Leading business women gather for entrepreneurship roundtable

16 February 2016

Attendees at round table

Twenty prominent female leaders from business and government gathered at a NSW Government-hosted event on February 11 to discuss how to increase the number of female entrepreneurs.

Hosted by Minister for Regional Development John Barilaro, the second Women in Entrepreneurship roundtable discussed how to reduce the barriers for women to start their own business.

The event heard that, while there has been an increase in the proportion of female entrepreneurs, there is still much work to be done. Startup Muster Chief Executive Officer Monica Wulff told the event that just one in four start-ups were founded by females in 2014 – up from around one in five in 2013 – according to the Startup Muster 2015 report. She also stated that women were less likely to be part of a co-working space, compared to men.

To assist discussion, the Department of Industry published a fact sheet with key statistics about women entrepreneurs in Australia.

Mr Barilaro told the gathering he was impressed by the commitment and energy shown by the leaders at the event, and he supports the ongoing effort to find solutions to challenges faced by women entrepreneurs.

The previous roundtable, on 29 October 2015, identified a lack of knowledge as a major barrier to unlocking the potential of women entrepreneurs.

A number of ideas were promoted at the event to help drive female entrepreneurship, including improving online information resources and promoting success stories.