Its not our abilities that show what we truly
are -Its our choices!
- J K Rowling
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Our Life Depends on
Our Choices and not on
Our abilities
Why Choose Entrepreneurship?
• To fulfill your dreams
• To work for yourself and to be in control of
your life
• To empower others and to be an
inspiration
• To contribute to the economic growth of
the nation
• To get financial independence
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Risks & Challenges
• It’s a Patriarchal Society!• Most women have to balance raising a family with
running their business• Financial Challenges in running a business coupled
with lack of easy credit• Hard to sell in a predominantly male dominated
market• Networking is crucial to the business but not all
women find it easy• Most women are both less aggressive and less
assertive which hinders their deal making ability• Destroy the wealth created otherwise also in case of
failures and impact the family relations.
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Venture Capital
Entrepreneurship Phases
Discontinuation of business
Potential Entrepreneurs
IntentionsNascent
EntrepreneurNew
EntrepreneurEstablished
Entrepreneur
5*Global Entrepreneurship Monitor 2013 Global Report
State of Women in Enterprises
• 3 million MSMEs in India with full or partial ownership, which
represent 10% of all MSMEs in India
• These contribute 3.09% of industrial output and employ over 8
million people
• 78% of women enterprises belong to service sector
• 98% of these businesses are micro-enterprises
• Over 51% of the MSMEs are located in the states of Kerala,
Karnataka, Tamil Nadu and West Bengal 6
Source: IFC report on Improving Access to Finance for Women owned businesses in India
Support Programs for Women Entrepreneurship
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INR 2.31trillion of financing was
extended to women owned
MSMEs in 2012 through various
schemes
Source: IFC report on Improving Access to Finance for Women owned businesses in India
Woman Entrepreneur Support
Programs in IndiaS.No Scheme Agency/Bank Details
1TREAD scheme for women
Ministry of Small and Medium Enterprises
30 percent of total project cost as government grant, 70 percent by the appraising institution
2Bharatiya Mahila Bank
Bharatiya Mahila Bank
Working capital and term loan up to INR 20 Cr. Specific Loan schemes for setting up home catering, beauty salons and day-care centers. Since the bank do not insist on collateral, the loans of up to INR 1 Cr are insured with Credit Guarantee Fund Trust for MSMEs
3ALEAP and CGTSI
Andhra BankCredit facility up to Indian rupees 10 million without collateral security or third party guarantee for a tenure of five years.
4Akshaya Mahila Arthik Sahay Yojna
Bank of BarodaMovable and immovable asset-based term loans and working capital limits. 8
S.No Scheme Agency/Bank Details
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Schemes for professional and self-employed women
Oriental Bank of Commerce
Term Loan - Maximum Indian rupees 500,000including working capital limit of Indian rupees 100,000 for Five to seven year tenure
6Dena Shakti Scheme
Dena BankTerm loans and working capital limits with a ceiling of Indian rupees 2 million
7Stree Shakthi Package
State Bank of India
Interest concessions of 5 percent based on business enterprise for self-employed women
8 Cent Kalyani Central Bank Loans up to Indian rupees 10 million without any collateral security or third party guarantee.
9Marketing Fundfor Women (MFW)
SIDBI
Provides assistance to women entrepreneurs andorganizations involved in marketing products manufactured by women entrepreneurs to increase their reach in domestic and international markets.
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Woman Entrepreneur Support
Programs in India
Woman Entrepreneur Support
Programs - Global
• Goldman Sachs 10,000 Women is a global initiative that fosters economic growth by providing
women entrepreneurs around the world with a business and management education, mentoring
and networking, and access to capital. To date, the initiative has reached over 10,000 women from
across 43 countries through a network of 90 academic and non-profit partners.
• Women 2.0 is the world’s largest community-driven media brand designed for the next
generation of technology leaders. It creates content, community and events for aspiring and
current innovators in technology
• Golden Seeds is an angel investment group with more than 245 investors focused on the
opportunities of women-led businesses
• Project Eve – offers mentorship, networking, and support to other women to help bring more
women into the business world
• VC funds targeting women entrepreneurs - Forerunner Ventures, Belle Capital, Illuminati
Ventures, Isabelle Capital, The Women’s Venture Capital Fund and Pipeline Angels
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What is Venture Capital
• Money invested in non-traditional startup
ventures by experienced investors/institutions
• What do the investors get ?
