03.07.2021 Views

June 2021 Female Tech Leaders Magazine

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

MIND-BLOWING BUSINESS

WOMEN STATISTICS 2021

Do you know that 36% of women own a small business?

However, in the countries of the Middle East this number is less than 10% while in the USA

women own four out of ten businesses?

Women dominate sectors like beauty, health, and fitness industry as well food places and

restaurants, retail stores, education-related businesses, and provide business services and in

the USA, there are more than 12 million women currently own some kind of business.

Entrepreneurship statistics show that only 30% of female business owners are younger than

40 (takes years to build connections and financial capital) and that more than 80% of these

women have a college degree.

Tech industry

At the moment, there are 12 "unicorns" founded by women (or part of the founder team) in a

total of 357 unicorns globally but according to a consulting group study, women-owned

businesses are safer for investors and women are 9% less likely to seek funding in the first

place because they are subjected to more scrutiny than their male counterparts when facing

investors.

Only 50% of the startups have at least one female founder and at least one woman sits on the

board of directors in half of the world startups but things are changing and we now see that

60% of startups have some program to increase the number of women in executive positions

because it has been proved women in leadership brings a better return on investment or

better annual earnings.

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!