Denmark takes one more step in opposition to empowering ladies folk in tech

Denmark takes one more step in opposition to empowering ladies folk in tech

A programme to develop the participation of girls folk in the thriving Danish fintech ecosystem moves to the 2d of three deliberate phases

Matthew Staff

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Published: 14 Oct 2021 15: 00

Copenhagen performed host to a prime match on 22 September, as Denmark’s must entice and sustain extra ladies folk in the skills sector became given a excessive-profile and well-known enhance. 

The match took affirm at Copenhagen Town Mall, and became attended by the mayor of Copenhagen in firm with bigger than 250 female tech founders, investors, world ambassadors and VIPs. They all attended to explore the headline act – the inaugurate of Tech Nordic Advocates’ (TNA) Girls in Tech Programme: Modules 2 and 3, following the inaugurate of Module 1 earlier this year 

The Girls in Tech Programme is a three-pronged strategic programme designed to abet female entrepreneurs inaugurate, develop and scale tech agencies. It became jam up with a high-down diagram, acknowledging the extreme lack of guidance, enhance and investment traditionally provided to female entrepreneurs in the ecosystem, which resulted in a startling statistic – ladies folk accounted for handiest 4.2% of new entrepreneurs in Denmark in 2020.   

In comparison to Denmark’s world, and even regional counterparts, this figure became a nervousness, and indisputably a wake-up name. Despite Denmark’s, and the Nordics’, popularity as being a socially enriching and enabling native climate and house to tech innovation, entrepreneurship among ladies folk is extremely low. 

TNA took inspiration from Canada’s blueprint of guaranteeing that guidance and assistance had been coming from the high, slightly than growing an echo chamber at grassroots stage the effect discussions had been generally sure, however changes had been few and a long way between. And after close collaboration, conversation and planning, Module 1 of the Girls in Tech Programme became launched on 1 February this year. 

“Module 1 became the preliminary, world mentoring programme, which integrated palms-on mentoring, one-to-one sessions with consultants, skills pattern events, an emphasis on networking, and total pattern of the prompt ecosystem,” talked about Jeanette Carlsson, CEO of TNA. 

European firsts 

Module 2 – the Accelerator Programme – has been designed as a pure subsequent stage of evolution from Module 1, despite the fact that it doesn’t necessarily indicate that folk who took section in the first module fabricate the transition. Rather, it’s purposely designed for an stepped forward stage of industry pattern, and whoever that pertains to. 

Applicants encompass female founders and co-founders of excessive-enhance likely tech agencies, who will first be launched to a pre-accelerator “bootcamp”. Three of these two-week bootcamps will happen yearly to test the credentials of every individual’s industry and enhance notion. Of the 20-25 participants on every occasion, 18 are then chosen to total the total six-month International Accelerator. Of us which may per chance perchance be not chosen are given solutions and guidance, as well to an invitation to return and strive again. 

One participant, Thuri Kledal, founding father of VR-Nature, spoke relating to the benefits of the programme, and Module 2 in explicit. “Gender shouldn’t must fabricate a distinction,” she talked about. “The importance is what self-discipline you resolve, and by what manner. I’m factual furious to gain all this industry enhance and to hear to all of the tips and experience that folk are bringing to us entrepreneurs. We’re not basing every little thing on trial and error, however tailored advice.” 

The Accelerator itself is delivered by TNA in tandem with Danish and world entrepreneurs-in-effect, investors and companions. It contains: one-on-one coaching; demo days and pitch events; partnerships with embassies from outdoors the Nordics, alongside with the UK, the US and Canada; and an introduction to key skills alongside with investment trends, the staunch solution to navigate the investor neighborhood, and the foundation of pitch deck production and transport. 

“These closing facets, particularly, blend seamlessly with Module 3,” talked about Carlsson. “Module 3 is additionally a European first, as an world umbrella endeavor fund of world investors dedicated to investing in ladies folk tech founders and excessive-enhance tech corporations which may per chance perchance be led by ladies folk.” 

Expansion of collaboration  

Again, other folks that bask in taken section in Module 1, as well to those at a extra stepped forward or totally different stage of industry pattern, are all welcome to have a examine for Module 3.  

Carlsson persisted: “Practicing is equipped in areas of investment readiness, due diligence, and pitch pattern and transport, while participants additionally play an active role in Module 2. This closing module sees the establishment and operation of an umbrella organisation made up of Danish and world investors which may per chance perchance be dedicated to Denmark’s ladies folk in tech.” 

Final month’s match in Copenhagen emphasised factual how snappily the success of this programme is spreading, and how many folk are rallying to the motive, she talked about. 

Within the neighborhood, the Danish Change Foundation became readily obtainable as a headline sponsor to promote the conception of competitiveness in the field with a conception to gain enhance and jobs. Internationally, the likes of KPMG, Magnusson and NetCompany had been joined by a brand new key companion in the create of the London Inventory Change (LSE). 

Tamara Gehring, Nordic and Western European lead for indispensable and capital markets on the LSE, became first launched to the Girls in Tech programme last year, and became alive to to make contributions to this year’s match through panel involvement and numerous productive discussions at some level of the day. 

“It became a swish match, the effect the expansion of collaboration became clearly on expose,” she talked about. “I trust it’s valuable to economic success to empower extra ladies folk in industry and as entrepreneurs. Half of the planet’s population are ladies folk – a huge source of likely which we desire to recover at tapping into. 

“I would bask in to peep extra tech founders generally in point of fact feel empowered about their monetary alternatives and enable them to gain entry to public capital. We’re specializing in empowering ladies folk entrepreneurs, however additionally on supporting the enhance of the total funding ecosystem in the Nordics, as we’ve already considered in London through corporations bask in Trustpilot, the Danish tech unicorn that we welcomed to the Inventory Change earlier this year.” 

Participant Inga Stein Burgaard, founding father of Gape + Glance, added: “One element that I favored most about this programme is pairing with mentors and assembly totally different formidable female entrepreneurs. I in point of fact bask in now connected with many bask in-minded, formidable entrepreneurs that I will expose to and exercise as sparring companions. The numerous element is being in a effect to bookshop of enterprise hours to chat about issues with consultants bask in KPMG or Magnusson – something that has already equipped extreme advice and saved me numerous money.”  

Tip of the iceberg 

It’s a tragic signal of the events that the form of comprehensive and collaborative framework is needed to promote gender equality in the form of progressive Nordic country. But it’s a self-discipline that’s being met with sure results. 

“It is miles totally skewed that we bask in so few female entrepreneurs in Denmark,” talked about Cecilia Lonning-Skovgaard, mayor of Copenhagen, throughout the match. “Entrepreneurship and skills walk hand in hand in a stylish society, and Copenhagen and the total society will fail to designate alternatives for enhance and jobs if we enact not gain extra proficient ladies folk on board in the tech commerce.”

Carlsson added: “Now we bask in helped stimulate enhance of reward tech agencies led by ladies folk, and enabled gain entry to to world markets and capital to the tune of DKK4m [£5m] in Module 1 by myself. That’s factual the tip of the iceberg, which exhibits what may per chance per chance additionally additionally be carried out with the lovely enhance.  

“Now we bask in huge, unexploited female likely. We need these ladies folk for sustained innovation, competitiveness, enhance, jobs and equality in tech, industry and society as a total.”

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