FEMALE ENTREPRENEURSHIP IN GEORGIA
Sorry, but you cannot sign up for this project anymore.Female entrepreneurship in Georgia is an area in which there is
still a lot of room for growth. Unfortunately, Georgia is not yet mentioned on the Female Entrepreneurs Index (2015), and as of yet there is no complete list of the number of female entrepreneurs active in Georgia. Therefore, it is unclear what the exact scope is of female entrepreneurship in Georgia. There are however some indications. A survey in 2008 showed that around 41% of the Georgian firms have a female owner. Though, only 20% women hold a top managerial position.1 Overall, the average salary of women in 37% lower than that of men, with men earning 1298 GEL per month and women 811 GEL (2017).
Entrepreneurs in Georgia face struggles when developing their businesses. Corruption in the country has decreased, but other issues such as access to finance and tax rates still form obstacles for the development of business for both men and women. An assessment in 2008 indicated that there are increased risks for women and that the current climate does not motivate women to open or expand businesses. Moreover, women own fewer properties than men, making it harder to access capital to start or expand their businesses.
There are also other issues women face that form obstacles for economic participation. These obstacles include: participation in unpaid household activities, absence of day-care in towns and villages, and gender bias in communities.Nevertheless by law the opportunities for men and women are equal which makes growth of female entrepreneurship possible.
In general, Georgian education and society do not encourage women to speak up, to attract attention. Women might therefore be good at running a business, but are less inclined to promote their business, their roles in attaining the success or growth of the company. Therefore, there is the need to support Georgian female entrepreneurs by enhancing their international (business) talents by giving them the tools to be able to better promote their business and to put these tools into practice.
therefor these 15 Georgian entrepreneurs were invited to come to the Netherlands to gain insights in new technologies, products and markets, to discover opportunities for (international) collaboration and to be inspired by the success stories of Dutch female entrepreneurs.