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Categories
Systems

Minister Mary Ng Announces New $20M Women Entrepreneur Fund

Mary Ng, the Canadian minister of small business and export promotion,

 

On October 19th, Mary Ng, the Canadian minister of small business and export promotion, announced another new initiative, the Women Entrepreneurship Fund, a two-year $20-million commitment to invest directly in women-owned and women-led businesses across all sectors of the economy to help them grow and reach export markets. The funding is another part of Canada’s first Women Entrepreneurship Strategy.

This new opportunity to procure direct investment is welcome news to many women entrepreneurs!

This funding announcement comes just four weeks after the announcement of $85M in funding to strengthen and improve access to women’s entrepreneurship programming. Surprisingly, this announcement received zero mainstream media attention, other than its mention in a recent opinion piece by LiisBeth publisher, PK Mutch. A Google search yields no results other than the Ministry’s own press release.

Jason Easton, Chief of Staff for Mary Ng, was not surprised about the lack of coverage, noting that in his experience, mainstream press often overlooks announcements related to women’s economic advancement.  Easton added that the $85M fund would be spread over five years. Approximately $15M in total is earmarked for national organizations. The remaining $70M will prioritize regional, non-institutional applicants.

This is good news for community-based women-led co-working spaces, incubators, accelerators, networking organizations, and mentorship programs.

To learn more about how Minister Ng views the challenges faced by women entrepreneurs, read the Q&A prepared for LiisBeth by the communications staff at the Ministry of Innovation, Science and Economic Development Canada below.  It’s a good time to be a woman entrepreneur.


 

QUESTIONS FOR MINISTER NG, & ANSWERS

Q1.  What are some of the barriers that women entrepreneurs face?

Mary Ng: Women entrepreneurs face unique challenges compared to male entrepreneurs. They are less likely to seek financing and are more likely to be rejected or receive less money when they do. This has a huge impact on their ability to access capital.

As well, women entrepreneurs often have fewer mentorship and networking opportunities, face challenges in finding talent and expertise, and have difficulty securing large contracts and buyers. The impact of these barriers is clear: only 8.3% of women in Canada were self-employed in 2017 and only 16% of small businesses were women-led or -owned. We need to do better.

 

Q2.  What are you doing to help women succeed in business?

Ng: The Government of Canada is committed to addressing the barriers women face in starting or growing a business. That is why the Government is seeking to ensure the full and equal participation of women in the economy by increasing their access to financing, talent, networks and expertise through the Women Entrepreneurship Strategy (WES) announced in Budget 2018.

The strategy has several key elements, including the Women Entrepreneurship Knowledge Hub, which aims to collect and gather data with the goal of providing information, data and best practices for women entrepreneurs. The WES Ecosystem Fund will provide funding for mentorship, networking and skills development through third-party initiatives. The Women Entrepreneurship Fund will directly invest in women-owned or -led businesses.

 

Q3.  What is the Government of Canada doing to help women entrepreneurs overcome access-to-financing barriers?

Ng: The Women Entrepreneurship Strategy will make significant investments to improve women’s access to capital, advice, best practices and targeted, gap-closing support. The Government increased the lending resources for the Business Development Bank of Canada (BDC) to $1.4 billion. BDC’s Women in Technology Venture Fund was also increased to $200 million. As well, the Government provided Export Development Canada (EDC) with $250 million to help women-led businesses expand into international markets. The objective of all this is to support women-run businesses in starting up, scaling up and exporting.

Another program that will improve access-to-capital conditions for women entrepreneurs is the Venture Capital Catalyst Initiative. Through two investment streams, it aims to improve gender balance among Canadian VC managers and technology-based companies.

 

Q4.  The Government has announced an investment of $105 million in women entrepreneurs. What are the goals of this investment?

Ng: The objective of this investment is to double the number of women-owned and women-led business by 2025 by increasing women’s access to capital, debt financing, networks and advice. This will be done through two initiatives.

One is the Women Entrepreneurship Fund. It will invest directly in women-led companies, enabling them to scale up and grow their businesses. The other is the Women Entrepreneurship Strategy (WES) Ecosystem Fund. It will invest in third-party, not-for-profit organizations so they can identify new and innovative ways to support women entrepreneurs by closing gaps in areas such as mentorship, networking and skills development.

Q5.  What is the Women Entrepreneurship Fund?

Ng: The Women Entrepreneurship Fund is a two-year $20-million commitment to invest directly in women entrepreneurs in a diversity of industries, providing eligible companies with funding to help them grow. The fund will focus on supporting women entrepreneurs’ efforts to scale up and grow their businesses, as well as help them expand into new markets. .

Q6.  What types of organizations are eligible to apply for funding under the Women Entrepreneurship Fund?

Ng: Women-owned or women-led for-profit small and medium-sized businesses (fewer than 500 employees), including individual business owners, partnerships, social enterprises, corporations, co-operatives and Indigenous businesses, are eligible to apply for funding under this initiative.

Q7.  What will the Entrepreneurship Fund do for women entrepreneurs?

Ng: The Women Entrepreneurship Fund will provide successful applicants with up to $100,000 in funding (non-repayable contribution) to grow their existing businesses and help them mature to a state where they can pursue opportunities in new markets.

Activities that are eligible for funding include the development of market strategies and supply chain integration. The fund will also support women-owned and women-led firms in scale-up, expansion and growth activities such as product development, inventory management, upgrades to equipment and technology improvements.

