WOMEN ENTREPRENEURSHIPSCHALLENGES & OPPORTUNITIES

Dialogue “Wave-Strengthening Women’s Economic Capacity through Skill-based VolunteeringBina Nusantara Business School

8th March 2012

Shinta W. KamdaniFounder / Vice Chairwoman GEPI

Global Entrepreneurship Program Indonesia

WOMEN ENTREPRENEURSHIPS INCLUSION

IN INDONESIA

•Evidence from both developed and developing economies has shown that increased participation of women will generate faster and more equitable income growth, create greater business opportunities, and enhance competitiveness for firms and economies by facilitating innovative thinking and fuller use of a significant resource.

•From the 230 million population of Indonesia, female-gender reached 49% of the total population, only 2% rules in the business and only 0.1% of the Women Entrepreneurs from the total population in Indonesia•However, there are still so much things to do to get the inclusion of women as an economic growth strategy.

•Greater inclusion of women will expand prosperity in the region and is an investment for the future•And there is lot happening in Indonesia that gives us considerable optimism

We need to speed up and deepen actions

SKILLS-BASED VOLUNTEERING (SBV) & CORPORATE SOCIAL RESPONSIBILITY (CSR)

“Corporate social responsibility” (CSR) emerged brought the

corporate sector together with public

interest in the environment. CSR

programs added Skills-based volunteerism to

in-kind charitable contributions as part

of the portfolio of philanthropy

practices.

“Skills-based volunteering” (SBV) is an innovative approach that is rapidly gaining

recognition as a powerful driver of both

social impact and business values. Skills-

based volunteerism utilizes the skills,

experience, talents and education of volunteers and matches them with the needs of SMEs or

non profits organization.

In addition, SBV serves as a point of entry into the local

business community, offering SMEs the

opportunity to make connections , to

help, give mentor with success companies or

entrepreneurs and expand their sources

of support.

Skills-Based Volunteering

SBVCorporate Social Responsibility

CSR

WOMEN ENTREPRENEURS EMPOWERING

CONTINUE TO GROW

• Several specific active women’s entrepreneurship groups and programs

Gender is a developmental issue in that the existing gender imbalances and inequalities in the society prevent the society from realizing its full potential in all the activities of development in economic, social, and political dimensions.

SMALL ENTERPRISES (SMES)WOMEN ENTREPRENEURS

The Missing MiddleMulti-nationals

SMEs

Microfinance

Over-served

Emerging Propositions

Neglected Opportunity

Donor focus

Middle income

Mid-lower income

Microfinance

Financing needs of less than 10M USD

Served by regular capital channels

Served by microfinance

Banking OpportunityThe multiplier effect

Source: Dalberg 2011

SMALL ENTERPRISES (SMES)DEVELOPING LOCAL COMMUNITIES

Incentivize institutional and

government reform

STILL MUCH TO DO…….

Women

Women in leadership roles

Women & access to capital

Women

Women & Higher Value of Employment

Women & access to market

Women & access to capacity & skills building

WOMEN IN LEADERSHIP ROLE

Organizational Obstacles

Work-life

balance

Choices

Institutional Mindset

Individual

Mindset

Studies have identified 4 major barriers preventing women from moving up to leadership positions:

FACTS

Patriarchy still persist…….

• The sub-ordinate position of women is reflected in all system including the law. Women led household is not recognized and must face rights discrimination in their social politics life.

• The Indonesia social structure and values is almost never consider women as a leader of households; For access to credit, the financial sector only chose man for taking the advantage.

Access to Capital

FACTS

• Women entrepreneur have limited knowledge about access to market and tend to use more traditional channels.

• Some report on women stated that women are feeling less equipped to deal with complex procedures and not having sufficient information on procedures and regulation.

• The ability of women active in the marketplace to expand their markets (domestic & int’l) can be improved by enhanced business acumen (incl. Mentoring and technical assistance) and better access to information on the regulatory environment and market opportunities (incl. match-making and technical assistance).

Access to Market

FACTS

• The recent World Bank study has showed that there is a need to set up a number of mentoring and investing organizations or women.

• Access to information is critically important to expanding women’s economic roles and requires the attention of many emerging countries.

Access to Skills & Capacity of Building

Types of Skills & Motivation training:Exchange visitsMentoring, Counseling, ConsultancyRole ModelTrainingNetwork

SBV

- A CATALYST FOR ENTREPRENEURSHIPFormed by 13

business leaders and

entrepreneurs in Indonesia

USAid startup

assistance

Grew from the Obama

Entrepreneurship Summit in 2010 and the

US State Department GEP initiative to promote

entrepreneurship in Muslim

countries

AND WOMEN

ENTREPRENEURSHIP

More middle level icons of success among women entrepreneurs

Earlier education on entrepreneurship to raise aspirations

More mentoring and training on how to make business and financial plans

Connecting emerging women entrepreneurs with each other and mentors

A specific angel investor plan by women for women

Filling gaps with more capacity & confidence building for Women

MAJOR PLUSES IN INDONESIA

Major

Pluses

• Stable, growing economy and financial system, as a basis for greater inclusion of women

• Strong and stable democracy, where women have equal voice

• Highly regarded women leaders in business and government

• Active provincial development agenda for business creation, giving more opportunities for women across the archipelago

…but key questions remain

IS THERE A GLASS CEILING TO BREAK?

Do Indonesian women face constraints arising from

Moslem and/or

Indonesian culture?

Does the

importance of motherhood and

home care win over

business

aspirations?

Must Indonesi

an women

stay with

micro enterpri

ses because

of gender biases

in propert

y ownersh

ip?

???

THANK YOU….

Shinta Widjaja KamdaniFounder / Vice Chairwoman of Global Entrepreneurship Indonesia (GEPI)Managing Director of SINTESA Group

shinta.kamdani@sintesagroup.com swk@sintesagroup.com