Sydney is ranked as the eighth best city for female entrepreneurs, so what does this mean for women looking to make a technology startup?
In the modern age, women are making strides across a range of industries, including technology, with some even entering into the world of start ups. However, there are still some challenges that women in IT jobs are facing, as well as those looking to become entrepreneurs.
Nevertheless, a new study revealing the top cities for female entrepreneurs suggests that now may be a good time for women looking to make a splash in the Australian technology sector with innovative new solutions.
Sydney a ripe ground for startups by women
Dell’s 2016 Women Entrepreneur Cities Index has detailed the cities currently providing the best support for female entrepreneurs, with New York, the Bay Area and London coming out on top. Sydney is ranked eighth on the list, which is good news for women in the region looking to undertake a startup.
According to Karen Quintos, senior vice president at Dell, it’s important for female business owners to have adequate support no matter where they live.
“Innovation and job creation by women entrepreneurs is critical for a thriving global economy, yet our research shows some cities and countries are doing far more than others to encourage and support this important subset of the startup community,” she said.
For women in Sydney, at least, the support they are receiving is making a big difference to the success of their startups. A good example of this is entrepreneur Noga Edelstein, co-founder of UrbanYou, who believes that being a woman was beneficial for her business.
“Being female founders has actually been a distinct advantage for UrbanYou, as we’ve been able to access networks and resources that are dedicated to supporting female entrepreneurs,” she told StartupSmart.
Why women in tech startups are vital
It’s essential that Australia continues to create a supportive environment for female entrepreneurs, as they are central to maintaining a competitive market. This is particularly true for sectors like technology, which depend upon a constant flow of new ideas and innovations in order to develop.
FastCompany says that diversity is central to the tech startup landscape, because a market dominated by men would only represent half the population. As a result, Australia would not have access to the fresh solutions bound to arise from ultilising the differing expertise and perspectives of female entrepreneurs.
So, if you are a woman looking to take your IT career to the next level, make the most of the shifting entrepreneurial landscape and cultivate innovation with a new technology startup.