201d asked Parkanyi.<\/p>\n

 <\/p>\n

Parkanyi says previous research has found that just 5% of technology entrepreneurs in Australia are female, although in her experience there are plenty of women starting their own companies but they \u201care not putting their hands up\u201d.<\/p>\n

 <\/p>\n

She says there are many factors contributing to the apparent low numbers of female entrepreneurs across the country, including cultural factors such as women not being involved in business for as long as men.<\/p>\n

 <\/p>\n

There is also a lack of access to funding and investment for female entrepreneurs, says Parkanyi, and an absence of female role models.<\/p>\n

 <\/p>\n

Isaacs says \u201cunconscious bias works against women in all aspects of work\u201d and although \u201cwe might be seeing more women than ever starting businesses\u2026 a really small percentage are growing them into medium and big businesses\u201d.<\/p>\n

 <\/p>\n

\u201cMany women start businesses with the goal to run a small business, but I wish more was done to encourage and facilitate women to want to create fast-growing businesses that create employment opportunities for others and great lifestyle for them,\u201d says Isaacs.<\/p>\n

 <\/p>\n

But Parkanyi says \u201cthings are changing\u201d, and the high number of applicants she receives for Women as Entrepreneurs pitching events suggests female entrepreneurs \u201cwill put their hand up\u201d when they feel invited to and involved in networking events.<\/p>\n

 <\/p>\n

Isaacs also believes sharing more stories of successful female entrepreneurs will go a long way to encourage others.<\/p>\n

 <\/p>\n

\u201cAnd I think importantly, we need to do something about creating shared responsibility between women and men in the home,\u201d says Isaacs. \u201cEach of us can contribute to that by stopping the dialogue about women managing the hom \u2013 we need to stop asking women \u2018how they manage it all\u2019 and open that question to men too.\u201d<\/p>\n

 <\/p>\n

Parkanyi believes the business community in Australia has a \u201chigh level of responsibility\u201d when it comes to encouraging female entrepreneurship.<\/p>\n

 <\/p>\n

\u201cWe live in a country with a high level of freedom,\u201d says Parkanyi. \u201cIf we can\u2019t close this gap, how are we going to inspire women in countries such as India to start their own companies?\u201d<\/p>\n

 <\/p>\n

This article first appeared on SmartCompany.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Australia is the second best place in the world to be a female entrepreneur, according to international rankings released this<\/p>\n","protected":false},"author":2,"featured_media":59461,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27,1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts\/44048"}],"collection":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/comments?post=44048"}],"version-history":[{"count":0,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts\/44048\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/media\/59461"}],"wp:attachment":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/media?parent=44048"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/categories?post=44048"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/tags?post=44048"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}