Women Entrepreneurs for Broadening of Cooperation

Women Entrepreneurs for Broadening of Cooperation

Economic discussion platform at the Second Eurasian Women’s Forum

An open debate titled ‘Female Entrepreneurs for the Broadening of Cooperation and Socioeconomic Interaction’ took place as part of the Second Eurasian Women’s Forum. Its participants discussed the role of women’s entrepreneurial initiatives in the development of small and medium-sized social and family businesses and exchanged practices of support of women’s entrepreneurship.

Aijan Chynybaeva, Board Member of the Women's Forum Kurak and Honorary Consul of the Kingdom of Norway in Kyrgyzstan, was the moderator of the discussion. As stressed by Ms. Chynybaeva, after graduation men and women have equal conditions in the labour market but oftentimes it is becomes more difficult for women to fulfil their professional potential after starting a family. The speaker called upon the participants to exchange their opinions on the matter and find solutions to address the problem.

Tatyana Gvilava, Director of the Russian-Arab Business Council and President of the All-Russian Public Organisation of Businesswomen, told about the programme on supporting women’s entrepreneurship. Today, the programme is being actively developed jointly with the Government of Moscow. In addition, there is an idea to create a world educational centre for businesswomen beginners.

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The speaker mentioned that the staff of 85-90% of women-led companies is mostly female. Thus, promoting women to leadership positions, one can increase their number at other levels as well.

Marina Kovtun, Governor of the Murmansk Oblast, also runs active work on supporting women entrepreneurs. It is important for her to provide the population of her region with comfortable life conditions. Ms. Kovtun believes that development of entrepreneurship, especially women’s businesses, will contribute to development of the Murmansk Oblast as a whole. This is caused by the fact that women are sensitive to the needs of people around. When starting a business, they strive to provide consumers with products and services that will make their life more comfortable.

According to Agnessa Osipova, President of the Russian Franchising Association, franchising started developing actively over the recent years.

Ms. Osipova recommended women to start their business based on a franchise because franchising is a reliable and relatively simple way of business expansion.

As mentioned by Gulbakhor Makhkamova, Founder and Chair of the Board of the National Association of Businesswomen of Tajikistan, women are a reliable source of liquidity for banks. They can save money, responsibly approach to loans and carefully act in risky situations.

All participants of the debate unanimously concluded that development of women’s entrepreneurship could largely affect economic development in general. Today a large number of programmes on supporting women’s entrepreneurial activities are in active development. However, it is nonetheless important that businesswomen from all over the world constantly exchange experience and help one another in development of their projects.

Anna Repina, news agency of the Eurasian Women’s Community

Translated by Nikolay Gavrilov