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Women's Startup Aggregator

Women in the developing world are usually very entrepreneurial many have catering, handicrafts, etc. businesses. The only difference is that they don't realise that they're actually running a business. We could create startup aggregators that help these women understand better ways to do their business and manage their money, even create communities within these women entrepreneurs.

Photo of Mansi Parikh
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Many women in the developing world run businesses from their homes. Unfortunately these businesses can be constrained in many ways including but not limited to space, lack of business acumen, limited reach, etc.

Safety also often comes from having the financial safety. Many of these women could feel more confident if they had their own incomes and were taught how best to manage them. Often women are trapped in bad marriages/situations at home because they have no maretable skills and are insecure in their ability to support themselves.

What if we can build "StartUp Aggregators" which will help these women with different things such as mentorship, funding, education about managing personal finances, etc. and  help create communities so that these women could help each other out and in turn increase their potential.

P.S. As much as I would personally love to prototype it I am currently studying in the but I would be happy to help anyone who is willing to take my idea and prototype it. 

Explain your idea in one sentence.

Build "StartUp Aggregators" to engage, educate and encourage women entrepreneurs who come from uneducated or underprivileged backgrounds.

What is the need you are trying to solve?

Creating a community where women entrepreneurs are engaged, encouraged and educated in ways of running their business and working with each other to build stronger networks.

Who will benefit from this idea and how would you monitor its success?

Women and young girls running entrepreneurial ventures such as catering, beautician services, tailoring, etc from their homes. The way to monitor success would be just like any startup aggregator by looking at how educating them has helped them increase their revenues, knowledge and

Who would be best equipped to implement this idea in the real world? You? Your organisation? Another organisation or entity?

A combination Corporates and grassroots NGOs. NGOs could manage the day to day operations and corporates could fund these organizations as well as have employees help mentor these women. Some arms of the governement could be involved but in the developing world working with governments is always tricky. However if this reaches certain interior regions many developing nations have village councils and they may be able to help.

Where should this idea be implemented?

The idea should be rolled out in phases starting from larger cities and working inward toward second tier cities, small towns and villages. Every step will require different competencies but by rolling it out in steps we can begin to work out major kinks that will occur at each stage

How might you prototype this idea and test some of the assumptions behind it?

The easiest way to prototype this would be to gather a group of friends with different competencies and select a group of women in your own area who you know run enterprises from their home. By mentoring these women at a smaller scale you can gain their trust and feedback and if the program works they will become your champions. You can then take this idea to local NGOs that are working with women and work on expansion. As much as I would personally love to prototype it I am currently studying in the but I would be happy to help anyone who is willing to take my idea and prototype it.

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Photo of Maria Rosa Galter
Team

Hi Mansi,

I'd like to add you to my team (The Network: Arusha Women's Business Incubator) as our projects are well aligned. Can you also applaud the project? Thanks!

Spam
Photo of Mansi Parikh
Team

Hey Maria, Sorry I've been busy with finals this past week. But I love your idea and I'd be happy to be on your team and help in any way I can.

Spam
Photo of Maria Rosa Galter
Team

Great to have you on board. This submission made it to the refinement phase so if you could read through the idea and refinement tools, it would be so helpful. I would like for a few of us to create an experience map to do some rapid prototyping of the idea and then identify key questions we need to answer. What kind of time do you have over the next week or so?

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