Only 2 Percent of Women-Owned Businesses Export Goods and Services

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According to Pamela Hamamoto, Ambassador and Permanent Representative of the US to the United Nations and other international organizations in Geneva:

… that the majority of WOBs [women-owned businesses] are in fact small and medium-sized enterprises (SMEs), accounting for one-third of SMEs. Yet only 2% of those WOBs actually export goods and services. ‘This is not just a women’s issue,’ she said, ‘men and women must work together to achieve real progress.’

What that tells us is there is a whole heck of a lot of room for improvement to help women get out of their own backyards and conduct business worldwide through platforms like WEGG.  WEGG is on a mission to educate women business owners and entrepreneurs worldwide on how to expand their businesses globally.  Watch for programs to make that happen — coming soon.

Read the entire article:  Women’s empowerment:  good for business, development and men

Screenshot courtesy:  International Trade Centre

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