Singapore is fifth-best city for female entrepreneurs
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Singapore is fifth-best city for female entrepreneurs: Study
SINGAPORE: The Republic has come in fifth in a ranking of best cities for high performing women entrepreneurs, according to findings by tech company Dell released on Thursday (Jun 23).
Singapore is the only Asian city in the top five, ranked behind New York, the San Francisco Bay Area, London and Stockholm. Five important categories of city characteristics were identified: Capital; Technology; Talent; Culture; and Markets, and Singapore performed in the top third of the 25 cities ranked for Talent, Culture and Technology, the Dell Women Entrepreneur Cities Index revealed.
Other Asia-Pacific cities in the ranking include Sydney (8), Beijing (13), Hong Kong (14) and Taipei (15), according to the findings.
The Index, which looks at a city’s ability to attract and foster growth of women-owned firms, ranked 25 cities with the highest potential women entrepreneurs. The index is intended to provide insights for cities on how to improve conditions for such businesses to thrive. The overall ranking took 70 indicators into account, 44 of which had a gender-based component, Dell said.
“Singapore has established a robust ecosystem to support women entrepreneurs with a strong focus on cultivating home-grown entrepreneurship and promoting digitisation across all verticals, said Dell’s vice president of APJ CSES marketing Margaret Franco.
“Singapore is well positioned on a global landscape for women-owned businesses to thrive and is an exceptional example to Asia of the great contribution women bring to the economic growth of a nation.”
- CNA/lc
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