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Womenable E3 News )
4th Quarter 2006
In This Issue
  • E3nabling News
  • E1: News in Brief
  • E2: Putting Our Money Where Our Mouths Are:
    Direct Investment in Women-Owned Businesses
  • E3: Research Portals
  • “The one message that we are trying to promote all the time (is) that poverty in the world is an artificial creation... We have to ... redesign our institutions and policies, and there will be no people who will be suffering from poverty. So I would hope that this award will make this message heard many times, and in a kind of forceful way, so that people start believing that we can create a poverty-free world. We didn't do anything special … all we did was lend money to (poor) people, and that makes the trick. That makes the change.” – Muhammad Yunus, in an interview with the Nobel Foundation upon learning of his receipt of the Peace Prize

    M Yunus
    Muhammad Yunus, 2006 Nobel Peace Prize recipient

    E3nabling News

    It is our goal, in this quarterly e-newsletter, to provide a concise digest of news, information, and links to e1ducate, e2nlighten and e3mpower your work on behalf of nascent, new, established and growing women-owned enterprises around the world. Our subscribers come from all walks of life - businesses large and small, NGOs, associations, the public sector, and educational institutions - yet all share a common interest in supporting women's enterprise development in their communities and around the world. We hope you find this information of interest.

    E1: News in Brief
    folded newspaper

  • What's new? Our logo! The look of Womenable has advanced beyond clip art to a professionally-designed image, which conveys (we hope) our spirit of collaboration, celebration, and commitment to enabling women's entrepreneurship worldwide. We hope you like it. Next up, a redesigned web site!
  • The US Census Bureau has published its final reports from the 2002 Survey of Business Owners. Three key reports that bear further study (and Womenable will be doing so in the ensuing months): the Company Summary, the Characteristics of Businesses, and the Characteristics of Business Owners reports. The first report combines gender and racial/ethnic information on all companies and presents tables by industry, state, and size of firm. The second report looks at company-level information (such as home-based status, types of customers, and sources of capital) by the gender and race ownership profile of the firm, and the third report looks at business owner characteristics (such as the age, educational level, and role in the business of business owners) by gender and race. Click on the links above to view and download these reports.
  • While quantitative research on the characteristics, contributions and challenges of women business owners can be a powerful enabler of women's enterprise development, so can the stories women share of their personal journeys.

    Several publications have recently been released sharing the voices of women business owners from very different walks of life. They are interesting, enlightening, and worth a read. Check out these links:
  • E2: Putting Our Money Where Our Mouths Are:
    Direct Investment in Women-Owned Businesses
    money hand

    Even before the announcement on October 13 that Muhammad Yunus, founder of the Grameen Bank in Bangladesh and 'founding father' of the microfinance movement, would receive the 2006 Nobel Peace Prize, there has been much interest in and discussion of the power of investing in the growth of new enterprises.

    Some organizations are taking this concept a step further, and providing the means to allow individuals to invest small amounts of money (smaller, certainly, than angel or venture capital investments) directly in new or growing enterprises.

    For example, Kiva (a Swahili word meaning unity) is an online marketplace for entrepreneurs seeking investors and for investors who are willing to lend small amounts of money (starting at $25 USD) to entrepreneurs in the developing world. Since its launch in March of this year, Kiva has provided over $200,000 USD to 450 entrepreneurs in 14 countries.

    Other venues for direct lending or investing in small enterprises include:

  • Count Me In: Invest in Women Notes (US)
  • Prosper.com (US)
  • Zopa.com (UK)
  • In our next issue, we’ll take a look up-market, at trends in angel capital networks globally.

    E3: Research Portals
    doorways

    The third "E" of Womenable’s E3 News is empowerment. One key ingredient of empowerment is knowledge that you – the enablers of women’s enterprise – can use.

    There are several very useful research portals we think you should be aware of. These sites contain searchable databases of research studies and journal articles focused on entrepreneurship and other social science issues. While some reports may need translation into plain English, they nonetheless could provide a mother lode of useful information. Here are two social science-focused research portals:

  • Kauffman Foundation Entrepreneurship Research Portal: A search using the word “women” brought up 156 articles and reports.
  • The Social Science Research Network: Co-hosted by the University of Chicago’s Graduate School of Business, the European Corporate Governance Institute, Korea University and the Stanford University Law School, this portal houses over 200,000 journal articles and working papers in a number of social science disciplines. A quick search using the terms “women business” brought up 87 articles.
  • For links to articles solely focused on women’s entrepreneurship, see FemEnt.com.

    The International Council for Small Business' Women's Entrepreneurship Committee will also be undertaking the accumulation and dissemination of research reports focused on women's entrepreneurship. Stay tuned for further developments on that front.

    And, of course, that mega search engine Google has undertaken an effort to put many books, journal articles and other scholarly works online. Check out Google Scholar. A quick keyword search on "women business" led to 69,500 links!

    Quick Links to Info Sources/Reports

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