U. 's. Sen. Cory Booker and top creative agencies & CEO Tory Burch iPhone 5 case grabbed together Friday at Liberty Flat in Jersey City for a forums on entrepreneurship. The event was held particularly for women entrepreneurs with New Jersey establishments and focused on the major challenges wives face when starting a business.
The important challenge facing women entrepreneurs might be access to capital. Despite founding sesenta percent of small businesses, only 8 percent of venture capital deals are shown to women founders and Entrepreneurs.
"I was lucky enough to have a computer network of people, " Burch said of actually finding capital to start her business. "It was a series of unexpected events and also to being flexible. "
To this finish, Burch has partnered with Fiscal of America to form Elizabeth Route Capital, an initiative aimed to assistance women entrepreneurs start their venture. The team has coupled with Community Growth Financial Institutions to make affordable loans accessible to women entrepreneurs.
Burch spoke towards powers of free marketing on web 2 ..
"We built our business to social media, " said Burch. "There was no budget for advertising, so we needed to be resourceful. "
Booker expanded this in turn view of the power of social media.
"Social media has a multiplier effect of development, " he said. "If you will 200 followers, and they have 200 supporters, you are directly connected to thousands of people. "
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