swiss ep 25. passion project wise vietnam

Short Summary:
This presentation focuses on a passion project, "Financing Home," aimed at addressing the significant lack of access to finance for women entrepreneurs in Vietnam. The project tackles this issue by working on both the supply and demand sides. On the demand side, it prepares women founders to be investment-ready. On the supply side, it educates investors about the potential of women-led businesses and facilitates connections between them. The project aims to increase investment in women-led businesses, using data highlighting the current disparity (e.g., only 2% of funding raised last year went to women). The project seeks partnerships with fintech companies, banks, and other financial institutions to expand its reach and impact.
Detailed Summary:
The presentation can be broken down into the following sections:
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The Problem: The speaker highlights the persistent and significant barrier of access to finance for women entrepreneurs, citing statistics showing a minuscule percentage of funding received by women founders (2% in the previous year, and only 1.65% in 2021). This lack of access limits growth and scale for women-owned businesses, with the speaker mentioning a significant funding gap estimated in the millions of dollars. Underlying issues like gender disparity, mobility limitations, and social expectations are also identified as contributing factors.
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The Project: Financing Home: This section introduces the project's core goal: to address the finance gap for women entrepreneurs in Vietnam. The project operates on a two-pronged approach:
- Demand-side: Preparing women founders to be investment-ready, making them more attractive to investors.
- Supply-side: Educating investors about the potential of women-led businesses and facilitating connections between women entrepreneurs and investors through an accelerator program (ACC). This includes working with banks to offer opportunities for micro and small businesses.
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Project Activities and Partnerships: The speaker details the project's activities, including facilitating investment matches between women entrepreneurs and investors through their ACC program. They are also working with banks to create opportunities for micro and small businesses. The presentation emphasizes the importance of bridging the gap between investors and women founders, promoting understanding of the women founders' capacity and potential.
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Future Plans and Call to Action: The speaker outlines future plans, including activating partnerships, piloting the program to measure impact, and seeking support from the audience. They specifically request referrals to relevant organizations, including fintech companies offering financial solutions for startups and banks, to help identify solutions and expand their network to better support female entrepreneurs. The overall goal is to increase access to finance for women-led businesses in Vietnam.