Women Entrepreneurship

Facts and figures

The proportion of self-employed women in Germany has risen significantly over the last 15 years. Thanks to the positive labor market development, the number of women in employment has also risen considerably. This trend is reflected in entrepreneurial activities. The “KfW-Gründungsmonitor” registered 607,000 persons who took up full- or part-time self-employment in 2021, of whom 257,000 were women. This means women account for 42 percent of new businesses. This includes starting out as either with a business or a liberal profession.

Many female entrepreneurs are interested in being self-employed in the “Freie Berufe” (liberal professions). The proportion of self-employed women in these professions has increased at different rates over the past ten years. The Institut für Mittelstandsforschung (IfM) Bonn, which does research focused on SMEs, reported that the highest proportion of women at the start of 2021 was to be found among psychotherapists, publicists, vets, and performing artists.

However, female entrepreneurs are significantly under-represented in the start-up ecosystem. According to figures from the “Deutscher Startup Monitor” for 2021, women make up 17.7 percent. The Female Founders Monitor (FFM) 2020 investigated the most important obstacles facing, as well as the potential of, female entrepreneurs. These include challenges combining a new business with family commitments, disadvantages relating to financing, and a lack of networks relevant to their business. On the other hand, female entrepreneurs often enrich the start-up ecosystem with diversity and fresh perspectives. They are frequently motivated by social issues and their innovative business ideas often encompass both business and societal aspects.

Mehr Informationen

KfW–Gründungsmonitor

www.kfw.de

Institut für Mittelstandsforschung Bonn

www.ifm-bonn.org

Deutscher Startup Monitor

deutscherstartupmonitor.de

Female Founders Monitor

startupverband.de

Advice and coaching for Munich’s female entrepreneurs

The Servicestelle guide (Service Agency “guide”) has been offering actual and potential female entrepreneurs various forms of support at all stages of their business development since 2005, including:

  •    Introductory “guide start” event
  •     Group coaching
  •     Workshops
  •     Seminars
  •     Networking events
  •     Individual consultations

“guide” is committed to authentic and individual advice on starting a business, tailored to the wishes and needs of its female clients. The advisor and entrepreneur work together on a concept for the new business, and analyse its market potential, customer focus, economic viability, and long-term prospects.

The Department of Labor and Economic Development supports “guide” as part of the Munich Employment and Qualification Programme (MBQ). “guide” is also supported by the Bavarian State Ministry for Family, Labour, and Social Affairs, and the European Social Fund (ESF). In 2016 “guide” won the City of Munich’s Anita Augspurg Award for promoting equality for girls and women.

Women looking to go into business can already get subsidised coaching before they become fully self-employed or before taking over or getting involved with an existing company. The “Bayerisches Vorgründungs– und Nachfolgecoaching” programme, which offers coaching both before and after starting a business, facilitates subsidised, one-to-one advice. You benefit from the experience and expertise of a professional coach and optimise your own business knowledge. Core topics include business plans, marketing, sales, organisation, staff, and company succession.  Are you planning to start a business ? Then contact your local IHK (Chamber of Commerce and Industry) for the application forms. Are you planning to work in the liberal professions? Then you should contact the Institut für Freie Berufe (Institute for Liberal Professions, IFB). Are you already self-employed as your main source of income and would like subsidised coaching or mentoring? Find out more about the available services.

Former entrepeneurs and managers offer voluntary services as part of the “Aktivsenioren Bayern e.V.” association and can provide assistance to today’s female entrepreneurs regarding, for example, business plans and business-model analysis.

Mehr Informationen

Servicestelle guide

www.guide-muenchen.de

Vorgründungs– und Nachfolgecoaching: business

www.ihk-muenchen.de

Vorgründungs– und Nachfolgecoaching: liberal profession

ifb.uni-erlangen.de

Aktivsenioren Bayern

www.aktivsenioren.de

Financing and support

Entrepreneurs have different ways of getting the start-up capital they need for their business. Subsidies, loans, guarantees, shares, venture capital, crowdfunding – you can find an overview here. 

A particular hit with female founders in Munich is the “Förderprogramm Crowdfunding–Kampagne” (“Funding program Crowdfunding Campaign”).

With this programme the City of Munich offers people launching a campaign in Munich financial support for all creative services relating to their crowdfunding campaign.  Further information on the “Förderprogramm Crowdfunding–Kampagne” can be found on the City’s website.

Micro-mezzanine fund Germany

Designed for, among others, entrepreneurs whose need for capital is small or relatively modest, “mezzanine capital” improves credit rating and creates further scope for credit. The funding takes the form of a silent partnership via investment companies for SMEs. Founders in Munich should contact the Bavarian organisation BayBG Bayerische Beteiligungsgesellschaft for more information on the micro-mezzanine fund.

