Monitor shows Irish women more likely to start a business than most of their EU counterparts

Monitor shows Irish women more likely to start a business than most of their EU counterparts

Figures from the Global Entrepreneurship Monitor show that Irish women rank 8th in Europe for starting businesses.

At 6.3% this ranks them higher than women in the UK, Germany, Spain, Sweden and France.

The figures, which have been highlighted ahead of the Local Enterprise Office’s National Women’s Enterprise Day, also show self-belief as an issue for Irish women when it comes to starting a business.

The numbers show that 33% of Irish women believe they have the skills and the ability to start a business, compared to 52% of Irish men.

The Global Entrepreneurship Monitor also positions Ireland as one of the best nations in the EU for government programmes supporting entrepreneurship alongside Germany, Estonia and the Netherlands.

Orla Martin, Local Enterprise Offices and Chair of the National Women’s Enterprise Day Committee, said: “There has never been a better time for an Irish woman to start a business with the range of supports available out there. Despite this, women may be hesitant to take that leap, or not know where to begin.

"Things have improved in recent years and the numbers certainly back that up with a significant upturn in the number of women availing of mentoring and training through their Local Enterprise Office.

“This year alone, over 230 female-led businesses have received funding to help them start and grow their company, through their Local Enterprise Office.

"It’s important that we keep showcasing successful female entrepreneurs as role models, to let more women know that if they want to start a business or grow an existing business, then their Local Enterprise Office is here to help them achieve that.”

The theme of this year’s National Women’s Enterprise Day is “From Local To Global”, aimed at highlighting female entrepreneurs who have successfully conquered international markets and inspiring new female entrepreneurs to think globally with their businesses.

Figures from the Global Entrepreneurship Monitor show that Irish businesswomen do believe they can be successful internationally, with 25% saying that at least a quarter of their future revenue will come from overseas markets.

More in this Section

Deliveroo want change in employment law so they can offer riders sick payDeliveroo want change in employment law so they can offer riders sick pay

Stop right now: Tesco removes Mel B advert in UK following Spice Girl’s complaintStop right now: Tesco removes Mel B advert in UK following Spice Girl’s complaint

Uber CEO expresses regret over comments about journalist’s murderUber CEO expresses regret over comments about journalist’s murder

UK economy ‘spluttering’ despite return to growth, say analystsUK economy ‘spluttering’ despite return to growth, say analysts


Lifestyle

The Cosmetify Index reveals the cosmetics companies that are generating the most buzz online – and Dubai-based Huda Kattan has the top spot.Huda Beauty tops the 10 ‘most popular’ beauty brands this year

Read the script of Kya deLongchamps’ kitchen-sink drama to set the scene to make an informed choice when selecting this home essentialTake the plunge: Read this checklist before you splash out on your new kitchen sink

SOMETIMES, the journey is more important than the destination. And sometimes, we just want to sit at home eating a bag of jelly beans, while thinking about more jelly beans. Life is only as significant or special as we make it.GameTech: Death Stranding is a divisive, beautiful journey packaged in a cool world

Former Oasis drummer Tony McCarroll tells Richard Purden about the mad times when five Manc-Irish lads became one of the biggest rock bands in the worldNot looking back in anger: Former Oasis drummer looks back at the mad times of one of the biggest rock bands in the world

More From The Irish Examiner