Dell to host women's entrepreneur network event

NEW DELHI, INDIA: Dell, along with the Ernst & Young Entrepreneurial Winning Women and Endeavor, has announced that it will host the third annual Dell Women's Entrepreneur Network (DWEN) from June 17 to 19, 2012, in the state capital.

The three-day event will be emceed by Forbes Woman President and Editor Moira Forbes and hosted by Karen Quintos, Dell chief marketing officer, and Steve Felice, president of Dell Consumer, Small and Medium Business, said a press release.

The event will connect female founders, CEOs and leaders of high-growth businesses in the world's top markets to share best practices and challenges, and to celebrate the impact women-owned businesses have on the global economy.

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“For these entrepreneurs to compete in today's global landscape, they need to expand their networks, access new sources of capital and explore how technology can help them innovate,” said Quintos. “This is exactly the goal of The DWEN, and we're absolutely committed to empowering these women and their businesses to succeed and grow.”

India is shifting from a developing nation into a robust economic powerhouse, making it an ideal location to foster global entrepreneurship. According to a report by PricewaterhouseCoopers, India is poised to overtake the USA and emerge as the world's second largest economy on purchasing power parity basis by 2050.

However, while the number of female entrepreneurs worldwide is growing at a rapid pace, research from Endeavor indicates that women entrepreneurs in emerging markets have weaker traditional business skills and less access than men do to established business networks.

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“Female entrepreneurs in developing countries face significant obstacles to growth. They have a tendency to be self-funded, and are much less likely to be in business with a partner or co-founder,” said Linda Rottenberg, co-founder and CEO of Endeavor Global.

The DWEN is building a valuable network by bringing together a community of like-minded businesswomen worldwide and connecting them with right resources to propel growth, added Rottenberg.