{"id":70091,"date":"2021-03-24T15:56:00","date_gmt":"2021-03-24T14:56:00","guid":{"rendered":"https:\/\/cms.munich-startup.net\/?p=70091"},"modified":"2021-03-24T11:46:42","modified_gmt":"2021-03-24T10:46:42","slug":"corona-hits-young-female-founders-particularly-hard","status":"publish","type":"post","link":"https:\/\/cms.munich-startup.net\/en\/70091\/corona-hits-young-female-founders-particularly-hard\/","title":{"rendered":"Corona hits young female founders particularly hard"},"content":{"rendered":"<div class=\"entry-content\">\n<p>Nearly half of respondents stated that the contact restrictions would have particularly serious business consequences for them. For 41 percent, &#039;voluntary&#039; customer restraint, for example due to concerns about infection, is also problematic. One-third of <a href=\"\/en\/63013\/startup-start-up-company\/\">young founders <\/a>are particularly affected by ordered business closures. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Female founders more affected by revenue losses<\/h2>\n\n\n\n<p>In the <a href=\"https:\/\/www.kfw.de\/PDF\/Download-Center\/Konzernthemen\/Research\/PDF-Dokumente-Fokus-Volkswirtschaft\/Fokus-2021\/Fokus-Nr.-324-Maerz-2021-Junge-Selbststaendige.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">study<\/a> A clear difference between men and women emerges: 41 percent of self-employed women considered shutdowns particularly damaging to their business, but only 27 percent of men. This difference can be explained primarily by the industry structure. Responding women are more often active in sectors that are more severely affected by coronavirus-related restrictions, such as the catering industry, healthcare and social services, and the arts, culture, and creative industries. In contrast, containment measures had little impact on the IT sector, for example, with its high proportion of men.<\/p>\n\n\n\n<p>Female founders are more affected by revenue losses (45 percent of women compared to 36 percent of men) and are also more likely to experience severe cuts in their standard of living (32 percent compared to 26 percent). One in three young female founders considers it at least likely that they will have to give up because of the coronavirus crisis. Among the men who responded, the figure is just over one in four.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>&quot;The unstable course of the pandemic requires flexibility in combating the pandemic. However, this greatly increases uncertainty for the self-employed and those interested in starting a business, which in turn has a negative impact on their prospects of success and their start-up activity,&quot; <\/p><\/blockquote>\n\n\n\n<p>says <strong>Fritzi K\u00f6hler-Geib<\/strong>, Chief Economist at KfW. <\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>&quot;The best way to give self-employed people a perspective and support start-up activity would be to avoid further lockdowns. To achieve this, a &#039;whatever-it-takes&#039; mentality regarding vaccinations, testing, and contact tracing now seems urgently necessary.&quot;<\/p><\/blockquote>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Forty percent of young self-employed individuals surveyed by KfW, who have only been on the market for a short time, have lost more than half of their revenue since the outbreak of the crisis. Thirty percent of respondents consider it at least likely that they will have to give up their self-employment. The pandemic has hit female founders significantly harder than their male counterparts.<\/p>","protected":false},"author":26,"featured_media":68626,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[5634,1,5635],"tags":[932,247,157],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Corona trifft junge Gr\u00fcnderinnen besonders hart - Munich Startup<\/title>\n<meta name=\"description\" content=\"30 Prozent der jungen Gr\u00fcnderInnen f\u00fcrchten, ihre Selbstst\u00e4ndigkeit aufgeben zu m\u00fcssen. Gr\u00fcnderinnen trifft die Pandemie deutlich h\u00e4rter.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cms.munich-startup.net\/en\/70091\/corona-hits-young-female-founders-particularly-hard\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Corona trifft junge Gr\u00fcnderinnen besonders hart - Munich Startup\" \/>\n<meta property=\"og:description\" content=\"30 Prozent der jungen Gr\u00fcnderInnen f\u00fcrchten, ihre Selbstst\u00e4ndigkeit aufgeben zu m\u00fcssen. 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