Women at the helm of emerging businesses (those with less than 10 employees and annual sales under $1 million) will face specific pain points as they lead their business. These challenges can include how to streamline operations, how to handle growth, when to hire additional employees, how to hire the right people, how to delegate responsibility, and how to achieve a manageable work-life balance. Lack of support or uncertainty about how to successfully navigate these obstacles can lead to stagnation. In fact, only 2% of female-led companies make it past the $1 million mark in sales.
BDC Emerge serves to connect:
- Female entrepreneurs leading organizations with less than $1 million in annual revenue
- Women business owners steering companies with up to 9 employees
- Emerging companies focused on improving organizational performance