Q8.  Why is increasing the participation and success of women entrepreneurs important to Canada’s economic future?

Ng: We know that the full and equal participation of women in the economy represents untapped potential. According to McKinsey, we could increase Canada’s GDP by $150 billion by 2026 simply by advancing women in high-productivity sectors and raising their participation in the labour force.

It is essential to Canada’s competiveness that we support women entrepreneurs—not just because it’s the right thing to do but also because it’s good for the bottom line.

Q9.  How is the Government addressing barriers faced by women entrepreneurs from diverse backgrounds?

Ng: Studies have shown that women from diverse backgrounds face additional barriers. The Women Entrepreneurship Knowledge Hub, a key pillar of the Women Entrepreneurship Strategy, aims to gather data on a variety of factors contributing to the current situation. Through the analysis of data, it will disseminate information, data and best practices for women entrepreneurs.

BDC is helping remove barriers for Indigenous women entrepreneurs. It is holding specific sessions of its WE Talk Business Boot Camps that are geared toward helping these women overcome barriers to entrepreneurship.

Q10.  How else is the Government of Canada supporting women?

Ng: The Women Entrepreneurship Strategy complements the Government’s broader efforts to advance gender equality, which include addressing pay equity, introducing more affordable childcare and putting an end to gender-based violence.

The Government is introducing a Gender Results Framework to guide future decision making and to measure its progress in fostering an economy that works for everyone. As well, it is moving forward with legislation to address pay equity in federally regulated sectors and is encouraging pay transparency by publishing its pay practices online.

In addition, the Government is helping women enter the trades with Apprenticeship Incentive Grants, implementing a National Housing Strategy that commits at least 25% of investments to projects that support women’s housing needs, and enhancing the Canada Child Benefit to help with the cost of raising children.

 

Categories
Activism & Action Our Voices Uncategorized

How to unlock billions of unrealized growth led by entrepreneurial women

First, acknowledge that Canada’s one-million-plus female entrepreneurs are not mini-men. Then, make new federal funding available only to women-led incubators and accelerators

In September, Mary Ng, the minister of small business and export promotion, announced a new $85-million fund to support women’s entrepreneurship programming.

That comes a year after a 2017 McKinsey consulting firm study on gender parity in Canada said it will take 180 years before women entrepreneurs and business owners will achieve gender parity in this country. While Canada is viewed as a leading nation in advancing gender equality, support for its one-million-plus female entrepreneurs clearly lags far behind.

As a female serial entrepreneur, I welcomed Ms. Ng’s announcement, but it’s not enough to pinkify startup and innovation funding. Wiping lipstick across current entrepreneurial programs will not reduce the challenges women face. We must first fundamentally change the entrepreneurial ecosystem – how it views women and what we encourage in these programs. In short, we must grasp that women who start businesses are not mini-men and alterations to the one-suit-fits-all approach to gender works to oppress, rather than unleash new economic potential.

Currently, the majority of incubator and accelerator environments that receive government funding to attract women act more like “re-education centres.” The programs aim to change female entrepreneurs so we behave more like men, herding us to leap into flashy tech sectors, embrace masculine approaches to starting and quickly scaling a business, and even abandon the very motivations that inspired us to start a business in the first place.

For many women, starting a business may be less about status, destruction and gaming the system than creating meaning and advancing justice.

Too often pink marketing tactics that attract female founders into accelerator programs fail on the retention side: After a few months of segregation and patronizing coaching, they run screaming out the door. Many segregated programs close down – not because women-only spaces are not needed, but because a segregated approach in a co-ed environment doesn’t work.

While I agree all-women spaces are truly important in many circumstances, due to the silencing and intimidation many women experience while in the presence of men (even those they love), lace-glove ghettoization in otherwise co-ed settings is the last thing women entrepreneurs need. These programs rarely succeed; women perceive these watered-down and otherwise undifferentiated programs as being sideline; they are for those who can’t cut it in the main ring.

For these reasons, I am challenging Ms. Ng to do something bold with this new funding: Use it to change the narrative on female entrepreneurship. Direct these dollars to supporting and validating women’s authentic approach to entrepreneurship rather than trying to make us more like men or steering us away from work we’re passionate about.

For example, the vast majority of female entrepreneurs today are drawn to start businesses in human-centred sectors such as care-giving, culture-making, education, health and wellness, hosting/tourism, food, community building and what we might call human development – belonging, spirituality, capacity-building and meaning-making.

Currently, these areas are perceived as mature, low growth, unremarkable, expensive to scale, and not export friendly. They have poor prospects of generating high wages, fat exit packages or monetary wealth for investors. As a result, investors and innovation policy makers deem these sectors to be an economic still pond. They look away, dazzled by rowdy tech startups with hockey stick growth curves. But if you are only looking for the fireworks, you miss the amazing things that are happening on the ground.

As the next wave of the artificial intelligence tech sector explodes – replacing human labour and creating social upheaval – that so-called still pond will look awfully deep. Human-centred businesses will become more vital than ever, with high-growth prospects and enviable process innovations that garner intellectual property value exportable to nations mired in worsening social decay.

If future value streams lie in funding companies that excel at work only humans can do, now is the time to support and drive entrepreneurship and innovation in these areas which, at present, tend to be women-led.

