Delhi, Bengaluru Are Best Cities For Women Entrepreneurs In India
Bengaluru and Delhi are the best cities for women entrepreneurs in India, according to the report. While Bengaluru ranks 40th, Delhi is on the 49th position in the list of top 50 global cities topped by New York City
At the 8th Annual Dell Women Entrepreneur Network Summit, Dell announced findings of the 2017 Women Entrepreneur Cities (WE Cities) Index, revealing how 50 top global cities are fostering high-potential women entrepreneurs (HPWE).
Bengaluru and Delhi are the best cities for women entrepreneurs in India, according to the report. While Bengaluru ranks 40th, Delhi is on the 49th position in the list of top 50 global cities topped by New York City.
Other cities in the top 20 are Bay Area, London, Boston, Stockholm, Los Angeles, Washington, D.C., Singapore, Toronto, Seattle, Sydney, Paris, Chicago, Minneapolis, Austin, Hong Kong, Melbourne, Atlanta, Amsterdam and Portland.
Building on the past five years of Dell research on HPWE, cities are ranked on five important characteristics: capital, technology, talent, culture and markets. These pillars were organised into two groups — operating environment and enabling environment. The overall rating is based on 72 indicators; 45 of these, nearly two-thirds, have a gender-based component. Individual indicators were weighted based on four criteria: relevance, quality of underlying data, uniqueness in the index and gender component.
“It is in the world's best interest that women entrepreneurs thrive everywhere. The WE Cities Index can be used as a diagnostic tool to help ensure that lawmakers are enabling women entrepreneurs to succeed," said Elizabeth Gore, entrepreneur-in- residence at Dell.
"Globally, women's entrepreneurship rates are growing more than 10 per cent each year. In fact, women are as likely or more likely than men to start businesses in many markets. However, financial, cultural and political barriers can limit the success of these businesses," said Karen Quintos, EVP and chief customer officer at Dell, as per the report.
Delhi and Bengaluru have always been in news for women’s safety issues. This survey is good news for the community of women who have flocked from different parts of the country to aspire and establish their own ventures.