Support for female entrepreneurs : survey evidence for why it makes sense / European Investment Bank.

Format:

Book

Author/Creator:

European Investment Bank, author, issuing body.

Language:

English

Subjects (All):

Women-owned business enterprises.

Businesswomen.

Physical Description:

1 online resource (44 pages)

Place of Publication:

European Investment Bank 2022

Luxembourg : European Investment Bank, [2022]

Language Note:

English

Summary:

Women's economic empowerment has improved rapidly in the last century. Today, many women are not just fully engaged in the workplace; some lead international organisations, corporations and countries. But gender gaps, still prevalent in the European Union and other regions, are costly and imply foregone opportunities not only for women individually, but also for companies that do not fully leverage female talent, and for economies. After a century of impressive progress, overall economic opportunities for women are still lagging behind those of men. On average, women earn 13% less per hour in the European Union. Women are less often entrepreneurs and those that strive to grow their businesses or decide to lead companies face high barriers. Globally and across the European Union, we still have a way to go to achieve gender equality and empower women and girls, as stipulated by the UN Sustainable Development Goals and the European Pillar of Social Rights. Three surveys - the EIB Investment Survey (EIBIS) 2021, the EIBIS Startup and Scaleup Survey 2019 and the EBRD-EIB-World Bank Group Enterprise Survey - show that supporting female-led businesses makes good economic sense, as these companies generate wider economic, social and environmental benefits. Notably, support for female-led businesses can contribute to raising female labour force participation, thereby helping to reduce poverty risks. At the same time, framework conditions that make it easier for women to have professional careers, or establish and run a business successfully, are key to seeing more female-led businesses emerge and thrive.

Contents:

Introduction

A push for parity is still needed

Survey findings

Gender equality and the pandemic

Which firms are striving for gender balance?

Conclusion

References

Annexes.

Notes:

Description based on: online resource; title from PDF information screen (European Investment Bank, viewed March 27, 2023).

Publisher Number:

https://doi.org/10.2867/854252