It might be summer, but there is still a lot happening in the world of female entrepreneurship! Apply to upcoming competitions, learn from the recent DELL Women Entrepreneurs Index and read about female founders who have received funding.
Up Coming Competitions:
Female Founders & InsurTech Startup Competition
The Female Founders in Tech program was created to identify and evaluate innovative technology solutions and unique talent for corporations while also providing access to capital, mentorship, and partnership opportunities to startups. The deadline to apply is Sunday, July 28th!
SoGal Pitch Competition
SoGal Foundation is hosting a global pitch competition for women and diverse entrepreneurs with 25 regional rounds across 5 continents, including Hong Kong! Startups that are pre-Series A (raised less than $3M) with at least one woman/diverse founder. The deadline to apply is August 1.
Cartier Women’s Initiative
Cartier seeks exceptional women entrepreneurs! It is an annual international business programme that aims to identify, support and encourage businesses led by women entrepreneurs. The 21 finalists can expect to receive prize money, one-to-one coaching, media visibility and ongoing support. The deadline to apply is August 14, 2019
Veuve Clicquot Business Award Winner is Australian VC founder Kim Jackson
Kim Jackson, founder of Skip Capital, was named the 2019 Veuve Clicquot Business Woman of the Year. Although Skip Capital isn’t gender focused, it’s great to see her acknowledge there isn’t enough capital going to female led businesses. Kim invested AUD$40million in 11 startups in 2018 with 50% having gone to female founders. Read on if you are looking for investment in their two major areas: health, wellness and ageing; and water, waste and energy.
Shark Tank investor on why he invests only in female founders.
After taking stakes in 39 companies, Shark Tank’s Kevin O’Leary has gotten significantly better returns from start-ups founded and run by women. And he doesn’t think it’s a coincidence. Read on to see if you agree with some of his views.
DELL Technologies’ 2019 Women Entrepreneur Cities Index
There are 163 million female entrepreneurs across the globe and their funding support and access is different city by city. DELL has brought out their 2019 report rankings of cities for female entrepreneurship. According to their assessment factors, and in contrast to the recent Startup Genome Report, no Asian city was rated in their top 10. The highest were #12 Sydney and #13 Melbourne. The report also reflects on developments in each city since the Index’s launch in 2017.
DELL’s 3 policy key recommendations that governments and companies can do to foster female entrepreneurs.
Female Founder Insights:
Many female founders tell us they want to hear from female founders who are ‘ahead of them’ in terms of funding. Read on to hear some recent stories:
Tips for Raising Angel or VC Money from the 2 Percenters (aka female founders).
Elvie has raised US$42 million since 2013 for it’s sleek tech for new mothers which is breaking taboos in women’s health.
Learn from four female founders in SE Asia who have received funding and are reshaping tech for good.
The future of fashion: How The RealReal and Revolve are reinventing retail
Successful recent IPOs of The RealReal and Revolve have brought a greater spotlight on female founders, especially retail which has more gender parity than nearly every other industry. U.S.-based fashion and beauty startups like Argent raised a total of $2.1 billion in funding in 2018 and it’s clear investors are on the hunt for innovative e-commerce players — and many of these companies were started by women.
HK Female Founders launch Vietnam retreat
RISE UPDATE: Female Founders - How to grow your business with TECH
Next Chapter, together with PayMe by HSBC and Women In Tech, were delighted to co-organise and moderate “How to Grow Your Business with Tech” during the RISE Conference. The speakers Fiona Lau Founder of Shopline, Sara Fung the Founder & CEO of HULA and Iella Koblenz co founder of BloomMe brought honesty, practical experiences and a lot of humour in sharing their journeys.
We would also like to thank WeWork for sponsoring the space, Veuve Clicquot for adding the much-appreciated champagne and PayMe by HSBC for bringing it all together.
RISE UPDATE: Women in Tech Lounge
The WIT Lounge become the ‘temporary HQ’ for many women during RISE, both from HK and those visiting. It was continually full with business connections made and experiences shared. A big congratulations to HSBC for organising such a fantastic 3 days!
Crowdfunding Starter Kit
8 Ways Women Entrepreneurs can use Crowdfunding Successfully
One of the biggest hurdles for female entrepreneurs is raising capital. This article shares some great insights on how crowdfunding can be a great way for a female founder to launch a business and get some early validation and sales.
Next Chapter's crowdfunding site, along with its Crowdfunding Starter Kit, has seen some successful campaigns go on to seek funding over US$300,000. Often the biggest battle is just getting started which crowdfunding helps you overcome!
Want to learn more?
View our online "Get Funding Savvy" course to understanding you funding options and opportunities more clearly