Global Trend: Women-Owned Businesses Thrive Despite Pandemic Disruption

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Women entrepreneurs have shown tremendous resiliency and ingenuity in the face of pandemic-driven market disruptions, according to a new report, Women’s Entrepreneurship 2020/21: Thriving Through Crisis, from Global Entrepreneurship Monitor (GEM).

According to the report, about one in three growth-oriented entrepreneurs active in the world today are female, and slightly more than 30 per cent of women entrepreneurs surveyed expect to hire six or more employees in the next five years — a marked uptick from 18.7 per cent in the 2019 report.

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