Capital of capitalism

U.S. best place in the world to be a woman entrepreneur

Travis Dove/The New York Times

A new report, compiled by ACG, Inc. and funded by Dell, has shown that the U.S. is the best place in the world to be a female entrepreneur. The research shows that the U.S. has the crucial mix of access to education, technology and training for women, combined with a generally healthy business environment. But it’s not all good news: the report also highlighted a lack of funding available to U.S. women. In 2014, just 3 percent of women-owned businesses received venture capital. Looking at 31 countries in total, Pakistan and Bangladesh came out on the bottom — largely due to lack of access to education and finance for women. Some countries that lack the general infrastructure have managed to grow a strong community of female entrepreneurs, nevertheless. Nigeria (23rd on the list), for example, has women starting businesses at nearly the same rate as men (nine female startups to ten male startups), but those entrepreneurs then face difficulties in scaling their businesses due to an unhealthy business environment.

Read the full story and see which countries rounded out the top five at The Guardian.

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