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  "documentTitle": "Women-led startups losing across the board: from creation to funding, in all key European markets",
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  "authorName": "BCG",
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  "notes": "This appears to be a page from a BCG report on female entrepreneurship networks.",
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      "text": "It is vital for the design of a network to account for and adapt to the local culture, norms, needs, and infrastructure of a given environment.",
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      "text": "Prospective members might include a mix of new entrepreneurs and more established business owners, successful role models, and subject matter experts—ideally from a variety of cultures. This diversity will likely enhance the meeting discussions and increase the variety and depth of available business skills and feedback that members receive. Our interviews suggest that when networks are too narrow in their membership, their utility for members decreases over time.",
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      "kind": "paragraph",
      "text": "Interaction: How will members communicate? Networks must decide how interactions will be managed and how members will request assistance, exchange ideas, and support each other.",
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      "kind": "paragraph",
      "text": "Easy and efficient interaction is a prerequisite for member participation and commitment. Successful programs do their best to adapt to member needs in terms of the exchange platforms used and the cadence of meetings. For instance, the Cherie Blair Foundation for Women’s online forum allows members to access advice on demand, whenever they have an Internet connection, making participation easy.",
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      "kind": "paragraph",
      "text": "Despite the progress to date, continued efforts must be made to empower female entrepreneurs and close the gender gap in economic opportunity. Although women today have greater access to human and financial capital, the gender gap in starting and sustaining a business remains wide.",
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      "text": "The structure of networks should allow for both formal and informal interactions. Formal interactions build a self-sustaining network, but members must also be able to use the network informally as needed. For instance, the Cherie Blair Foundation for Women has formal mentor programs, but it also encourages informal relationships, idea exchanges, and collaboration through its online forum for members and alumni. Participants appreciate the flexibility of the more informal option, but they regard both parts of the program as critical for success—each enhancing the impact of the other.",
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      "text": "Across all of these dimensions, it is vital for the design of a network to account for and adapt to the local culture, norms, needs, and infrastructure of a given environment. A female entrepreneur in Africa may need access to a savings account, whereas one in the U.S. may need training in how to evaluate a potential investment. There is no easy, one-size-fits-all solution for all circumstances.",
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      "text": "Finally, defining potential layers and subcommunities, their structure, and how they should connect and interact can also be a source of value. Networks aiming for impact on a larger scale may need to link members to resources at the local and regional levels and beyond—especially to create and capitalize on growth opportunities. For instance, female entrepreneurs who win larger supply contracts through WEConnect’s global sourcing program can subcontract parts of their contracts to other female entrepreneurs in the network, thus growing their businesses by fulfilling larger contracts that they could not take on individually. Networks that operate in this fashion have the potential to significantly increase the size and scope of their impact.",
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      "text": "Looking Forward",
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