January 3

Report: Women Now Run One In Three High-Growth Companies, Despite A Worldwide Lack Of Access To Capital

By Elaine Pofeldt

One-third high-growth businesses worldwide are now run by women, according to the sweeping Global Entrepreneurship Monitor (GEM) 2021/2022 Women’s Entrepreneurship Report.

“That’s an important statistic,” says Aileen Ionescu-Somers, executive director of GEM. “For me that indicates that women can definitely achieve on the most demanding side of entrepreneurship.”

The report defines high-growth businesses as job-creators with 20+ employees that are projecting 20+ hires in the next five years.

Photo courtesy of WOCinTech Chat.

Source: Forbes (link opens in a new window)

business development, employment, failure, women entrepreneurs