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The Ten Most Womenabling Facts of the Year, 2014 Julie R. Weeks, President & CEO Womenable

The Top Ten Womenabling Facts of 2014

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Page 1: The Top Ten Womenabling Facts of 2014

The Ten Most Womenabling Facts of

the Year, 2014

Julie R. Weeks,

President & CEOWomenable

Page 2: The Top Ten Womenabling Facts of 2014

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)

Page 3: The Top Ten Womenabling Facts of 2014

MONEY: Crowdfunding Success

2. Women-led projects on crowdfundingplatform Kickstarterare 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)

Page 4: The Top Ten Womenabling Facts of 2014

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)

Page 5: The Top Ten Womenabling Facts of 2014

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)

Page 6: The Top Ten Womenabling Facts of 2014

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)

Page 7: The Top Ten Womenabling Facts of 2014

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)

Page 8: The Top Ten Womenabling Facts of 2014

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)

Page 9: The Top Ten Womenabling Facts of 2014

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)

Page 10: The Top Ten Womenabling Facts of 2014

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)

Page 11: The Top Ten Womenabling Facts of 2014

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)

Page 12: The Top Ten Womenabling Facts of 2014

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)

Page 13: The Top Ten Womenabling Facts of 2014

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)