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South Asia Women’s Entrepreneurship Symposium OVERVIEW In Bangladesh, women continue to face a range of cultural, financial, and legal barriers to start and grow businesses that must be addressed. At the SAWES forum in Dhaka in December 2012, participants from South and Central Asia identified specific barriers affecting women entrepreneurs, including access to finance, markets, information, and networks; and discriminatory laws and practices. Following this forum, e Asia Foundation designed and implemented a project to: Foster a South Asian regional network of women entrepreneurs to facilitate women’s ability to grow their businesses and conduct trade. Support strategic projects in South Asia that build the capacity of women’s business associations and women leaders to be able to support an enabling environment for women entrepreneurs. PROGRAM ACHIEVEMENTS COUNTRY-LEVEL ANALYSIS e Asia Foundation conducted an assessment and mapping in Bangladesh to understand strengths, weaknesses, and opportunities of six business associations and chambers of commerce. EXPOSURE TOUR An exposure tour in April 2014 brought to- gether more than 50 women entrepreneurs from Afghanistan, Bangladesh, India, the Maldives, Myanmar, Nepal, and Sri Lanka. Participants visited the Bangladesh Rural Advancement Com- mittee’s village-level entrepreneurship programs for women and a woman-owned ready-made garment factory, met with the SME Foundation, attended a networking event, and showcased their products at a mini-marketplace. REGIONAL COOPERATION rough a SAWES small grants competition, the Bangladesh Women Chamber of From September 2012 through October 2015, The Asia Foundation implemented an innovative South Asia regional program to advance women’s entrepreneurship. This program, supported by the U.S. Department of State, advanced the U.S. Government’s “New Silk Road” goals of enhanced regional economic integra- tion and increased trade across South and Central Asia. The program built directly on the DOS 2012 South Asia Women’s Entrepreneurship Symposium (SAWES), and was implemented in Bangladesh, India, Nepal, and Sri Lanka, with engagement from the Maldives, Bhutan, Pakistan, Afghanistan and Myanmar. Accelerating Women’s Entrepreneurship in Bangladesh The SAWES program was implemented in Bangladesh, India, Nepal, and Sri Lanka. BANGLADESH The Asia Foundation conducted a country- level assessment and mapping of six business associa- tions and chambers of commerce in Bangladesh.

South Asia Women’s Entrepreneurship Symposium · South Asia Women’s Entrepreneurship Symposium OVERVIEW In Bangladesh, women continue to face a range of cultural, fi nancial,

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Page 1: South Asia Women’s Entrepreneurship Symposium · South Asia Women’s Entrepreneurship Symposium OVERVIEW In Bangladesh, women continue to face a range of cultural, fi nancial,

South Asia Women’s Entrepreneurship Symposium

OVERVIEW

In Bangladesh, women continue to face a range of cultural, fi nancial, and legal barriers to start and grow businesses that must be addressed. At the SAWES forum in Dhaka in December 2012, participants from South and Central Asia identifi ed specifi c barriers aff ecting women entrepreneurs, including access to fi nance, markets, information, and networks; and discriminatory laws and practices. Following this forum, Th e Asia Foundation designed and implemented a project to:

• Foster a South Asian regional network of women entrepreneurs to facilitate women’s ability to grow their businesses and conduct trade.

• Support strategic projects in South Asia that build the capacity of women’s business associations and women leaders to be able to support an enabling environment for women entrepreneurs.

PROGRAM ACHIEVEMENTS

COUNTRY-LEVEL ANALYSIS

Th e Asia Foundation conducted an assessment and mapping in Bangladesh to understand strengths, weaknesses, and opportunities of six business associations and chambers of commerce.

EXPOSURE TOUR

An exposure tour in April 2014 brought to-gether more than 50 women entrepreneurs from Afghanistan, Bangladesh, India, the Maldives, Myanmar, Nepal, and Sri Lanka. Participants visited the Bangladesh Rural Advancement Com-mittee’s village-level entrepreneurship programs for women and a woman-owned ready-made garment factory, met with the SME Foundation, attended a networking event, and showcased their products at a mini-marketplace.

