Strategic planning, business management, HR
Strategic planning, business management, HR
Title
New Funding opportunities for women entrepreneurship in Cyprus
Country
Cyprus
Description
Women have the organisational skills, instincts, social responsibility, and flexibility essential in business. They are involved in risk perception and preventing the negative consequences of bad business practices in an active, innovative, and proactive manner. Women's economic participation is increasing in the majority of countries around the world. Indeed, in many countries, fostering women entrepreneurs is an essential component of programs aimed at eliminating unemployment, promoting gender equality, and boosting their entrepreneurial potential. This article seeks to provide an overview of women's entrepreneurship in Europe, with a focus on the funding programs available in Cyprus. A broader picture is given of the representation of women in business, the obstacles encountered in women's entrepreneurship and women’s reasons for choosing to become entrepreneurs. Finally, the article presents and explains in depth the financial support programs that are offered for the promotion and development of women's entrepreneurship in Cyprus.