Championing Amsterdam’s women entrepreneurs and tech professionals
The City of Amsterdam has invested €750,000 in RISE – Female Hub Amsterdam to empower women entrepreneurs and tech professionals. Over a dozen partner organisations – including StartupAmsterdam, TheNextWomen, Startupbootcamp and The Code to Change – are backing the hub, which will receive financial assistance from the city for the next three years.
Currently, only 11.6% of all startups in the Netherlands have a female founder and a Techleap.nl study showed that in 2019, only 5.3% of investments went to women-led startups. By funding the hub, which is part of a broader economic recovery and investment plan, the City of Amsterdam hopes to improve access to the networks and expertise women need to succeed.
Helping women follow their dreams
RISE – Female Hub will have four main areas of focus: collecting ecosystem data, strengthening knowledge-sharing and networking opportunities, increasing visibility and representation and creating funding opportunities. The hub will also provide training courses, mentoring sessions, workshops and personalised assistance with financing issues.
In a statement to the press, Iffat Gill, the founder and CEO of The Code to Change, said: “This is a welcome step and a timely investment from the city of Amsterdam to contribute to diversity and inclusion, especially in times of the pandemic…We hope this collaboration will open many doors for ambitious women and organisations in Amsterdam, and inspire others to follow their dreams.”
Encouraging diversity in Amsterdam’s startup ecosystem
StartupAmsterdam sees the new hub as an important step in moving towards greater gender equality. Explaining that the city has struggled with a “poor record” in this area, Semra Celebi, the organisation’s female entrepreneurship lead, believes that the hub can make a difference.
“The goal of RISE is accelerating the birth of an inclusive gender balance at the workplace by bringing together 20 initiatives focused on female entrepreneurship and the tech sector,” she said. Continuing, she explained that the “three-year strategy and action plan provides access to knowledge, expertise and content” which have the power to give women in the tech ecosystem a much-needed boost.
By supporting the new hub, StartupAmsterdam is also furthering the goals laid out in its Talent and Diversity pillar, which centres on motivating women to pursue tech careers and launch businesses. Additionally, the hub also aligns with the Stimulate Network Connections pillar by encouraging different parties to form the relationships needed to thrive. Together, these pillars can affirm Amsterdam’s status as a magnet for businesses and entrepreneurs.
Read more startup news from around the city region.