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October 31, 2020
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After six years of supporting SMEs and women in the global business environment, Elite Business Women launches a Women in STEM mentoring programme

Elite Business Women, one of the most prominent networks for women in business in Europe, is launching a mentoring programme to be followed by a incubator for training, mentoring, and supporting the path towards leadership for women of all backgrounds in science, technology, engineering, and mathematics (STEM). This initiative will unite women and organisations from countries in Europe and the Gulf Cooperation Council.

“Girls and women are systematically turned away from science and math throughout their educations, limiting their training and options to go into these fields as adults. Women make up only 28% of the workforce in science, technology, engineering and math (STEM), and men vastly outnumber women majoring in most STEM fields in college. The gender gap is particularly high in some of the fastest-growing and highest-paid jobs of the future, like computer science and engineering,” Bianca Tudor, Founder and CEO of Elite Business Women, said.

“Over the last six months, we have organised a number of online networking events, which allowed us to connect with women leaders around the world and build the basis of the Women in STEM mentoring program to be followed by an incubator. We are honoured to be joined by prominent entrepreneurs and professionals, real trailblazers in their fields, to not only continue to shine a light on this very important topic, but also to work towards making a difference in the lives of girls and women everywhere,” Bianca Tudor added.

The project will kick off with an online mentoring programme, followed by a fundraising campaign to build the incubator.

Elite Business Women organised a series of 10 international online business events bringing together more than 600 companies over the period between March and October 2020, to connect and help SMEs survive the crisis and support collaboration and internationalisation of activities, with the general aim of growing the women entrepreneurship sector. SMEs are particularly at risk of failure from prolonged coronavirus lockdown measures and account for 75% of all jobs in sectors affected directly. This initiative drew the participation and interest of companies from Bahrain, Saudi Arabia, Lebanon, Dubai, UK, Romania, Poland, Italy, Hungary.

“A study conducted by the Small and Medium Enterprises Development Authority in April 2020 stated that 95% enterprises have experienced a reduction in operations, 23% report up to 100% loss in export orders, 92% have seen a disruption in their supply chain, 48% have laid off employees, and 89% are facing financial issues,” further said Bianca Tudor.

Elite Business Women has helped SMEs to:

●             Create & strenghten business connections

●             Learn from other ELITE entrepreneurs

●             Acquire cccess to business opportunities

●             Generate referalls, increase business partnerships & deals

●             Share business experiences & expand their knowhow

●             Raise their business profile

●             Increase brand visibility

●             Stay informed about business trends

In May, Elite Business Women also launched the EU-GCC-Levant Women’s Cooperation Group and started creating partnerships with women’s organisation from the Middle East. The Group is not limited to women’s organisations and is open to cooperation with various governmental and non-governmental entities. The aim is to bring together organisations to create thematic sections focused on specific problems and cooperation and to jointly create long-term projects.

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