To unleash women’s potential as entrepreneurs, we also need to support process innovation (not just product innovation) and fund the growing number of alternative, experimental, community-based women-for-women programs and create opportunities to connect them so they might grow from strength to strength plus share points of view and best practices.

Such incubators should be generously sprinkled across the land to ensure local relevance and easy access and sparkle with colours – green, yellow, purple and raspberry, rather than corporate grey.

When it comes to programming, instead of typical engineer dude-developed curriculums, fund applicants who could deliver innovative curriculums based on newer and more relevant ideas developed by under-leveraged female thought leaders such as Adrienne Maree Brown (Emergent Strategy), Saras Sarasvathy (Effectual Entrepreneurship), Barbara Orser and Catherine Elliott (Feminine Capital) and CV Harquail plus Lex Schroeder (co-creators of the Feminist Business Model Canvas).

And, finally, this time let’s make the funds available only to women-led incubators and accelerators with a leadership team and mentor rosters composed of a minimum of 51 per cent women. Rather than trying to change women, they are more likely to work on overhauling inequitable political, economic, social and power structures in order to help women-led enterprises thrive. Systems changes can deliver huge benefits. For instance, working to get more women on boards is important in advancing women in the economy, but what about securing basic maternity leave benefits for women who own more than 49 per cent of their own incorporated businesses?

Female entrepreneurs are not mini-men clamouring for increased access to expensive, personally secured debt and willing to outsource care-giving of their loved ones in order to work 100-plus hours a week. The majority of us pursued entrepreneurship to escape a system that was not built to include us. It should be no surprise when we are not eager to give up hard-won control of our businesses, time and values by getting back into the patriarchal maelstrom, selling equity in order to drive up Canada’s GDP.

What we really want is access to diverse opportunities – to develop the opportunities we see, want to invest in, and pursue in our own way. It’s time we start looking at what we value economically, and how to create equity for and advance female entrepreneurs as they are, not what a system, arguably a broken system, wants them to be.


This article was originally published in The Globe and Mail, Canada’s National Newspaper on October 16th, 2018


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Categories
Activism & Action Transformative Ideas

Real Time Feminism Makes for Happy Campers

Feminist Campers, NYC (Catherine Drillis)

There are no campfires, cabins or cookouts at Feminist Camp, but if you are in your 20s and want to plan for your feminist future, this is your first stop.

Feminist Camp is an initiative of Soapbox Inc., the world’s largest feminist speakers’ bureau, and is housed at the Ms. Foundation for Women in New York City. The camp brings together women of all ages (but mostly college-aged) from all over the world to meet and learn from feminists in the workplace.

The Camp was co-founded by Amy Richards and Jennifer Baumgardner, authors of Manifesta: Young Women, Feminism and the Future. After a number of speaking engagements at local colleges, they felt that the curriculum being taught was outdated and not in sync with contemporary feminist experience. So the two set out to design an event to showcase professional possibilities for which a feminist perspective and a women’s studies degree would come in handy. Says Richards: “There are a myriad of jobs where one can practice their feminism, especially those professions and job sites that aren’t as obviously feminist.” Feminist Camp, like Soapbox and other projects, aims to bridge the divide between feminist theory and feminist practice.

A Typical Camp Day

A typical day at camp could start with a visit to meet and chat with some judges and police officers at a court in Queens. After lunch, campers might stop at a gallery showing feminist art, or take a trip to adoption clinic or a visit with a feminist publisher. Feminist Camp is an immersive experience intended to provide access to spaces and people bringing feminist values to the workplace.

Feminist Camp field trip (Catherine Drillis)

A key takeaway for campers is that you don’t have to compromise financial independence to be a feminist. “It is okay towant to make money and be a feminist,” says Richards.

Students learn that there are many avenues to bring a gender lens to social issues. Jillian Heller was a recent participant in the June 2018 camp and found the experience to be practical. “Since Feminist Camp I’ve prioritized community-building in digital spaces as one of my “must-do’s” in my career in digital writing and editing and aim to figure out just how to do that at graduate school this September,” said Heller.

Summer and Winter Camping

The New York location hosts camps twice a year in January and June with 12 to 15 campers per session. Feminist Camp is a not-for-profit with fees of $1,500 per session that are subsidized by profits from Soapbox and other supporters. Financial aid is available.

A former camper established a satellite camp in Seattle, to offer that experience in her home city.

Other camp locations include Zambia, which has been taking Americans to Africa for the past three years to explore feminism outside a western perspective and meet local feminist organizers. In Massachusetts, Hampshire College hosts Feminist Camp for high school-aged feminists, taught in conjunction with their Civil Liberties and Public Policy Program.

Richards says plans are in the works for “more camps, more locations, mini-camps, more connections with alums as well as enlarging the program for the corporate workforce. Already, there is an active alumnae community of several hundred women to build from.”

Practice What You Preach

The best part? I met with Blaine Edens, Director of Operations at Feminist Camp, to check out their digs in Brooklyn, N.Y. We met in Gloria Steinem’s office the Ms. Foundation. Steinem, surely, could have commanded the corner office—the traditional symbol of success in the workplace—which would offer magnificent views of the Brooklyn Bridge Manhattan skyline. But that prime spot was given over to the communal lunch room, to be enjoyed by by all. To me, that reflected practical feminism at work, one lunchroom at a time.

www.feministcamp.com

New York City (Catherine Drillis)

Categories
Activism & Action Featured Our Voices

Change Makers: A unique residency supports women entrepreneurs on the front line of social innovation

Centre for Civic Innovation participants at dinner

 

In 2016, Atlanta earned the dubious distinction of having the highest rate of income inequality among big cities in the United States, after years of inching up the rankings. By then, Rohit Malhotra had decided to make it his life work to improve the city’s economic challenges, and he tapped into a unique source of talent to do so – women entrepreneurs.

