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The prominence of women in business and entrepreneurship has dramatically increased since the 1980’s, but there’s still work to be done to even the gap.
Encouraging women entrepreneurs is vital for economic growth as their participation has a direct bearing on improving the standard of living, helps in job creation and allows them more social independence that bring about better outcomes at the community level.
Challenges women face.
Limited Funding – Women’s businesses are among the leading ventures that lack financial support
Balancing Responsibilities – A large number of women are not just entrepreneurs or career people—they have families, spouses, and other responsibilities
Gender inequality – Women are better educated and more active in the work place than ever, and are increasingly working in managerial roles. Yet despite these gains, their representation in top positions in business still lags behind that of men.