Why Are More Women Entrepreneurs Studying Business In Denmark?

ByValerie Winifred

Apr 16, 2022 , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Denmark is ranked sixth in Bloomberg’s Innovation Index and entrepreneurship is booming. 

Client critiques website Trustpilot and program-as-a-company business Zendesk are just two of Denmark’s lots of startup results stories, achieving $1 billion valuations.

To additional strengthen innovation, the Danish Enterprise Authority has determined 14 Clusters of Excellence within Denmark. These are company and technology hubs where new small business is thriving.

Mercedes Delgado, affiliate professor in the Division of Strategy and Innovation at Copenhagen Small business College (CBS), scientific studies these clusters and helps MBA and Government MBA students leverage them as a result of the school’s Entrepreneurship Focus.

Why are extra women business people researching small business in Denmark? Organization schools like CBS, Mercedes claims, are helping women of all ages in individual to survive and prosper in unsure environments, and putting them on the route to entrepreneurial accomplishment.


Supporting women business owners in Denmark

The Entrepreneurship Concentration at CBS involves a module devoted to encouraging MBA and EMBA learners faucet into the Clusters of Excellence, by encouraging them  identify supportive establishments, pay a visit to exemplary corporations, and meet job products in the entrepreneurial room.

Denmark’s Clusters of Excellence are facilities of innovation where firms and researchers are executing globe-class perform, Mercedes describes. Powerful field clusters in Denmark include life sciences, fintech, maritime and logistics, IT, and cleantech.

“The Focus teaches pupils that if you are a startup, you’re like a baby—you have big likely, but you want lots of assets all around you to scale up and have a massive influence,” Mercedes suggests.

Adult men and girls alike advantage from this access to ground breaking companies, but Mercedes notes that when creating the application, CBS college make certain that women of all ages can profit as strongly as their male classmates.

“In the MBA Entrepreneurship Concentration, we work with innovation-pushed startups in the Copenhagen innovation ecosystem as part of the entrepreneurship lab (E-lab).

“The MBAs and EMBAs scope and put into practice a job for our startup cohort. A full of 50% of these startups in E-lab are led by females founders.”

These founders consist of Lise Pape, founder and running director of MedTech enterprise Walk with Route Katja Gry Carlsen, co-founder of collaboration platform ThirdRoom, and Andreea Spaima, co-founder of eco-friendly logistics company EvolvT.

By providing students with a gender-balanced set of part models, Mercedes hopes to handle gender imbalances in top managerial roles as new businesses mature, specially in regions ripe for innovation, like green and electronic transformation.

Gals business people and flexible MBA formats

The critical detail that Mercedes desires college students to choose away from the Entrepreneurship Concentration at CBS, especially in the context of pandemics and geopolitical upheaval, is the capability to prosper in a changing small business landscape.

“CBS’s applications foster the ability to accelerate innovation in a setting of uncertainty, and make choices with limited information,” she states.

One CBS Government MBA student who has managed to do this is Libby Barhoumeh (pictured beneath).

Libby experienced normally desired to do an MBA, but did not have time alongside her occupied role in global gross sales at an electronics manufacturer. Just as her purpose introduced her in excess of from Australia to Denmark, the pandemic strike, and she decided to use the added time in lockdown to pursue her diploma. 

This was created much easier by the CBS EMBA program’s Certification Route. Libby did not have to commit to a multi-12 months diploma upfront, but instead was ready to acquire a couple modules at a time.

“One of my favored subjects was the Entrepreneurship Concentration. I have generally preferred to be an entrepreneur myself, but I’ve been trapped in phrases of not having an thought, while I do have a whole lot of company and professional working experience,” she claims.


Developing entrepreneurial alternatives for females in Denmark

By conference so lots of business owners by the Entrepreneurship Focus, Libby discovered that it was probable to merge her company practical experience with an individual else’s good plan and assist them speed up their startup.

She’s now an entrepreneur in residence at her company. Applying lean startup methodologies, Libby develops projects to improve conclusion user knowledge, and is now doing work on a health and fitness app and an AI product diagnostics tool.

In the potential, she hopes to develop her entrepreneurial ventures even additional, functioning with startups outdoors of her possess institution and even building her individual.

“My suitable scenario is to have a foot in the two camps: performing a number of times a 7 days in a massive corporation, then working with startups till I begin my individual undertaking,” she claims.

As for Mercedes, she feels constructive that extra women of all ages in business accomplishment tales like Libby’s are on the horizon in Denmark.

“Here in the Nordics, but also in any country there are pushes in direction of green and digital transformation,” she claims. “[Denmark] is a wonderful ecosystem for that and so quite a few corporations going by way of transformation signifies additional possibilities for business leaders.

“What we’re doing in the MBA and EMBA courses is supplying students the competencies to lead this transform.”