Malhotra founded the Center for Civic Innovation (CCI) in 2014, after working on civic innovation initiatives in the Obama administration and studying how civic innovation could be a tool for addressing inequality in Atlanta at Harvard University’s John F. Kennedy School of Government. After hearing about CCI, perhaps the city’s most influential female entrepreneur, Spanx CEO and founder, Sara Blakely, reached out to Malhotra. She was interested in creating positive change in her community while also supporting female entrepreneurs and decided to partner with CCI to establish a residency to support civic-minded women entrepreneurs who are, as Blakely describes it, “the new guard of social change – operating at the intersection of entrepreneurship and philanthropy.”

The one-year residency provides financial and development support to entrepreneurs to cover salaries, health care and product development as well as coaching, mentorship and workspace in CCI’s offices. So far, 18 women leading startups have participated. This year, the residency will expand to include four men, though the women will still have an independent program backed by Blakely. Says Blakely, “I am inspired by the work they are doing and excited to see what their futures hold.”

So what is that work?

It’s about addressing “challenges that are at the root and the systemic reasoning for inequality to exist in the first place,” says Malhotra. And the residency measures its entrepreneurs by how much they achieve – not by financial indicators.

Consider the Dharma Project, which brings yoga to organizations that experience high levels of stress dealing with effects of income equality, such as police officers. “What we’re looking for is not just does that yoga studio sell a bunch of yoga mats because that’s how they can make a ton of money. What we’re interested in is: What has city hall changed about the way that they measure performance and reduction of stress of police officers?”

Cooking Up Big Ideas

I visited one of the Residency’s newest members, Jenn Graham, at her breezy home on a tree-lined street in Old Fourth Ward, the diverse Atlanta neighborhood where Martin Luther King, Jr. was born. Graham’s seven-week-old baby was sleeping upstairs as we sat downstairs at the kitchen table where Graham often holds staff meetings for her startup, Civic Dinners.

The 34-year-old founded the company after working with Atlanta Streets Alive, a project that closes some streets to cars for a few hours to allow people to socialize and experience the neighborhood without the buzz of traffic. People often live in bubbles, she says, that prevent them from meeting with others with different perspectives or backgrounds, especially true in a financially unequal city such as Atlanta. But she saw the power in connection. And that’s what gave birth to her idea for Civic Dinners.

Its goal is straight forward: Gather diverse people for meals to discuss issues that affect them such as mobility, transit, and livability in their community. “We launched this idea of let’s bring people together over food, just make it fun, make it social and have a conversation,” Graham says. She started experimenting with the idea in 2014, officially launched the company in 2017 and today it has 10 employees with clients ranging from cities, regional planning commissions, nonprofits and even thought leaders eager to tap into diverse perspectives.

Anyone can sign up to host a dinner for six to eight diverse community members. Hosts pick a time and location, either a restaurant or their home. Every guest pays for their meal, and Civic Dinners provides organizational tools to bring people together as well as questions to spark conversation. In short, it’s a civic focus group fueled by the joy of sharing a meal.

Conversations at the intimate dinner parties bring up unique thoughts, ideas, and opinions on topics of concern to clients, whether it’s aging or affordable housing. After the dinner, Civic Dinners emails hosts and guests to gather insights discussed over dinner. Civic Dinners may also follow up with interviews and prepares a report for each client with key findings.

Change in action

The Atlanta Regional Commission, a civic planning agency, typically gathers feedback from meetings and surveys with Atlanta residents. It turned to Civic Dinners to tap deeper into community concerns. Graham says feedback from dinners they organized influenced ARC to create a new bike-pedestrian plan.

“We can reach further and deeper in conversation and allow for real dialogue, real questions and inquiry,” says Graham. “It’s been useful in convincing some political leaders who may not hear these perspectives in their day-to-day life.”

In 2016, Civic Dinners piloted a series of dinners about the state of women, to connect women and foster civic leaders among them. Two who met at one of the dinners became business partners and started a women’s co-working space in Atlanta. The dinners proved so popular, Civic Dinners is looking to partner with an organization to relaunch them.

Value of shared leadership

The company operates much like the events they organize. Graham describes it as a flat structure with shared leadership. Employees work remotely but gather together for lunch every Thursday, alternating who hosts and leads the team meeting. Graham says great ideas can come from anyone and usually come up at these lunches.

Saba Long, the chief marketing and communications strategist, concurs. “We are very much a believer in team. There’s no one-upmanship. If I need support on something, I’m not afraid to ask for support. It’s very much a collective type of environment. We’re working together for a common good.”

Graham, who has just begun her CCI residency, will use the support to help her company scale up. So far the company has held more than 900 dinners worldwide; it plans to hit more than 1,000 for 2018 alone. Graham wants Civic Dinners to become the go-to platform for holding community conversations and make it easier for organizations, governments, universities and companies to more easily engage people in creating social change.

