BFM 89.9

Podcast  >  Enterprise  >  Enterprise Biz Bytes  >  The Importance of Mentorship and Community to Empower Women

The Importance of Mentorship and Community to Empower Women

Alia Ainuddin, Lean In Malaysia | Shamila Ravindran, Lean In Malaysia

24-Aug-23 12:00

The Importance of Mentorship and Community to Empower Women

On a global scale, women remain largely under-represented in the field of entrepreneurship. In Malaysia, despite making up approximately 49% of the population, female entrepreneurs are only estimated to make up 20% of the industry (based on registered entrepreneurs).

On top of that, securing financing remains a great challenge for female entrepreneurs, with less than 3% of global VC funding in 2019 going to female start-ups, with the number dropping further to 1% in 2020.

Despite this, in 2022 more women than ever started their own businesses, with twice as many businesses being started by women in the UK than in 2018. Female-led businesses continue to show great economic potential, with a BCG publication from 2018 noting that businesses founded by women ultimately deliver higher revenue—more than twice as much per dollar invested—than those founded by men, making women-owned companies better investments for financial backers.

On this episode of Enterprise Biz Bytes, we speak to Lean In Malaysia about their new Entrepreneurs Bootcamp 1.0 and how they’re trying to support more women in entrepreneurship. Helping us with this conversation are Alia Ainuddin, Lead for Lean In Malaysia’s Community Engagement team, and Shamila Ravindran, Managing Partner of Ravindran Advocates & Solicitors and Lean In Malaysia advisor.

Produced by: Roshan Kanesan

Presented by: Richard Bradbury, Roshan Kanesan

This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories:  Women in BusinessmanagingSMEentrepreneursinvestments

Tags:  lean in malaysiafemale founderslean infemale entrepreneurs

Play / Pause

Listen now : The Evening Edition

Today’s Shows

6:00 AM

The 6AM Stretch

7:00 AM

World Market Watch

Vishnu Varathan, Head of Economics & Strategy, Mizuho Bank

7:15 AM

Morning Brief

Rajen Devadason, CEO, RD WealthCreation Sdn Bhd; Datuk Thavalingam Thavarajah, Employment and Industrial Relations Lawyer

8:00 AM

The Breakfast Grille

Paul Ang, Founder and Group Managing Director at City Coin Group

8:30 AM

Morning Brief

Gary Theseira, Director and Council Member, Climate Governance Malaysia

9:00 AM

Opening Bell

9:35 AM

Ringgit & Sense

Lim Chia Wei, Senior Portfolio Manager, A.H.A.M Capital

10:05 AM

Open For Business

Happy Preggie

11:05 AM

Tech Talk

Selva Rajasekaran and Kevin Lee, Maxis Business

12:00 PM

Enterprise Biz Bytes

Ng Sai Kit, Chairman, Malaysia Venture Capital & Private Equity Association (MVCA)

1:00 PM

The Breakfast Grille Repeat

Paul Ang, Founder and Group Managing Director at City Coin Group

2:05 PM

Live & Learn

Malaysia’s Persons with Disabilities Act: “A Toothless Tiger”

3:05 PM

Beyond the Ballot Box

What’s Politics #7 - Neoliberalism and the Commodification of Human Needs

4:05 PM

Health & Living

How To Talk To Neurodivergent Children About Their Diagnosis

5:00 PM

The Evening Edition

5:35 PM

Today On Twitter

6:05 PM

Inside Story

7:05 PM

The Evening Edition

7:35 PM

Popcorn Culture - Supercut

What Movie Would You Like To Make?

9:00 PM

I Love KL

10:00 PM

Back To Back