Some of the best companies are born during tough economic times. Walt Disney incorporated in 1929 just as the Great Depression hit. Microsoft set up shop during the recession of 1975. Networking giant Cisco Systems started in the doldrums of the mid-80s. Similarly, Kim Malek opened Salt & Straw, her "farm-to-cone" ice cream company, in 2011 as the American economy limped out of the Great Recession.
Featuring tennis legend Serena Williams as one of its leaders, this is the latest in a string of programs established by prominent women entrepreneurs who want to pay it forward.
From 2010 to 2019, the amount of money raised by all-female teams grew to about $6 billion from $1 billion, while all-male teams saw funding soar to $195 billion from $31 billion. The takeaway: On a percentage basis, all-female teams remain stuck, raising just two to three percent of the total venture capital in eight of the past 10 years.
European-listed firms could face fines if fewer than 40% of their non-executive board seats are taken by women
Milena Mondini de Focatiis to be insurer’s new boss, working alongside chair Annette Court
Low-income countries, especially in Sub-Saharan Africa and Latin America, have the highest rate of female entrepreneurship compared to higher-income countries. For every ten men engaged in entrepreneurship, every eight women are doing the same in low-income countries. This is to be celebrated.