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Acceleration

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February 3, 2023

ANDE spoke with Ajay Menon, Senior Practice Leader at TechnoServe India, to learn more about their new initiative GreenR, a one-of-a-kind accelerator, nurturing high-growth businesses disrupting the Environment Action space.

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"Un corpus de investigación en crecimiento ha mostrado que los programas de aceleración de negocios pueden ser efectivos para ayudar a los emprendimientos a pasar a la siguiente etapa de crecimiento. Sin embargo, un examen más profundo ha revelado que las emprendedoras no reciben los mismos beneficios que sus contrapartes masculinas, evidenciando que las mujeres están infrarepresentadas y que tienen un desempeño bajo en los programas de aceleración.Este informe sintetiza los hallazgos clave de cuatro proyectos de investigación y deriva perspectivas viables para ayudar a cerrar esta brecha en la evidencia sobre las necesidades de las emprendedoras y en qué forma las aceleradoras pueden responder a las barreras clave."

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"A growing body of research has shown that business accelerators programs can effectively help ventures move to the next stage of growth. However, further examination has revealed that women entrepreneurs do not experience the same benefits as their male counterparts, showing that women are still underrepresented and underperforming in accelerator programs. This brief synthesizes the key findings of four selected research projects and draws actionable insights for practitioners aiming to fill the evidence gap on the needs of women entrepreneurs and in what ways accelerators can address key barriers."

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"A growing body of research has shown that business accelerators programs can effectively help ventures move to the next stage of growth. However, further examination has revealed that women entrepreneurs do not experience the same benefits as their male counterparts, showing that women are still underrepresented and underperforming in accelerator programs. This brief synthesizes the key findings of four selected research projects and draws actionable insights for practitioners aiming to fill the evidence gap on the needs of women entrepreneurs and in what ways accelerators can address key barriers."

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"Entrepreneurship To the Point (eTTP) conducted research in South Africa on accelerating women-owned businesses in male-dominated sectors. To better understand the key barriers to entry and growth that women-owned businesses face in male-dominated sectors, they conducted surveys of 97 women and interviews with 17 women entrepreneurs in the male-dominated sectors in South Africa. The key findings of this report are 1) women’s participation in male-dominated sectors has increased, 2) the increase is driven by women entrepreneurs' passion, 3) but they still face multitudes of challenges in entering the sector and growing their businesses, 4) while the government has pushed for some policy frameworks to support women-owned businesses, 5) women entrepreneurs need both men and women mentors, and 6) there is more need for sector-focused accelerator/incubator programs"

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