This program encourages female entrepreneurs to venture into international markets

March 26th, 2021 – Support for women favors economic growth. A report by the McKinsey Global Institute indicates that a strengthening of gender equality could represent an increase of 12 trillion dollars to world GDP by the year 2025, which in Latin America would represent an approximate of 1.1 trillion dollars.

According to World Bank data, globally, one in three companies is owned by women and Latin America has the highest percentage, with 50% of women among business owners, in relation to other regions of the world.

More…https://www.entrepreneur.com/article/368016

Written by Entrepreneur
Photo: Entrepreneur

Related Post

thumbnail
hover

SME Performance Review: the Annual Report...

Despite ongoing economic headwinds and geopolitical uncertainties, Europe’s 26.1 million SMEs continue to demonstrate remarkable resilienc...

thumbnail
hover

How small businesses can navigate global...

Micro, small, and medium-sized enterprises represent the vast majority of businesses worldwide and are vital to global employment, yet they ...

thumbnail
hover

Equipping SMEs with the skills to...

SMEs and entrepreneurs heavily depend on skills to stay competitive and face greater challenges than larger firms in accessing and retaining...

CLOSE
CLOSE