Why Women Entrepreneurs in Emerging Markets Need to Know BiD Network
This year, a record number of 752 applications from 115 countries poured into BiD Network’s Women in Business Challenge.
BiD Network is one of the largest online and offline community of women and men entrepreneurs in emerging economies. The organization has 1,500 coaches, 2,000 investors and 16 global partners that they actively work with to train, coach, advise and invest in businesses. BiD Network’s professional services focus on equipping high-growth entrepreneurs, especially those with financing needs of US$10,000 to US$5,000,000 over the next five years, with the know-how and capital.
While many talk about gender equality and the importance of advancing the role of women in emerging markets, as part of BiD Network’s women’s business plan competition they showcase women entrepreneurs having real success in business, and those with the potential to further fuel their economies.
In it’s fourth year, the Women in Business Challenge continues to grow. BiD Network recently announced its five finalists for 2013, chosen from 16 semi-finalists. The final even will be held Amsterdam, Netherlands, on September 12.
Founded in 2005, BiD Network is headquartered in Amsterdam. The organization recently launched bidX, an online platform for all types of investors – ranging from incubators, business schools, chambers of commerce, governments, banks and investment funds – and for entrepreneurs. Investors can find tools for engaging promising entrepreneurs, fielding business plans, creating a business plan competition and on community management. Entrepreneurs can find business plan or proposal templates, connect with mentors and investors, and join groups to secure business leads. Hand-in-hand with BiD Network, bixX currently helps two business grow a week. Their goal by 2020, is to help five business a day and generate 10,000 new jobs a year.
For not only women in emerging economies, but anyone passionate about cultivating sustainable, global economic growth, this is a group to watch and engage with.