British men are nearly twice as likely as women to be entrepreneurs.
This isn’t just bad for entrepreneurship, but society at large suffers when the ideas of half the population aren’t adequately represented. Closing the gender entrepreneurship gap would ensure we no longer miss out on countless innovations, increase productivity, and raise wages.
A report from the Federation of Small Businesses estimated that the UK is missing out on 1.2m female-led businesses. In fact, if we just achieved parity with the US, which suffers from its own gender entrepreneurship gap, we would have 900,000 more businesses and an additional £23bn gross value added to the UK economy.
Read more from Seema Malhotra for City A.M. here: http://www.cityam.com/280615/closing-entrepreneurial-gender-gap-requires-us-all-take