What’s good for women is good for the economy.

Economists and academics agree women entrepreneurs are an under-tapped force that can rekindle economic expansion. Women are becoming more entrepreneurial. Women own 36% of all businesses, according to the 2012 U.S. Census ‒ a jump of 30% over 2007.

My 10 reasons the force will be with women entrepreneurs are a mix of marketplace trends, expanding financing options, and the growing recognition that support is needed and is effective. The biggest challenge women face when starting and growing their businesses is access to capital, especially equity financing, as I was reminded by Sharon Vosmek, an economist and CEO of Astia‒ a nonprofit that identifies and propels high-potential women-led companies with expertise and money. Female entrepreneurs start companies with 50% less capital than male entrepreneurs, according to Access to Capital by High-Growth Women-Owned Businesses, research commissioned by the National Women’s Business Council (NWBC). So no surprise, money is a large focus of the article. I’ve also included resources in case you want to go deeper into a topic.   Continue Reading: http://onforb.es/1PYRdeA

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Dear Topsie,

I loved reading your post and the positive evidence that indicates there has been a rise in the number of women enterpreneurs! It doesn't however come as a surprise that those who do try this path, start with less capital as and when compared to men and have less access to funding. How true! 

In India, this situation is backed by inheritance rights that lie with only men so women starting businesses are not viewed as an income for the family so the immediate as well as the extended family do not wish to contribute to the capital. In contrast when a man starts an enterprise everyone in the family and clan is obliged, socially, to contribute- IT'S FOR THE FAMILY!

Wish you the very best for your initiative and keep writing, keep sharing and voicing your concerns.

Warm regards from India,

Urmila Chanam,

Founder,

Breaking the Silence,

Menstrual Blood is not impure

E-mail- urmila.chanam@gmail.com

“The people who are crazy enough to think they can change the world are the ones who do.”