Women Entrepreneurship Essay Example | Topics and Well Written Essays - 1000 words

Women Entrepreneurship - Essay Example Despite an encouraging upturn in women entrepreneurs in the past decade, much still needs to be done to overcome some specific factors that hinder us from actively participating in startup ventures. According to Casserly (2013), unleashing the power of women entrepreneurs can have a dramatic positive impact on a country’s economy. While the top ranking nations consistently performed well in sectors such as banking, education, and economic development, U.S remains at the top with the best indicators of good institutional foundations and a story dynamic entrepreneurial environment. The frequency and contributions of women-owned companies continue to rise in the U.S as reported by Casserly (2013). The same report indicates that between 1997 and 2013, the number of women-owned enterprises in the U.S increased by 59% while the number of businesses increased by 41%. This generated approximately $ 1.3 trillion in revenue as well as employing over 8 million people. Measures to encoura ge women to venture in entrepreneurship and accessing such opportunities easily are necessary to enable them obtain the needed financial capacity for startup businesses. Different nations have tackled these problems facing women entrepreneurs in various ways, but none of them has all the answers to the problems. Improving these situations. It is ideal for us to exchange good practices and experiences among different states.Access to financial support is one of the major problems facing us as women entrepreneurs today.