Teaching With a Difference In Mind

A member of the first residency class in 2017, Tiffany Ray, founded Generation Infocus in 2013 to offer equal and inspiring project-based learning opportunities to kids from pre-K through grade 12, introducing kids to careers and entrepreneurial aspirations they may never have considered.

The social-innovation educational company is headquartered in a renovated historic building in Hapeville, a city adjacent to Atlanta. It has class space, an art gallery, a wearable technology lab, and a garden that supports vegan cooking classes. They work with schools, run after school and summer programs, and recently launched a “Mobile Maker Space” in the form of a bus that travels to community groups and schools to teach STEAM —science, technology, engineering, art and mathematics.

Generation Infocus charges schools and libraries for programs while parents pay for after-school programs, but the company secured a grant from the county to offer free programming for children from lower income households.

Ray, 37, says the CCI residency allowed her to meet and work with other entrepreneurial women. “One of the great advantages to being in a collective like that was to have other people who are in the trenches, who have different challenges,” she says. “The conversations that happen around those classes can be phenomenal at times, so you’re really learning a lot being with other women.”

Importance of self care

She also took advantage of the residency’s wholistic approach to supporting entrepreneurs, which means not just taking care of business but taking care of yourself. She used the health-care stipend to hire a personal trainer and managed to shed 50 pounds during the program.

Ray also used her year to explore expanding Generation Infocus, through franchising and licensing. Her long-term goal is to create services, including curriculum and leadership development, for educators starting business ventures.

Ray has established a track record on that front already, hiring local talent who often suffer precarious employment—such as an actress to teach theater or a seamstress to teach in the wearable technology lab. That helps creatives diversify income and still have the time to build creative careers.

Ray also offers monthly management training for her employees to develop leadership skills. “Sometimes, they may not have the skillset. They never hired staff before. They never learned how to manage in crisis or how to provide customer service to parents who may be upset. So there are so many different facets to being a leader, particularly in education.” She says it’s relevant and critical to build up the people that work for Generation Infocus. “Because then they’re not stagnant. Then they want to stay and then they want to grow.”

April Singley started with the company as a theatre teacher in 2016 and is now a program director. She says Generation Infocus fosters teamwork and encourages its employees to share ideas. “Everybody works together very much as a team, but also we are looked at as individuals. We do recognize the strengths in our peers and our colleagues. We want to foster that, and we also encourage people to keep cultivating that, keep bringing their ideas forward.”

And that’s exactly the sort of values the founder of CCI, Malhotra, looks for in supporting CCI residents. He says each entrepreneur has designed her business model with feminist values at the core. “What I love about ventures we work with is they are values-driven first. Those are values that will not be compromised for financial returns.”


For more changing-making enlightenment:

LiisBeth asked company founders interviewed for Change Makers for books that inspired them. Tiffany Ray suggested EntreLeadership while Jenn Graham recommended Enlightened Power: How Women are Transforming the Practice of Leadership

Categories
Feminist Practices

Why #YouToo Should Buy From Women-Led Enterprises

The evidence is in. Supporting women-led enterprises in their efforts to scale will help grow the global economy to the tune of an extra $150 billion in Canada alone. Governments and corporations starved of economic growth have taken note. And today, support for women entrepreneurs is a key part of any forward-looking entities’ strategic plans, as well as power-seeking political party platforms.

While the increase in support initiatives for women entrepreneurs is cause for hope when it comes to creating new opportunities for women and girls in our lifetime, the fact is that the penny-opera-sized seed grants, free boot camps, and plethora of pink empowerment networking events do little to help an already established business grow and achieve financial sustainability. What ready-to-scale socially marginalized entrepreneurs need most is established, paying customers.

This is Where You Come In

Bar none, the best way to help women and, yes, other minority gender–led businesses scale is to simply be intentional about buying from them versus buying from the first name that pops up on Google the next time you conduct a vendor review or search for a new supplier.

How to Step Up Your Purchasing Levels from Women-Led Enterprises

It’s simple. All you need to do is establish a gender lens–based procurement policy. Take for example, LiisBeth,our indie, fast-growing, Toronto-based, B Corp-certified, “feminists-in-business”-focused media company. As readers’s know, LiisBeth’s mission is to help entrepreneurs and innovators build enterprises or new products and services that align with feminist values and practices. Its procurement policy (noted verbatim below) tightly aligns with its overall mission:

LiisBeth’s Gender-Responsive Procurement Commitment

LiisBeth strives to do business with like-minded and values-aligned enterprises. In making purchasing decisions, we prioritize buying from women-led firms (minimum of 51% ownership by women) as well as entities with a clear commitment to gender equity. As a proxy for assessing corporate vendor commitment to gender equity, we ask all our suppliers to provide information regarding the percentage of women (1) employed in the supplier’s organization, (2) in board, executive, and senior positions, and (3) shareholders.

WeConnect International members are automatically approved.

LiisBeth suppliers are also invited to (1) become signatories to the Women’s Empowerment Principles (WEPs) for companies with more than 10 employees (fee is $500), or (2) sign the Voluntary Agreement to Promote Gender Equality and Women’s Empowerment for companies with fewer than 10 employees (free), or (3) complete the B Corp Inclusion Challenge free self-assessment and submit the results. Finally, self-employed suppliers are invited to complete the free Gender-Based Analysis Plus online course available through the Status of Women Canada and let us know you have completed it by sharing your completion certificate.

