Female Entrepreneurship In 2019

As more women around the world become entrepreneurs, social media is playing an important role in their business.

The research and the report are part of Facebook’s celebration of IWD and Women’s History Month in March. International Women’s Day (IWD) falls on March 8 every year to celebrate the accomplishments and challenges women face.

In the US, 3 in 4 women business owners on Facebook said social media is helpful to their business. Globally the number jumps to 81% of women, or more than 4 in 5.

Female Entrepreneurship In 2019

The technology is making it possible for women to do more and they are using the platforms to grow, sell, and hire more workers. While today women have more opportunities and tools to make their entrepreneurial dream come true, they still face more obstacles than men.

The data comes from a global report on the state of female entrepreneurship. Millions of women in 95 countries were part of the study, making it one of the largest global reports on female business ownership.

The research was carried out in partnership with the World Bank, OECD (Organisation for Economic Co-operation and Development), and Facebook.

Key Takeaways

When it comes to social media, technology is helping businesses across-the-board grow. But in 37 out of the 95 countries…