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.
The GEM reports, produced by a consortium of universities, make up one of the most comprehensive bodies of current data on entrepreneurship around the globe. The report on women entrepreneurs looks at data from 47 countries. It includes