By Wendy Tan White (Founder & CEO, Moonfruit)
It’s been a great 12 months for our business, taking a $2.25M Series A round from Stephens(US) for international growth, backing from Silicon Valley-based 500 Startups, relaunching Moonfruit to focus on SMB’s who expect better DIY design tools to build better designed websites, record revenues and the Everywoman Entrepreneur of the Year award. There has never been a better time to be a women entrepreneur, get out there and set up your own business!
Women-led firms are the fastest growing sector of new venture creation in the US. The trend is international, in Brazil there are more female than male entrepreneurs and China has created half of the female billionaire entrepreneurs globally a direct result of women’s economic empowerment. I believe there is also growth opportunity for women in the UK. As business owners, women in the UK still have a lot of ground to make up on our American cousins.
Recent statistics have shown that if the UK had the same level of female entrepreneurship as the US, there would be approximately 600,000 extra women-owned businesses, contributing an estimated additional £42 billion to the economy. To put it into perspective, with businesses started by men in the UK too, an extra 150,000 start-ups would be created per year if women were to meet their number of businesses started.