Entrepreneurial activity by women has increased by 7% across 61 economies since 2012, according to the Global Entrepreneurship 2014 Women’s Report, which now counts more than 200 million womenentrepreneurs across the globe. Meanwhile, the gender gap in entrepreneurial activity has closed by 6%.
In 2014, Goldman Sachs 10,000 Women and the World Bank’s International Finance Corporation (IFC) launched the first-ever global finance facility dedicated exclusively to women-owned small and medium-sized enterprises (SMEs). The facility is a $600 million effort to enable approximately 100,000 women-owned SMEs to access capital.
View infographic to learn more about the 10,000 Women partnership with IFC.At the same time, however, both male and female entrepreneurs seem to be losing interest in job creation. Among women entrepreneurs, 68% run one-person businesses, compared to 62% of men. This trend toward solo entrepreneurship isn’t new. We have seen this changing increase since 2012.
Check out this story of Women Entrepreneurs in South Africa.
When we invest in women and girls in the area of Entrepreneurship we make a great impact not just on our economy, but on communities worldwide.