Even today women are attracted towards business. Among all small and medium companies (SMEs), there has been a steady increase in the number of majority female-owned businesses (more than 50% of business ownership), reaching 16.8% in 2020.
However, the number of self-employed women in Canada reached 1,065,200 in 2019, representing 36.8% of all self-employed people, accounting for 37.2% of all self-employed people, before declining to 982,600 in 2021. Is.
Women entrepreneurs have great potential for high growth and earning.
Since 2019, the number of new start-ups in Canada with female founders with a valuation of more than $1 billion (unicorns) has nearly doubled, and the export gap between male and female entrepreneurs has almost closed.
Case studies from organizations that help women entrepreneurs support the beneficial effects of investing in women entrepreneurs, meaning the return on these investments is more consistent and the risk is significantly lower than in other programs.