Investor networks for female entrepreneurs

Raising awareness, networking, providing knowledge and capital – these networks bring investors, business angels, female entrepreneurs and potential investors together.

Below is a selection:

Portraits of female angel investors:

Award-winning investors:

Successful female-led exits

Female led fonds

Networks and female empowerment for Munich’s female entrepreneurs

Networks have many functions. Female founders and young female entrepreneurs can use networks to talk to and learn from one another and offer mutual encouragement. Networks can open doors by recommending and putting people in contact with service providers and potential clients. There are networks and initiatives for female empowerment on both a regional and national level in Germany. Below is a selection of services in and around Munich.

Werk1 – One Mission
LinkedIn

www.werk1.com

Women Start-up – UnternehmerTUM

www.unternehmertum.de

Meetups, such as Female Founders

www.meetup.com

Female network FOODSERVICE e.V.
LinkedIn

www.frauennetzwerk-foodservice.de

Business and Professional Women Germany Club München
LinkedIn

www.bpw-muenchen.de

Business Women’s Society
LinkedIn

bws-app.com

Verband deutscher Unternehmerinnen e.V. (Association of German Women Entrepreneurs)
LinkedIn

www.vdu.de

IHK-Group “Unternehmerinnen digital”
LinkedIn

www.ihk-muenchen.de

Female Founders Bootcamp

www.businettes.com

Frauen verbinden – Messe München (Munich Trade Fair)
LinkedIn

messe-muenchen.de

Digital Media Women e.V.
LinkedIn

digitalmediawomen.de

Belladonna Club & Network

www.belladonna-muenchen.de

münchner frauenforum (Munich Women’s Forum)

muenchner-frauenforum.de

Verein für Fraueninteressen e.V. (Association for Women’s Interests)
LinkedIn

www.fraueninteressen.de

Frauenakademie München e.V. (Women’s Academy Munich)

www.frauenakademie.de

Connecta – das Frauennetzwerk e.V. (Connecta Women Network)

www.frauennetzwerk-connecta.de

W.I.N Women in Network

win-women-in-network.com

European Women’s Management Development

germany.ewmd.org/bayern.php

Coworking-space and creative lab for mothers

www.ohtinyville.com

Frauen in München. Handbuch für den Alltag. (PDF – 5MB)
(Women in Munich, a guide for everyday life)

stadt.muenchen.de

Networks for female entrepreneurs in Bavaria

www.she-works.de

Women networks nationwide

www.teamnushu.de

FEMboss (business network für women entrepreneurs)

femboss.org

National Agency for Women Start-ups Activities and Services (bga)

www.existenzgruenderinnen.de

New Roots – a support program for mothers considering self-employment

www.munich.impacthub.net

National professional associations

BücherFrauen e.V. (Women in publishing)

www.buecherfrauen.de

Bundesverband unabhängiger Finanzdienstleisterinnen e.V. (Women financial service providers)

www.finanzfachfrauen.de

Deutscher Ärztinnenbund e.V. (German Medical Women’s Association)

www.aerztinnenbund.de

Deutscher Juristinnenbund e.V. (German Women Lawyers Association)

www.djb.de

efas Ökonominnen-Netzwerk  (economy, feminism and science)

efas.htw-berlin.de

Lachesis – Berufsverband für Heilpraktikerinnen e.V. (women alternative health practitioner association)

www.lachesis.de

NUT – Frauen in Naturwissenschaft und Technik e.V. (women in science and technology)

www.nut.de

Frauen in der Immobilienwirtschaft e.V. (women in real estate)

www.immofrauen.de

webgrrls.de e.V.  (women in digital media)

www.webgrrls.de

Women’s Networking Lounge e.V. (women in healthcare industries)

www.womensnetworkinglounge.de

Munich’s female entrepreneurs as authentic role models

These female entrepreneurs offer inspiration and encouragement – you can find interviews and podcasts here.

Munich Startup series “Female Founders”

www.munich-startup.de/tag/female-founders

Munich Startup series “Women in Tech”

www.munich-startup.de/tag/women-in-tech/

Munich Startup: 5 women-led networks and incubators

fIVE The Podcast on Female Entrepreneurship

www.sce.de

FE.MALE FOUNDERS – Podcast

www.de.digital

Initiative „FRAUEN unternehmen“

www.existenzgruenderinnen.de

Fempreneur: 10 inspiring podcasts

www.fempreneur.de

Supporting and raising awareness of female entrepreneurial activity – these competitions send a signal and embolden women to take the path of self-employment.