Saturday, April 27, 2024

Revisiting Women's Entrepreneurship: Breaking Stereotypes and Seizing Opportunities

Globally, one in six women reported an intention to start a business in the near future. The highest entrepreneurial intention rates were observed in low-income countries, where approximately 28% of women expressed intentions to start a business. 

Nearly one in every three entrepreneurs running established businesses is a woman. For start-up activity, there are .80 women for every 1 man. Globally, women were more likely than men to be solopreneurs (1.47 women solopreneurs for every 1 man).

These were among the findings presented in the GEM 2022/2023 Women’s Entrepreneurship report, entitled Challenging Bias and Stereotypes.

If you haven't read it yet, I suggest you do so now because women play a very important role in driving economic growth.

Note:  The report is sponsored by Cartier Women’s Initiative (CWI), the Frank & Eileen™ Center for Women's Entrepreneurial Leadership (F&E CWEL) at Babson College, the School of Management (HEG-FR) in Fribourg, Switzerland and the Women Entrepreneurs Finance Initiative (We-Fi, housed in the World Bank Group).

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