• A stake in equity
• A say in the decisions of the company
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VC Focused sectors
• Opportunity for Innovation
• Scaling up-Global level
• Value multiplication
• Unorganized to Organized
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Capital Supply Chain
Promoters Friends and family
Seed Funding
Angel Funding
Early Stage Funds
Growth Funds
Inception
Prototype testing
Product roll out
Rapid Growth
Expansion
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VCs at a glance
• The global VC investment in the year 2013
totaled USD 48.5 bn
• Global VC hotbeds – USA, Europe, China, Israel and India
• India ranks fourth in the global VC rankings and accounts for 3.7%
• India has seen the highest participation from angels and incubators
next only to Canada
• Survey shows that 62% of the Indian entrepreneurs believe access to
VC funding has improved
• Year 2013 saw a few good exits- just between four companies
Justdial, Redbus, GlobalLogic and Prizm, over US$ 2 billion of market
value was affected
• Impact investing generated around $100 million (roughly Rs 530 crore)
of capital in India in 2012 and is said to be growing at 30% per annum
15Sources : E&Y Global VC Insights and Trends Report 2013; Tech Crunch; Wikipedia
Startup Mood*
• The average age group of entrepreneurs is seen to be
25-34 yrs
• Startup Mood in India :
• 42% believe that there are opportunities to start a business
• 56% believe they have the capabilities to start a business
• 40% fear failure
• 23% would want to start a business in next 3 years
• 62% see entrepreneurship as a good career choice
• 70% feel that entrepreneurs enjoy high status
• 61% feel that successful entrepreneurs receive media
attention
16*Global Entrepreneurship Monitor 2013 Global Report
Knowledge Capital
• VCs v/s crowd funding : VCs not only invest
their money but also their valuable time
• Entrepreneurs these days need thought leaders and operational
experts to guide them to success
• VCs guide to ensure superior product development and in testing
the marketability of the product
• Most VCs invest in sectors that they have an expertise in, which
immensely benefits the startup
• Guidance in early Stages of business transformation
• VCs guide the startups to create their most value asset – the
IP18
Human Capital
– Hiring and retaining the right talent is one of the major
challenges faced by a startup
– A funded company scores higher on credibility
– Most funded startups have ESOPs as their cornerstone to
attract and retain talent
– Studies have shown that post VC investment,
• Employment growth in a company is 6 times
higher
• Employees compensation increases due to better
cash flows
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Networking
• VCs have a good network of other VCs, successful
entrepreneurs and technology/business strategy experts
• Entrepreneurs can benefit immensely from these connections
• VCs facilitate connections that could help startups get their
potential clients or potential investors
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Financial Capital
• VCs provide the much needed risk capital to entrepreneurs
• Support experimentation and risk taking
• VCs at later stages help sustain the business
• 90% of the startups fail due to poor cash flow management,
according to Dunn & Bradstreet
• VC also bring in financial discipline to a startup by guiding
them to stick to their budgets and to optimize their sales
cycle
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Case Study – Kiran Muzumdar Shaw
• Chairman and Managing Director of Biocon Limited
• Was recently awarded the Othmer Gold Medal, for outstanding contributions to the progress of science and chemistry in 2014
• Mazumdar studied Malting and Brewing in Australia in 1974 and was the only woman enrolled in the brewing course, and the top of her class
• She worked as a trainee brewer in Carlton and United Breweries, Melbourne and as a trainee at Barrett Brothers and Burston, Australia.
• However, when she investigated the possibility of further work in Bangalore or Delhi, she was told that she would not be hired as a master brewer in India because "It's a man's work.”She began to look abroad, and was offered a position in Scotland.
• She was offered the job of establishing Biocon’s operations in India, which she accepted and started with a seed capital of INR 10,000 in 1978. She owned 70% of the venture
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Case Study – Kiran Muzumdar Shaw
• Initially, she faced credibility challenges because of her youth, gender and her untested business model
• Funding was a problem: no bank wanted to lend to her, and some requested that her father be a guarantor
• She also found it difficult to recruit people to work for her start-up. Her first employee was a retired garage mechanic
• As well, she faced the technological challenges associated with trying to build a biotech business in a country with a shaky infrastructure
• The company's initial projects were the extraction of papain and isinglass
• Within a year of its inception, Biocon India was able to manufacture enzymes and to export them to the United States and Europe, the first Indian company to do so
• At the end of her first year, Kiran Mazumdar used her earnings to buy a 20-acre property, dreaming of future expansion.
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Entrepreneurs should always remember!
“I always believed
in myself”
Tyrone Bogues
Shortest NDA Basket
Ball Player
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