(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

Just Posted

Glen Lennon now resides in a neat and fully serviced unit in the Silver Crest Retirement Home, managed by Princeton and District Community Social Services. Photo Andrea DeMeer
Princeton RCMP and social workers find new home for elderly accident victim

“I love the sun and the sun shines on my patio here. I can go out and walk around.”

Longtime SOWINS volunteer Diane Fru (far left) walks with members of her family as they Walk To End Abuse Sunday, June 13, 2021. South Okanagan Women In Needs Society (SOWINS) raised a record amount this year. (Monique Tamminga Western News)
Walk to End Abuse in South Okanagan breaks fundraising record

More than $53,000 raised so far while the pandemic has increased need for SOWINS’ services

The Great Ogopogo Bathtub Race has been held in Summerland as a fundraising event. Do you know which Canadian city introduced this sport? (Black Press file photo)
QUIZ: A summer’s day at the water

How much do you know about boats, lakes and water?

RCMP thanked the public for assistance in finding Benjamin Archie, last seen in Princeton. (RCMP)
Missing Chilliwack man found safe and sound

The 80-year-old had walked away from his home in Chilliwack

.
Princeton’s Spotlight wins two provincial awards for excellence

Publisher takes first place for investigative reporting

People watch a car burn during a riot following game 7 of the NHL Stanley Cup final in downtown Vancouver, B.C., in this June 15, 2011 photo. THE CANADIAN PRESS/Geoff Howe
10 years ago: Where were you during the 2011 Vancouver Stanley Cup Riots?

Smashed-in storefronts, looting, garbage can fires and overturned cars some of the damage remembered today

Ivy was thrown out of a moving vehicle in Kelowna. Her tail was severely injured and will be amputated. (BC SPCA)
Kitten thrown from moving vehicle, needs help: Kelowna SPCA

The seven-month-old kitten had severe tail and femur injuries

Vernon Elks Lodge secretary-treasurer Maureen Sather says special relief funding for the organization courtesy of Community Futures North Okanagan has been just that: a relief. (Photo submitted)
Zero funding for Vernon Elks club

Once-in-100-years grant denied after back and forth with city for support

Lyndsay Fillier and Braden Taylor have been living the van life for four years and they've detailed the first year of their adventures in a new book. (Twila Amato/Black Press Media)
VIDEO: Okanagan couple details first year of van life in new book

Lyndsay Fillier and Braden Taylor have been living the van life for four years

A young child was taken to hospital after being struck by a vehicle on 30th Avenue in Vernon Friday, June 11, 2021. (Jennifer Smith - Morning Star)
Child OK after being hit by car in Vernon

Father says daughter was back home by supper time

A health-care worker holds up a sign signalling she needs more COVID-19 vaccines at the ‘hockey hub’ mass vaccination facility at the CAA Centre during the COVID-19 pandemic in Brampton, Ont., on Friday, June 4, 2021. This NHL-sized hockey rink is one of CanadaÕs largest vaccination centres. THE CANADIAN PRESS/Nathan Denette
‘Vaxxed to the max’: Feds launch Ask an Expert campaign to encourage COVID shots

Survey shows that confidence in vaccines has risen this spring

Port Alberni court house (Alberni Valley News)
Inquest set into 2016 death of B.C. teen after a day spent in police custody

18-year-old Jocelyn George died of heart failure in hospital after spending time in jail cell

Children’s shoes and flowers are shown after being placed outside the Ontario legislature in Toronto on Monday, May 31, 2021. THE CANADIAN PRESS/Frank Gunn
Ontario commits $10 million to investigate burial sites at residential schools

Truth and Reconciliation Commission identified 12 locations of unmarked burial sites in Ontario

Two hundred and fifteen lights are placed on the lawn outside the Residential School in Kamloops, B.C., Saturday, June, 13, 2021. The remains of 215 children were discovered buried near the former Kamloops Indian Residential School earlier this month. THE CANADIAN PRESS/Jonathan Hayward
Days after Kamloops remains discovery, Tk’emlups families gather to unite, move ahead

‘We have to work together because this is going to be setting a precedent for the rest of the country’

Most Read