Femtech offers economic opportunity
- Thursday, June 22, 2023
- Posted By Pamela Reid
ekosgen recently completed a study examining the economic opportunities presented by Femtech in Scotland. We found that the terminology can be a barrier, and the perception of women’s health as a difficult or taboo subject can seriously impact on enterprise. However, we also found that many businesses are operating in the field, producing exciting innovations, and generating income.
They often do not show up in official figures or even consider themselves as being involved in ‘Femtech’. There are also businesses that are ideally positioned to pivot in to Femtech and diversify their products, services and markets.
This article picks up on these points, and examines why there is a persistent tendency for investors to ignore this potentially lucrative opportunity to create value as well as deliver benefits to women across the globe. Potential solutions are varied, starting with more female investors and more male investors who do not shy away from words like menstruation and menopause.
A more diverse investor profile overall has the potential to create more opportunities for more entrepreneurs. Or, is this a sector that women will want to keep to themselves, as innovators and business leaders, to grow the female investment community and turn a tidy profit in the process? The solution is likely to be a combination, and of course we should be looking to support a much more diverse investor profile overall.
Or maybe it’s something that women should keep to themselves – as innovators, as entrepreneurs and to grow the female investment community.