GEM 2020/21 Women’s Entrepreneurship Report: Thriving through Crisis

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  • Year of publication: 2021
  • Category: Special Topic Reports
  • Language: English
  • Upload date: 2021-11-16

Women entrepreneurs represent about one in three growth-oriented entrepreneurs active in the world today. In its 2020/21 Women’s Entrepreneurship Report: Thriving through Crisis - released today - Global Entrepreneurship Monitor (GEM) found that globally, 30.2% of women entrepreneurs surveyed expected to hire six or more employees in the next five years compared to just 18.7% in the 2019 report. According to the new report, the percentage of men expecting to hire six or more employees in the next five years is 48%. The established business ownership rate (defined by GEM as owning and managing a running business that has paid salaries, wages or any other payments to the owners for more than 42 months) for women is 5.6%, representing one in three established business owners globally.

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