Companies that have either signed the voluntary agreement or the WEPs and have exceptionally strong gender-responsive policies or outcomes will be invited to do business with LiisBeth.

Is a Gender-Responsive Purchasing Policy a Radical Move?

No.

The idea of leveraging procurement dollars to help women and minority-led enterprises scale is not new. In fact, organizations like WeConnect U.S. and, more recently, WeConnect International and WeConnect Canada, has been working for decades to help match government and corporate purchasing agents with qualified entrepreneurs as a way of providing them with the business opportunities they need to grow. Yet, despite all the advocacy and work behind the scenes, the number remains low: it’s in the 1% to 5% range depending on where you live and what report you look at. Governments are working to accelerate moving the dial by creating new targets. For example, as of 2018, the Canadian government has moved to allocate 5% of federal contracts to SMEs (primarily defined as incorporated enterprises with 5-100 employees) that are at least 51% owned by women.

It’s great that governments and some large corporations recognize the impact they can have by creating diversity procurement policies. But in order to drive real change, small to medium-size enterprises, the backbone of all economies, also need to participate in this effort.

Is it Hard for SMEs to Adhere to a Gender-Led Procurement Policy?

No. I know because I have founded and run two of them. Here is what I can tell you.

It simply takes will. Plus a little bit of additional effort at first to find and vet women-led firms that can serve as viable alternatives.

That said, sourcing for women-led suppliers is getting easier all the time. Today, there are a number of online directories available that can help you identify a women-led firm to buy from including Beacon DC and Women Owned. Google has added a new women-led attribute icon to the local panel, which means you can now easily search for businesses owned by women on the web.

You can also learn about new emerging enterprises by subscribing to magazines focused on surfacing the work of women entrepreneurs, like LiisBeth.com, which has created a list of over 100 women entrepreneur support organizations for its subscribers and routinely profiles innovative ventures like Katrina McKay’s Uplevel Solutions, Bold Betties, a women-owned adventure company, and City of Women, a women’s business directory in Toronto. You can also follow women-led investment funds  like SheEO, the Big Push, engage with women-founder community organizations, join organizations like the Canadian Women’s Chamber of Commerce, or engage with women-founder-oriented co-working spaces like Women on the Move and Make Lemonade.

All It Takes Is a Decision

If you run and own a business and care about equity and inclusion, then reviewing your procurement practices is something—other than marching in the streets and retweeting slogans (also good)—that you can do now that will have real impact.

So the next time you need a caterer, AI developer, executive team-building event, or strategy consulting firm, consider a women-led alternative.

Driving real change will take more than an allocation of federal contracts to level the playing field.

#BuyWomenLed #YouToo #TheFutureIsFeminist


 

Categories
Uncategorized

Get (More) Shit Done: Outsource to Level Up Your Entrepreneurial Game

Katrina McKay is the founder of Uplevel Solutions.

 

During a dark period in Katrina McKay’s life many years ago, she visited a temple in India dedicated to Lakshmi, the Hindu goddess of prosperity. The only visible foreigner, and unfamiliar with local religious customs, she was overwhelmed. When she reached the temple’s altar to offer some crumpled bills, two poor women handed her flowers and treats to leave instead. “I felt so loved and so connected,” McKay recalls.

A thought occurred to McKay: “I want to be a living Lakshmi.” At the time, she didn’t know how she would accomplish this, but she was determined to create some kind of abundance for others.

Today, the serial feminist entrepreneur and founder of Uplevel Solutions, a provider of outsourced business services for startups and emerging companies, is on her way to fulfilling her mission. She has created sustainable employment primarily for women in the Philippines, while helping entrepreneurs in Canada and other developed countries grow their own enterprises.

 

The Path to Entrepreneurship is Rarely Straight

I met with McKay at The Spoke Club, a private club in Toronto, to talk about her entrepreneurial mission. The 35-year-old CEO nestled into a chair beside a sunlit window and looked, well, decidedly anti-corporate: long black hair, a nose ring, and the word “Sisu” (Finnish for “will”) tattooed on the back of her neck. Indeed, she describes her path in business as circuitous.

Her start was rather traditional, however. Grew up in a prosperous family in Mississauga, a city just outside Toronto. Attended Appleby College, a private school. Looking back, she says she was always an entrepreneur at heart. “I know that’s super cliché,” she says, adding that even as a kid, she was always trying to create value in the world, starting an environmental club and organizing charity fundraisers at her school.

Yet, she steered clear of business, pursuing a degree in French literature and philosophy at the University of Toronto, graduating in 2005. At the end of her first year, she took another unexpected detour, falling in love with an Australian who was in Canada on a holiday visa. “I didn’t have little girl princess dreams of being in a white dress,” McKay says. She married at the age of 20 so her boyfriend could stay in Canada. She also thought she could help him overcome his mental health challenges. “I believed I could love him more than he hated himself.”

After graduation, McKay worked in various fast-paced and demanding marketing roles in small and medium-sized enterprises (SMEs). “I was bright and inexpensive,” she says. When her bosses had an idea, she ran with it. Looking back, she says, “I was living entrepreneurship. It just wasn’t my company.”

