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How black female entrepreneurs achieve high growth potential by leveraging entrepreneurial ecosystems for early-stage capital

Mini Dissertation (MPhil)--University of Pretoria, 2020.

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Other Authors: Smith, Sean
Format: Thesis
Language:English
Published: University of Pretoria 2021
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access_status_str Open Access
author2 Smith, Sean
author_browse Smith, Sean
author_facet Smith, Sean
collection Thesis
dc_rights_str_mv © 2021 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria.
description Mini Dissertation (MPhil)--University of Pretoria, 2020.
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institution University of Pretoria (South Africa)
language English
last_indexed 2026-06-10T12:37:44.183Z
license_str Other — see source repository
provenance_str_mv Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository
publishDate 2021
publishDateRange 2021
publishDateSort 2021
publisher University of Pretoria
publisherStr University of Pretoria
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source_str UPSpace — University of Pretoria Institutional Repository
spelling oai:repository.up.ac.za:2263/80449 How black female entrepreneurs achieve high growth potential by leveraging entrepreneurial ecosystems for early-stage capital Smith, Sean ichelp@gibs.co.za Jury, Brett Frances UCTD Mini Dissertation (MPhil)--University of Pretoria, 2020. This research set out to understand the challenges facing black female entrepreneurs in South Africa in accessing early-stage capital for high growth ventures This research further sought to examine how these entrepreneurs used entrepreneurial ecosystems (EEs) to access capital against the theory of social capital as an entrepreneurial resource. The report outlined the experiences of fourteen South African black female entrepreneurs and insights of four South African fund managers into the challenges faced by these entrepreneurs. Qualitative techniques were used to reveal the entrepreneurial journey of female entrepreneurs to access early-stage capital. The study underscored the rigorous requirements of funders. Findings indicated the importance of angel investment or seed capital as a necessary pre-cursor to venture capital. The study also showed that non-financial support played an essential role in early-stage entrepreneurship. The research found that women entrepreneurs experienced gender bias because of gender stereotypes. The study did indicate however, that cultural expectations and the traditional role of women, were inhibiting factors. Results showed that entrepreneurs relied extensively on social networks to access resources. Results further demonstrated that black women face challenges in accessing certain networks which prejudices their ability to raise capital. The study showed that background, education, and work experience were significant contributing factors to entrepreneurial success. Finally, research indicated mixed views on the effectiveness of South African government support. The research contributes to the theory of entrepreneurial ecosystems by enriching the understanding of the interactions between different components of the EE and demonstrating the impact of social capital on black female entrepreneurs in an emerging market/developing country context. This report contains recommendations for policy makers and the designers of SME development programmes. pt2021 Gordon Institute of Business Science (GIBS) MPhil Unrestricted 2021-06-22T12:29:08Z 2021-06-22T12:29:08Z 2021/04/14 2020 Mini Dissertation Jury, BF 2020, How black female entrepreneurs achieve high growth potential by leveraging entrepreneurial ecosystems for early-stage capital, MPhil Mini Dissertation, University of Pretoria, Pretoria, viewed yymmdd <http://hdl.handle.net/2263/80449> http://hdl.handle.net/2263/80449 en © 2021 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. application/pdf University of Pretoria
spellingShingle UCTD
How black female entrepreneurs achieve high growth potential by leveraging entrepreneurial ecosystems for early-stage capital
title How black female entrepreneurs achieve high growth potential by leveraging entrepreneurial ecosystems for early-stage capital
title_full How black female entrepreneurs achieve high growth potential by leveraging entrepreneurial ecosystems for early-stage capital
title_fullStr How black female entrepreneurs achieve high growth potential by leveraging entrepreneurial ecosystems for early-stage capital
title_full_unstemmed How black female entrepreneurs achieve high growth potential by leveraging entrepreneurial ecosystems for early-stage capital
title_short How black female entrepreneurs achieve high growth potential by leveraging entrepreneurial ecosystems for early-stage capital
title_sort how black female entrepreneurs achieve high growth potential by leveraging entrepreneurial ecosystems for early stage capital
topic UCTD
url http://hdl.handle.net/2263/80449