GITNUX MARKETDATA REPORT 2024

Female Entrepreneurship Statistics [Fresh Research]

With sources from: census.gov, kauffman.org, forbes.com, bcg.com and many more

In the following post, we will explore the landscape of female entrepreneurship through a statistical lens, shedding light on the significant growth, challenges, and successes experienced by women business owners globally. From remarkable increases in female-led startups to the disparities in funding and industry trends, these statistics offer a compelling narrative of the impactful journey of women in the entrepreneurial world.

Statistic 1

"Female entrepreneurship in the U.S. grew by 114% between 1997 and 2017."

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Statistic 2

"Women of color own 64% of the 11.6 million women-owned businesses in the United States."

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Statistic 3

"Female entrepreneurs are more likely to reinvest profits in their communities and families."

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Statistic 4

"In India, female entrepreneurship has grown to 14% from 9% over the last decade."

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Statistic 5

"Global female entrepreneurship rates have increased by 10% over the last three years."

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Statistic 6

"Female founders who pitch to investors for financing are proven to receive significantly less funding than their male counterparts."

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Statistic 7

"In 2019, 40% of companies in Latin America were women-owned."

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Statistic 8

"58% of women entrepreneurs started their businesses to pursue passion, compared to 52% of men."

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Statistic 9

"In 2019, women entrepreneurs were more likely to introduce innovative products to the market than their male counterparts."

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Statistic 10

"Women entrepreneurs receive lower amounts of funding from investors but show higher returns on investment."

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Statistic 11

"Women entrepreneurs in the U.K. contribute approximately £105 billion to the British economy annually."

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Statistic 12

"Only 2.3% of venture capital funding went to female-led startups in 2020."

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Statistic 13

"Women entrepreneurs are more likely to start businesses in healthcare, education, and social services."

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Statistic 14

"Women launch more than 1,200 new businesses every day in the U.S."

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Statistic 15

"Companies founded by women ultimately deliver higher revenue—more than twice as much per dollar invested—than those founded by men."

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Statistic 16

"Female-led startups generate 78 cents for every dollar that male-led startups generate."

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Statistic 17

"42% of all businesses in the United States are women-owned."

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Statistic 18

"Female entrepreneurs often face a "confidence gap," feeling less confident in their business skills compared to male entrepreneurs."

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Statistic 19

"Female entrepreneurs accounted for 64% of new women-owned businesses in 2018."

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Statistic 20

"The number of women-owned businesses in the U.S. increased by 21% between 2014 and 2019."

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Interpretation

The statistics presented highlight the significant growth and impact of female entrepreneurship globally. Women, particularly women of color, have been increasingly driving business innovation and economic growth. While facing challenges such as limited access to funding and the persistent confidence gap, female entrepreneurs continue to demonstrate resilience and determination in pursuing their passions and introducing innovative products to the market. The data underscores the importance of supporting and empowering female entrepreneurs to not only boost the economy but also foster community and familial investment, ultimately leading to increased success and higher returns on investment compared to male-led businesses.

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