Women mean Business: Going For Growth call 2016 | 04 November 2015
Dear Female TRADEIT Members.
There is an excellent opportunity to participate in the Going for Growth program which has been proven to increase turnover, exports and job creation within participating enterprises.
Going for Growth is the brain child of Paula Fitzsimons who put it forward in response to an initiative on women and entrepreneurship proposed by the NDP Gender Equality Unit in the then Department of Justice, Equality and Law Reform.
“The idea came from recognition that while more women are being encouraged to start new businesses, there is a need to move beyond just starting into growing. My mission in Going for Growth is to support women entrepreneurs to achieve their growth ambitions and to get more women entrepreneurs into a growth frame of mind.”
Going for Growth is open to women entrepreneurs, across all sectors, whose main business is located in the Republic of Ireland. Whatever the size of the business at present, the application will be considered if a strong growth ambition can be demonstrated.
To be considered suitable for participation, entrepreneurs should already be the owner manager of a business of which she is a major shareholder and key influencer. Suitable applicants need to demonstrate significant aspiration for growth and should be working full time on the business. It is expected that the business will have been trading for at least two years. Only in exceptional cases will a business at an earlier stage be considered. Applications from those who have been trading for a shorter period must demonstrate that the product/service is highly innovative in nature, has a longer development cycle than the norm and has exceptional growth potential.
If this description fits someone you or someone you know, to be considered for inclusion in the forthcoming cycle register their interest on the website www.goingforgrowth.com to recieve an application form.
Please note that the final date for receipt of completed application forms is 25th November 2015. If you are encouraging people to register and apply, please do so immediately so that they don’t miss the deadline.
SUPPORTING GROWTH IN A UNIQUE MANNER
Participants are offered a unique learning environment with a peer led approach based on the shared experiences of both a Lead Entrepreneur and other participants facing common challenges.
The Going for Growth round tables are centred on experienced or Lead Entrepreneurs, who each give about three hours of their time on a voluntary basis once a month to meet with a small group of women owner managers to support their development. The round table sessions explore a series of relevant questions related to growth and work through a series of agendas which explore relevant questions with a focus on achieving growth.
GOING FOR GROWTH COMES HIGHLY RECOMMENDED
Over 400 women entrepreneurs have already participated in a cycle of Going for Growth. In almost every case the round table sessions translated into practical changes within their businesses; they got great benefit from the National Forum and they felt nearer to achieving their growth goals as a result of their participation in Going for Growth. Besides an increase in their confidence, ambition and motivation, most of the participants (82%) in the 7th cycle of Going for Growth (2015) increased their turnover over the six months of the cycle by an average of 30%, bringing the turnover of the group to over €51.5 million. There was a 25% increase in the number of exporters among the group. An additional 94 jobs were created by participants (+13%), while 734 existing jobs were strengthened.