More Women Are Becoming Entrepreneurs in Ontario
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| 2015 Global Entrepreneurship Monitor Ontario Report |
The 2015 Global Entrepreneurship Monitor Ontario Report, a recent study produced by the Brookfield Institute for Innovation & Entrepreneurship, Ryerson University and The Centre for Innovation Studies, analyzed the performance of entrepreneurs in Ontario in comparison with similar economies worldwide, including Canada as a whole, the US, Australia and Germany. Findings indicate that Ontario is a leader in entrepreneurship participation, with growth from 11.7% in 2013 to 14.4% in 2015. In Ontario’s robust entrepreneurship ecosystem, everybody has access to entrepreneurship, regardless of age, gender or income.
According to the report, Ontario had the highest female entrepreneurship participation rate at 13.8%, and 87.76% of female entrepreneurs were opportunity-driven. Michelle Mcquigge's states in her article More Women Join Growing Ranks of Ontario's Entrepreneurs that "for every 100 male entrepreneurs in the province, the survey suggested that there are 92 female counterparts. This number put Ontario ahead of Canada and many of the other 62 economies included in the global survey."
To read more about woman entrepreneurship in Canada, Industry Canada released the following Special Edition of their Key Small Business Statistics publication that may be of interest:
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| Majority Female-Owned Small and Medium-Sized Enterprises |
This report aims to provide a picture of the general distribution of majority female-owned small- and medium-sized enterprises (SMEs) in Canada.
Check out the following titles at the Toronto Public Library for additional information on businesswomen and/or self-employed women:
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| In the Company of Women | Leading Women | Earning It |
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| I Know How She Does It | Minority Women Entrepreneurs | My New Business |
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| Women, Work and the Web | Feminine Capital | Stiletto Network |
One thought on “More Women Are Becoming Entrepreneurs in Ontario”
Very interesting. Israel is getting a lot of press as “the start-up nation” and they just came out with a profile of the typical entrepreneur. Out of the 783 businesses they surveyed, only 5% were started by women.
Kudos to the library for all the resources they offer to entrepreneurs.