Mr. Kumpf highlighted important steps for innovators that they can use to stay competitive which included the use of creative enterprises toolkits and the DIY toolkit to starting a business (both resources can be found online). In addition, he spoke about the importance of prototyping your business prior to launching and also not to have a fear of changing the course of the business if you are not seeing positive returns (pivot point).We were delighted to see so many positive and successful women innovators engaged in the discussion with Mr. Kumpf. They were able to have a candid discussion about some of their pain points and alternatives to accessing finance, which includes crowd funding. Mr. Kumpf provided some real life examples from other countries that have successfully launched innovative social enterprises with the use of the IT.
Women innovators have a critical role to play in the society. They are bold and striving for change. It is important the we constantly develop, foster, and celebrate women innovators every day of the year.