Business

  • Written by Scott Middleton
For the first time, a study has asked Australian female tech entrepreneurs about what they believe are the greatest factors holding them back. The study, conducted by Terem Technologies busts some of the myths that have become conventional wisdom in the space.
 
Contrary to conventional wisdom, female tech entrepreneurs are not allowing a lack of STEM training to get in their way:
  • Only 19% of female entrepreneurs have a STEM background and of these only 4% had a computer science background
  • 41% had a degree in Business, Commerce or Economics
  • 64% were managing teams to deliver on the technical execution of their startup, with 50% outsourcing to developers and 14% employing tech talent.
 
However Australian female tech entrepreneurs feel that there are still many hurdles to overcome:
  • 34% named a perceived lack of expertise and 30% a lack of confidence as factors preventing women from embarking on a tech startup 
  • 27% pointed to a lack of supportive networks
  • 27% also believe attitudes to risk play a large role
  • 25% highlighted life choices and 14% pointed to family responsibility as factors holding women back. 
 
“The results paint a very mixed picture for women entering the tech startup space,” says Scott Middleton, CEO of Terem Technologies, “It is encouraging to see that you don't need STEM to lead and create businesses in the technology sector. It’s also exciting to think that we don’t need to wait for education policy to increase the number of women studying maths and science to see a significant boost in the number of female tech entrepreneurs.”
 
The report Against All Odds: The Unexpected Paths of Female Tech Entrepreneurs is available for download here.

The Viw Magazine

How to choose a Weber Q Barbeque

There are several barbeque brands in the Aussie market today, and it can be quite challenging to find the right one for you. Weber Q is a reliable, barbeque brand that comes in a wide variety of pro...

News Company - avatar News Company

LifeStyle

The Gas Fireplace VS the Wood Fireplace

It’s that time of year again when the weather has turned chilly, everybody is putting out their ...

How to Revolutionize Your Beauty Experience

Being concerned with beauty and cosmetics used to mean frequent visits to the salon and sitting in...

8 Cool Yet Romantic Things to do in Australia

Australia is a wonderful place for vacationing this summer and you can beat the heat as they have ...

How to Banish Dark Circles without the Need for Cucumber Slices

Dark circles can be downright annoying, especially when you are getting enough sleep. So, what cau...