REGIONAL COOPERATION

Th rough a SAWES small grants competition, the Bangladesh Women Chamber of

From September 2012 through October 2015, The Asia Foundation implemented an innovative South Asia regional program to advance women’s entrepreneurship. This program, supported by the U.S. Department of State, advanced the U.S. Government’s “New Silk Road” goals of enhanced regional economic integra-tion and increased trade across South and Central Asia. The program built directly on the DOS 2012 South Asia Women’s Entrepreneurship Symposium (SAWES), and was implemented in Bangladesh, India, Nepal, and Sri Lanka, with engagement from the Maldives, Bhutan, Pakistan, Afghanistan and Myanmar.

Accelerating Women’s Entrepreneurship in Bangladesh

The SAWES

program was

implemented in

Bangladesh, India,

Nepal, and

Sri Lanka.

BANGLADESH

The Asia Foundation

conducted a country-

level assessment

and mapping of six

business associa-

tions and chambers

of commerce in

Bangladesh.

Page 2: South Asia Women’s Entrepreneurship Symposium · South Asia Women’s Entrepreneurship Symposium OVERVIEW In Bangladesh, women continue to face a range of cultural, fi nancial,

Commerce & Industry received a grant to facilitate cross-border trade, and increase the role of customs and border officials and other relevant stakeholders in promoting women’s entrepreneurship.

PUBLIC-PRIVATE DIALOGUE

In September 2015, a public-private dialogue brought together representatives from four ma-jor Banks, women’s associations, and women entrepreneurs and business owners to identify policy recommendations in key areas includ-ing how to achieve women-friendly banking environments nationwide.

ONLINE CONNECTIVITY

SAWES established a Facebook page with more than 32,000 members that connects aspiring en-trepreneurs; developed a business-to-business web portal which will provide regional market access for women entrepreneurs, facilitate cross-border net-working, and be an information hub on trade and business regulations; and conducted five webinars about women’s entrepreneurship to connect and build the capacity of more than 700 participants.

NEXT STEPS

The Asia Foundation is currently exploring funding opportunities to build upon the suc-cess of the SAWES work and respond to input from program participants. Proposed activities will utilize specific strategies such as mentor-ship and exposure visits that have proven successful in supporting women entrepreneurs. The proposed objectives will continue to sup-port women entrepreneurs across South Asia:

• To expand the reach of the SAWES net-work by connecting it to other relevant networks in Asia, including SAARC, to facilitate cross-border sharing of infor-mation and access to markets and trade.

• To advance women entrepreneurs’ use of ICT to improve their businesses.

The Asia Foundation

is a nonprofit international

development organization

committed to improving

lives across a dynamic

and developing Asia.

Headquartered in San

Francisco, The Asia

Foundation works through

a network of offices in 18

Asian countries and in

Washington, DC. Working

with public and private

partners, the Foundation

receives funding from a

diverse group of

bilateral and multilateral

development agencies,

foundations, corporations,

and individuals.

H E A D Q U A R T E R S465 California Street, 9th FloorSan Francisco, CA 94104 USATel: (415) 982-4640Fax: (415) [email protected]

W A S H I N G T O N , D C1779 Massachusetts Ave., NWSuite 815Washington, D.C. 20036 USATel: (202) 588-9420Fax: (202) [email protected]

B A N G L A D E S HHouse #5, Road #8Baridhara, Dhaka-1212BangladeshTel: 880 (2) 9846941 to 43Fax: 880 (2) [email protected]

www.asiafoundation.org

10/15

CONNECTING WOMEN IN INFORMATION TECHNOLOGY IN BANGLADESH

Although IT is a booming business in South Asia, there is a dearth of women working in this field. Those who aspire to start or grow IT businesses have difficulty navigating a range of legal, regulatory, and cultural barriers. The SAWES exposure visits have had important results in catalyzing new ventures to support women in IT across the region. One example is a new partnership formed to generate and share innovative ideas across borders and collaborate in business development between Luna Shamsuddoha, chairwoman of Dohatec New Media and founder of Bangladesh Women in Technology (BWIT), and Vijayalakshmi Rao, president of Empowering Women in IT (eWIT), both participants of the India exposure tour.

Contact: Shaheen Parveen, Director, [email protected]