The primary focus of this research is to examine the process of venture creation among women in Ireland and the dynamics at play, which affect the nascent female entrepreneur as she embarks on this process. A fundamentally explorative study, this research addresses idea formulation, motivations for business start-up, the start -up process and the challenges or barriers explicit to the nascent female entrepreneur. This study examines three nascent female entrepreneurs who are in the process of business start- up in order to assess the barriers or challenges they have experienced or anticipate to encounter as they embark on this venture. The aim of this study is to propose a theory concerning the challenges and barriers that have the most significant effect on women wishing to enter the new venture forum.