But as McKay’s husband deteriorated mentally and physically, she decided to join a major Canadian health charity in 2009. It was a conservative, bureaucratic environment for a progressive go-getter like McKay, but it provided her with a steady salary, benefits, and predictable hours. This allowed her to fulfill her “strange role as housewife and also breadwinner.”

Despite her efforts, McKay could not save her husband. He died by suicide a year later. “Super dark,” she says of that time. “There is no playbook for being a widow at 27.”

She also struggled in her job, which had become “soul sucking,” especially since the sole reason she was in it was gone. She thought, “I refuse to be stuck.”

So McKay started to moonlight.

 

Creating Your Own Opportunities is Key

In 2010, McKay launched Ohhh Canada, an online shop for sex toys and apparel. This entrepreneurial venture, she says, was about celebrating life after what had become a sexless marriage. “Sexual empowerment is a big part of healing,” she says.

She also started freelancing as a marketing consultant for SMEs. However, she didn’t quit her day job just yet. “There is this idea among some entrepreneurs that you are only a real entrepreneur if you burn those bridges, cut those ties, and put things on a credit card,” she says. But McKay is pragmatic; she knew the value of a steady paycheque to finance her dreams.

But by 2011, the juggling of a salaried position and her side businesses became too much. McKay fell into a loving, stable romantic relationship (they’re still partners). There was no personal care-taking involved but she regularly worked 100-hour weeks at her various ventures and was exhausted. “My partner would ask, ‘What do you want for dinner?’ and I would burst into tears.”

What little time she had to herself was quickly filled with invitations to lunch from marketing clients and people in her network who noticed the sudden growth of Ohhh Canada. They wanted to pick her brain about how to fix their own company or launch an e-commerce business. She said sure for a while then realized, “Wait a minute. What I’m actually doing is coaching.” So she expanded her marketing consulting business and added business coaching to help entrepreneurs realize their entrepreneurial vision.

But McKay became desperate for any help to lighten her load. She tried hiring locally but found it difficult to attract and retain talent as a small business. “It was expensive for my little fledgling business when I was trying to put money aside to quit my full-time job.” People would quit and she would be back to square one. “It’s a gig economy,” she says. “How much loyalty will they show you when another employer offers more hours or money, and a more enchanting opportunity?”

That’s when the idea of hiring a virtual assistant dawned on her. She had trained virtual teams in India before for a client in the conference marketing industry. She thought, “Why am I not doing this for myself?” She advertised for Ohhh Canada on an outsourcing site. Metchell Jackson, a Filipino woman in her early 30s living in Dumaguete City, answered her call.

Jackson, an IT graduate, was doing outsourcing work in the call centre of a large retailer at the time but says her “brain cells were dying.” She was intrigued by the opportunity to work with a female entrepreneur, especially one working in the sex business. “I’m very open-minded,” she tells me via Skype. “I have a different view than regular Filipinos. They view [sex] as taboo and bad.”

McKay conducted a job interview with Jackson via Skype and the two said they loved each other instantly. “It sounds so cheesy but it’s true,” McKay says.

When McKay asked her to work full-time, Jackson jumped at the chance. “I believed in her mission.” Jackson initially provided customer service for Ohhh Canada then became McKay’s executive assistant for her coaching business, interacting with clients virtually. Soon clients began to ask McKay, “How can I get access to people like Metchell?”

McKay realized her clients faced the same business challenges she had in finding competent, reliable help that they could afford. That’s when yet another entrepreneurial idea hit McKay.

 

Creating Opportunities for Others is Good for Business

In 2013, McKay launched Uplevel Solutions. By then, she was doing well enough to bootstrap the non-profit on her own.

It helped that Jackson was her “boots on the ground” in the Philippines, sourcing talent there. Uplevel currently has more than 30 team members, mostly women in the Philippines. It also employs a handful of people in Toronto, led by McKay, who focus on strategy development and management of the business.

McKay has now brought all of her ventures (outsourced business services, marketing consulting, and business coaching) under the Uplevel Solutions banner. She says Ohhh Canada is currently on “hiatus” as she repositions it. Typical clients of Uplevel bring in revenue ranging from $250,000 to $1.5 million. “This is our sweet spot,” says McKay.

Her clients are mostly headquartered in Canada, the United States, Australia, and the United Kingdom. They pay US$5 an hour for virtual administrative support, which generates about 70 per cent of Uplevel’s revenue. The other 30 per cent is comprised of more strategic services such as marketing consulting, public relations, and business coaching (at $2,800 per day).

Half of Uplevel’s clients are female entrepreneurs. Shannon Crane, the founder of Brass Vixens in Toronto, turned to McKay for business coaching when she opened the first of her four pole dancing studios in Toronto six years ago. Back then, she says she was doing everything (“I cleaned the bathrooms, I was answering the phones, I was teaching classes”). She had struggled to find good help since she couldn’t offer predictable hours. Some weeks required 20 hours, other weeks only two. “People weren’t banging down my door [for work],” she says. And as a self-described “control freak,” she struggled with the idea of outsourcing, which requires sharing sensitive information such as passwords with people she had never met. But she trusted McKay and decided to give it a shot.

She was initially surprised by the low rates. Before signing on, she sought confirmation that Uplevel’s employees are paid fairly and the company helps women be successful in their communities. “It’s important for me to align myself with other businesses who are not only like-minded but are also very female positive,” she says. Now, Crane relies on Uplevel for administrative support such as webmaster services.

