Why women need half as much as men to start a business
Women can do more with less. That’s one takeaway from the most recent U.S. version of the Global Entrepreneurship Monitor, an annual survey that tracks entrepreneurial activity worldwide. Last year, female entrepreneurs in the U.S. reported needing only half as much as their male counterparts to start a new business, according to the report by researchers at Babson College and Baruch College. The typical woman who had recently started a new business told survey takers she needed $10,000.
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