The latest data on female entrepreneurs, updates on the group and discussion points.

2. Welcome
Goals:

3. Agenda:

4. National Research

5. Between
2002 and
2012, the
number of
women-
owned
businesses in
the U.S.
increased at
a rate of
x 2 1/2
the national
average.

8. The Value of Diversity
• Women entrepreneurs tend to treat their
employees better and give back to their
communities
(Criterion Institute, 2013)
• Women entrepreneurs have higher levels of
innovation than their male counterparts
(Harvard Business Review, 2013).
• More broadly, an increase in the number of
women in business leadership positions is
correlated with increased business returns and
payout ratios.
(Kaufmann, 2015)

9. Successful startups have 2x
as many women in senior
roles than unsuccessful
companies.
- Fortune, 2012

10. Gender is
the most
powerful
determinant
of how we
experience
the world.

11. Unconscious gender bias
refers to the information,
attitudes, and stereotypes
that affect the way we
process information
subconsciously.
Research has shown
unconscious gender
bias to affect access to
capital, mentors,
entrepreneurial
programs and
networks.

12. Arizona

13. 50 /50 in entrepreneurship
in Arizona would add
91,000 more jobs and
$105.2 billion to our state
economy.

14. There is a growing body of research that showing
DIVERSITY is a key factor in building strong
entrepreneurial ecosystems.
Many national rankings are incorporating
diversity as a key factor.

15. Relative to other states Arizona is under-developing
the fastest growing population of entrepreneurship
in the country.
Women

16. American Express Open State of Women Business Owners, 2016

18. Other states have acknowledged gender bias in business
and have develop strategies to give everyone an equal
opportunity:
Already we are feeling the effects….

19. • Lauren STOP HERE

20. The Big Picture
• Strengthen the local economy
– 50/50 Entrepreneurship

22. Goal: Advance the entrepreneurial ecosystem in Phoenix for
women to grow successful businesses through increased
connection, communication and access to effective business
building resources.
Objective: Increase Phoenix women-owned businesses’
profitability and growth, leading to a 10% increase in jobs
created by those businesses over the next three years.
Thereby, establishing Phoenix as a national leader in the
creation of successful women owned businesses.
That 10% increase represents 91,000 additional
jobs in PhXX in 3 Years

23. Initial Challenges
• Overall:
– Lack of research
– Need for collaboration
– Understand WBO growth
cycle
• Specific to Empowering
WBOs:
– Confidence
– Capital
– Certification

24. Procurement
and
Certification

25. Common Business Growth Stage Map for
Resources

26. Our Solutions and Successes
• Funded research
• “The Pledge”
• Growth cycle mapped
• Facilitated meetings
• Summits every 6 months
• Roundtables every other
month
• Action initiatives
• More to come . . .

27. Lisa Marie
• What her participation has looked like.
• Participating in the roundtables.
• Taking the Collaboration Pledge
• What she has gotten out of it…

28. Moving Forward

29. PhXX Idea Cafe

30. Round One
Choose one person who be the anchor person to stay
at the table after this round to summarize for the
next group. Your job is to listen carefully :)
Everyone is the recorder of ideas. Capture them all
on the white sheet on the table. Include contact
names or groups that might help with your idea
(including your own!).

31. Round One

32. The voice of Entrepreneurs
needs to be clarified and
strengthened. Ideas I have
to make this happen
include…..

33. Round Two
You are now a high performing group! Choose a new
person who will stay at the table for Round 3.
The anchor person will take take 3 min to summarize the
ideas that were generated by the last group.
Build upon the ideas of the previous group or add new
ones! See if you can double what is on the sheet!

34. While the “voice actions” are
important, identify additional
ideas that would ensure actions
address 50/50 representation of
entrepreneurs in our
community.

35. Round One

36. Round Three
Choose a person who will report for your group. You
are now in the think tank mode!!
Ideas I have for any and all actions to ensure a strong
economy and flourishing community. Go beyond
Voice to all issues that might be addressed.
Please make sure you provide suggestions for who,
what, when, where if possible.

37. Round One

38. Report out:
• 2 Actions for Voice
• 3 Actions for 50/50% Voice
• 2 Actions for other issues to
consider.

39. Please go stand by one of
the sheets that contains an
idea you are passionate
about, can see helping
become a reality.

40. • Determine which issue on the sheet is the one
you want to work on. You may break into smaller
groups if there are multiple ideas.
• Decide: who will be the first convener, share your
contact information and decide on the first
meeting data. Write out the information on the
sheet provided.

41. What is next?
Monthly Emails and Blogs
#PhXX
Roundtables:
Summit
Action Initiatives - Research