Female entrepreneurship on the rise: Challenges and future perspectives

Female entrepreneurship has emerged as a driver of economic development and social transformation worldwide. The growing participation of women in business is driven by several factors, including the emergence of support networks, access to education and training, favorable public policies and a greater awareness of the importance of diversity and inclusion.

Support networks such as entrepreneurship groups, incubators and mentoring programs play a crucial role in providing women with the support they need to navigate the challenges of the business world. Access to education and training in areas such as financial management, leadership and technology is also key to preparing women for business success. The impact of female entrepreneurship is evident across a range of sectors, with women leading innovative and socially responsible initiatives.

Governments and international organizations have recognized the importance of female entrepreneurship and implemented policies to support women entrepreneurs, including tax incentives, financing programs, and supportive regulatory environments. Diversity and inclusion in entrepreneurship not only benefits women, but also drives innovation and overall economic performance.

Despite the progress made, women still face significant challenges, such as unequal access to financial resources, gender discrimination, and the difficult task of balancing work and personal life. Overcoming these obstacles requires continued efforts to promote gender equality, eliminate barriers, and create a more inclusive and equitable business environment. The future of female entrepreneurship depends on the commitment of governments, organizations, and society at large to support and empower women to reach their full potential in business. (Rodrigues et al., 2024)

Reference :

Rodrigues, FAA, Nascimento, FHDS, Cruz, LN, Brennan, SIMU, & de Souza, É. AL (2024). What is expected for female entrepreneurship in the coming years? Academic Horizon – Scientific Journal, 4(1), 98–110. https://doi.org/10.70208/3007.8245.v4.n4.26

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