Economic education
The Kronenberg Foundation
Business in Women's Hands
Inspiration to act

"Business in Women's Hands" is a program addressed to women who want to start a business. With lectures, training sessions and individual work with mentors, each participant receives assistance for launching a business.

"Business in Women's Hands" is delivered in alliance with Foundation for Women's Entrepreneurship and with the support of City of Warsaw Municipal Office and DELab UW (Digital Economy Lab, Warsaw University).

Goals
The idea behind the program is to facilitate the development of a cluster of women's businesses in Warsaw metropolitan area. From among all the applications submitted, experts choose the future participants of the program - women with the most interesting ideas for their business, who have the necessary determination and are ready to take action. For 6 months, they take part in workshops, training sessions and networking events. Throughout the period, they also receive mentoring from successful business women. Working together in a cluster is intended to help newly-launched businesses to network, which strengthens their market position.

Summary
The program consists of three elements: mentoring, training and networking.

  • Mentoring
    All participants have access to individual consulting sessions with mentors who supervise their preparations to launch a startup. The mentor's task is to support the mentee in her efforts towards registering a business, and teach her how to successfully run a business.
    Mentor-mentee pairs develop a relationship, with responsibility on the part of the mentor, and motivation on the new entrepreneur's part, can last far beyond the duration of the program.
  • Training
    The training program helps participants to develop a business plan, analyse their market and competitors, acquire necessary marketing knowledge, learn how to finance their business, identify their market target, choose branding and advertising. Women entrepreneurs learn also to manage their personal image and become familiar with the mechanisms of launching new products/services.
  • Networking
    A series of networking workshops offers participants the opportunity to exchange observations, experiences and business ideas. It also helps them to form partnerships at an early stage of their business activity, which makes for excellent training for future business partnerships.

On 15 December 2015, a great gala was held to celebrate the completion of the 2nd edition of the program. In 2015 30 businesses were created.