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Want to add trillions to the global economy? Back female founders

5 Comments
By Sarah Shearman

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© Thomson Reuters Foundation

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I am all for women starting businesses!

-1 ( +1 / -2 )

The study, by consulting firm Boston Consulting Group (BCG) and the Cherie Blair Foundation for Women, found more working-age men start businesses than women in every country except Vietnam, Mexico, Indonesia and the Philippines.

And the women in these countries do it without Government handouts, why doesn't the Cherie Blair Foundation give grants to these women who want to start a business.

"It is a gap that has been there for a long time – and not just in start-ups but women's ability and access to resources to keep those businesses running and to sustain and grow those businesses," said BCG Managing Director and Partner Shalini Unnikrishnan.

"Unleashing that power" can be achieved quickly with the right government support and also deliver positive social impact, Unnikrishnan told the Thomson Reuters Foundation.

And there it is - when men start a business they take on the whole risk because they do it with bank loans, maxing out their credit cards, or borrowing from their families and friends while these womens organisations want the taxpayer to take the risk through Government handouts.

-3 ( +0 / -3 )

The study, by consulting firm Boston Consulting Group (BCG) and the Cherie Blair Foundation for Women, found more working-age men start businesses than women in every country except Vietnam, Mexico, Indonesia and the Philippines.

That's because in these countries, it's either start your own business or stay dirt poor all your life, no man to rely upon, no government to rely upon.

2 ( +2 / -0 )

Are you asking me to invest my time and resource simply based on one's gender?

1 ( +2 / -1 )

Yes.

1 ( +1 / -0 )

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