McKay says that many of her clients would not be able to afford help at all while starting their businesses, even at minimum wage rates in Canada. In the Philippines, Uplevel is able to pay well above that country’s minimum wage, which McKay says varies between rural and urban areas. Her company also pays for training during probation, which is less common in the Philippines. Jackson, McKay’s original hire, is now a manager, earning almost five times what she made in her previous call centre job.

It’s not just the ability to afford help that makes outsourcing attractive to Uplevel’s entrepreneur clients. They often don’t have the time or inclination to find the right talent, invest in training, and deal with thorny HR issues such as performance problems. “I love leading and training people,” McKay says. “And in some cases [entrepreneurs] just don’t have the time to do that. It’s a hassle they don’t really want to be adding to their life or their business.”

As McKay says of many Uplevel clients, “They need to pass some of [the work] off so they can go out to do what they do—continue to grow their empires.”

 

Staying True to the Mission Takes Work

McKay acknowledges that a stigma has developed around outsourcing due to the exploitation of foreign labour, poor work quality, and the perception that it takes jobs away from Canadians. She says her company has to work hard to overcome that stigma. To her, she sees outsourcing a little differently; it’s a way to give women a leg up in developing countries.

“There aren’t a lot of opportunities for brilliant and talented women,” she says, pointing out that many Filipino women move to Dubai or Canada to work as nannies and send money home to support their own small children. “It’s heartbreaking.”

Jackson, who does most of the recruiting, has a bias towards hiring women. “Because in the Philippines, it’s like they are stuck to be like a wife, nothing more,” she says. “I want to change that.”

One of Jackson’s recruits is Edna Viola, a neighbour. The 23-year-old single Filipino mother had dropped out of teacher’s college after becoming pregnant. “I imagined myself teaching,” she says. “I so loved children.” Instead, she returned home with dim prospects to her parents, who worked as subsistence farmers.

She was considering taking a job at a call centre but it entailed risky night travel. “There are a lot of robbers and bad guys out there,” she says. She was relieved when Uplevel offered work. Though she has to work similar hours, from 10 p.m. to 7 a.m. to coincide with North American business hours, she is able to do so safely from home, which also allows her to be close to her son. She also saves on the cost of travel and work clothes.

Viola, like all new hires, started with non-client-facing work. Her skills and attitude were assessed during an eight-week paid probation period, then she was given a development plan, which involved meeting with McKay or another senior manager to discuss past performance and future aspirations. Viola is now a team leader. When McKay first approached her to take on the role, Viola said, “Oh no, I can’t do that. Can you assign to other people?” McKay was adamant. “No, you can do it; we believe in you.”

For McKay, investing in people is important. While all new hires have to be competent in written and spoken English, Uplevel offers internal coaching to support advancement and external resources such as English teachers to help managers communicate with greater professionalism. Employees can receive paid time off to volunteer in the community as long as it is not for political or religious organizations.

Perhaps what is most unusual for a virtual company is the sense of team McKay strives to create. She makes quarterly video calls with everyone in the company. “The team loves that,” says McKay. She also travels to the Philippines annually to bring people together in face-to-face meetings. “We ask how people are feeling and we actually care. Don’t get me wrong, we get on to business; we talk numbers; we talk progress reports and spell out KPIs but we are a people-based business.”

She encourages employees to talk about their life mission at every meeting. McKay takes pride in how people’s missions have changed since joining Uplevel. At the start, Viola’s was to support her family and afford a birthday party for her son. Supporting her family remains her priority but she has begun to dream bigger, setting a goal to travel to Paris. “Her experience and understanding of abundance has changed dramatically,” McKay says.

Uplevel distinguishes itself from other companies providing offshore talent in a key way, according to David Creelman, a corporate consultant on human capital management and co-author of Lead the Work: Navigating a World Beyond Employment. He says not many companies leveraging technology to build virtual teams invest in people the way Uplevel does. “I would say this is unusual,” he says.

Creelman explains that the more standard practice is for North American employers to treat people as dispensable freelancers—even though investing in creating a stable team and a high-involvement culture is a high-performance model. “It’s an interesting competitive strategy that McKay is adopting because we do know if you can pull off a high-involvement work culture, it’s very productive. There is good research on that.”

But Creelman adds a cautionary note: “The evidence also shows that [a high-involvement culture] is hard to sustain and most companies that try it eventually give it up.” Short-term financial pressures often cause managers to lose sight of longer-term strategic benefits. “They start cutting back on training, take career pathing less seriously, and find ways to cut back on compensation and benefits.”

McKay is determined not to let that happen. She says she is not in this business for a quick win. A key part of her mission since her encounter with the Hindu goddess of prosperity so many years ago has been to create abundance for others, though she admits Uplevel was an unexpected way to go about it. “I did not set out to create a business-support services company,” McKay laughs. “How unsexy is that? Yawn. I go from sex toys and lingerie to business support services?”

But her mission continues to fire up business. Uplevel’s top-line revenue has grown steadily, about 25 per cent annually. In the next twelve months, McKay anticipates doubling that, in part by partnering with other service providers to expand Uplevel’s range of services. She wants to be the “go-to company for entrepreneurs looking to grow their company.”

She also wants to live up to the ideals of another hero, Richard Branson. “He always says he takes care of his employees first and then relies on employees to take care of clients,” McKay says. “I feel the same.”

 


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