The GEM 2020/21 Women’s Entrepreneurship Report: Thriving Through Crisis
Women entrepreneurs represent about one in three growth-oriented entrepreneurs active in the world today. In the following report, the 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 this 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.
Global Entrepreneurship Monitor (GEM)