BABSON PARK, MA (October 3, 2017) excerpt from CISION - Over the past year, 163 million women were starting businesses across 74 economies worldwide—this according to the Global Entrepreneurship Monitor (GEM) 2016/17 Women's Report released today.
"This not only shows the magnitude of impact women entrepreneurs have across the globe, but highlights the contribution they make toward the growth and well-being of their societies," said Babson College Professor and report co-author Donna Kelley. "Women entrepreneurs provide incomes for their families, employment for those in their communities, and products and services that bring new value to the world around them."
Among the 63 economies surveyed in both this and the last report, GEM found that Total Entrepreneurial Activity (TEA) among women increased by 10 percent, and the gender gap (ratio of women to men participating in entrepreneurship) narrowed by 5 percent.
These same economies show an 8 percent increase in women's ownership of established businesses, and a near 10 percent increase in women's opportunity perceptions across Europe, North America, and Asia.
To read the entire article, click here.
SourceFunding.org is committed to financial inclusion, leveling the playing field for all entrepreneurs and small business owners in the United States. Our platform offers unprecedented access to the nation's network of responsible community lenders to connect you with the find the right funding from the right source. Our mission: Financial inclusion. Create your Funding Navigator profile now.