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The Top Ten Womenabling Facts of 2014
1. The Ten Most Womenabling Facts of
the Year, 2014
Julie R. Weeks,
President & CEO
Womenable
2. MONEY: Closing the Credit Gap
1. Closing the credit
gap for women in
developing
economies would
boost per capita
income by 110 basis
points (1.1%).
Goldman Sachs,
Giving credit where it is due (February 2014)
3. MONEY: Crowdfunding Success
2. Women-led
projects on
crowdfunding
platform Kickstarter
are more successful
at raising money
than those
launched by men
(69.5% vs. 61.4%).
Maroum, Robb, Sade,
Gender Dynamics in Crowdfunding
(Kickstarter): Evidence on Entrepreneurs,
Deals and Taste Based Discrimination (May 2014)
4. MONEY: Venture Capital Success
3. Businesses with
women on their
executive team
have higher
valuations at first
and last funding
(64% & 49%,
respectively).
Brush, Greene, Balachandra, Davis,
Women Entrepreneurs 2014: Bridging the
Gender Gap in Venture Capital (September
2014)
5. MONEY: Angel Investment Gains
4. In 2013, women
represented 19%
of angels, 23% of
entrepreneurs
seeking angel
investment, and
19% of those
receiving angel
investment.
Center for Venture Research,
The Angel Investor Market in 2013: A Return
to Seed Investing (April 2014)
6. MENTORS: LAC WBOs Keep it in the
Family
5. High-growth
entrepreneurs are
more likely to seek
mentors. However,
women in LAC
more likely than
men to receive
guidance from
within the family.
EY & MIF/IADB,
WEGrow: Unlocking the Growth Potential of
Women Entrepreneurs in Latin America and
the Caribbean (March 2014)
7. MENTORS: Women in Tech Have
Fewer Role Models
6. Women
technology
entrepreneurs are
not as likely to have
been inspired by
role models.
Robb, Coleman, Stangler,
Sources of Economic Hope: Women’s
Entrepreneurship (November 2014)
8. METRICS: Conditions Supporting
Growth-Oriented Women’s E-ship
7. The countries giving
greatest support to
growth-oriented
women entrepreneurs
are:
• USA
• Australia
• Sweden
• France
• Germany
• Chile
• UK
• Poland
Aidis,
The Gender Global Entrepreneurship and
Development Index (June 2014)
9. METRICS: Counting Women-Owned
Firms in Europe
8. The share of firms
owned by women
in Europe rose
from 26% to 29%
between 2003
and 2012.
European Commission,
Statistical Data on Women Entrepreneurs in
Europe (September 2014)
10. METRICS: Tracking the Start-up Rate
9. There has been a
net increase of
591 women-
owned firms in the
US each and
every day since
1997.
American Express OPEN, Womenable,
The 2014 State of Women-Owned
Businesses Report (April 2014)
11. STEM: Uneven Progress Across
Disciplines
10. Women have
achieved PhD parity in
biological & medical
science, but lag in
other fields. And in all
fields, women lag men
in rates of
entrepreneurship.
Blume-Kohut, SBA Advocacy,
Understanding the Gender Gap in STEM Fields
Entrepreneurship (April 2014)
12. STEM: Women in Tech Experience
Financing Gap
11. Women
technology
entrepreneurs
experience a gap
in financing, which
leads to a growth
gap in business
outcomes.
Robb, Coleman, Stangler,
Sources of Economic Hope: Women’s
Entrepreneurship (November 2014)
13. The Ten Most Womenabling Facts of
the Year, 2014
For more information:
slideshare.net/womenable (this presentation)
thewomenablerblog.com (more details)
womenable.com (links, research, resources)