Factors For Rise Of Women Entrepreneurs Across Sectors
SME World|October 2019
Factors For Rise Of Women Entrepreneurs Across Sectors
India has been hailed as one of the fastest growing start-up ecosystem in the world, with 11% of adult population being directly engaged in early stage entrepreneurship.
Agnelo Rajesh Athaide

The share of women entrepreneurs in the modern start-up ecosystem is also steadily rising. According to Sixth Economic Census released by the Ministry of Statistics and Programme Implementation, women constitute around 14% of the total entrepreneurship i.e. 8.05 million out of the total 58.5 million entrepreneurs in India. Further, the share of women in the non-agriculture sector constitutes about 65% of all women entrepreneurs, amounting to 5.29 million women. However, the average employment in women-owned enterprises remains at a meagre 1.67%.

Some key challenges faced by them include:

alent: The likelihood of finding women with the required training and experience to run and scale a business

Culture: The prevalence of relevant mentors, networks, and role models

Technology: Female entrepreneurs' global connectivity via the internet and social media

Capital: The frequency and value of funding received by woman-led businesses

Market: Whether a female entrepreneur operates in a market that has sufficient size such that scale can be achieved

Despite these challenges, multiple government policies - from taxation to loans and funding requirements, and rise of professional networking platforms, has helped create a supportive ecosystem. Changing trends in the corporate, social and higher education sector are further enabling women to take a leap and realise their entrepreneurial potential. These include:

1. Opportunity

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October 2019