Date of Conferral

11-29-2024

Degree

Doctor of Business Administration (D.B.A.)

School

Business Administration

Advisor

LeVita Bassett

Abstract

Female entrepreneurs encounter distinct challenges when seeking funding, which can impede their business growth and long-term success. Addressing these women's strategies to secure financial resources is essential for fostering entrepreneurial advancement. Grounded in the resource mobilization theory, this qualitative pragmatic inquiry was to explore female entrepreneurs' strategies to obtain funding. The participants were six female entrepreneurs from diverse sectors who successfully acquired funding for their ventures. Data were collected exclusively through semistructured interviews, as no business financial documents were obtained. Through thematic analysis, three themes were identified: (a) personal financial management, (b) building financial relationships, and (c) strategic networking and collaborations. A key recommendation is for female entrepreneurs to actively participate in networking events to cultivate relationships with potential investors. The implications for positive social change include the potential for enhancing female representation in entrepreneurship and promoting economic diversity within local communities, thereby contributing to a more inclusive economic landscape and inspiring future generations of female leaders, and ultimately leading to higher levels of productivity and the delivery of innovative products and services that benefit the broader community.

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