India best place for women entrepreneurs: Study

New Delhi: India has emerged as the best place for women entrepreneurs to start business with high level of optimism on various factors that are important to judge business growth, says a study by PC maker Dell.
"According to the study commissioned by Dell, we have found the ideal country for a woman starting a business in 2012 could well be India," Dell Chairman (Global Emerging Markets) and President (Asia Pacific) Amit Midha said.
In Dell Women's Global Entrepreneurship Study conducted across 450 women entrepreneur across India, the US and the UK by research firm Penn Schoen Berland found that Indian women entrepreneur are confident on their business growth compared to counterparts in the US and the UK.

The study found Women Entrepreneur in India expect 90 per cent growth in their business over period of five years compared to 24 per cent and 50 per cent growth in business expected by entrepreneur in the UK and the US respectively.
In terms of technology usage to promote their business, 74 per cent Indian women entrepreneur said that their technology need is getting more complex compared to 45 per cent in the US and 51 per cent in the UK.
Around 90 per cent of women entrepreneurs in India said they are using technology to support day-to-day operations. However, this trend was low in women entrepreneur in the US and the UK at 80 per cent and 70 per cent respectively.
The study found that getting fund for business has been biggest challenge for business across geographies.
"Women across geographies struggle to get fund for their business. The difference between funding issue between them and male entrepreneur is that they have issues even in approaching for fund," Dell's Chief Marketing Officer Karen Quintos said.
Women entrepreneurs in India needs an average of $9,376 in start-up capital for business, compared to $8,060 required in the UK and $19,985 in the US, the study said.
Women entrepreneurs in India and the US find banks or credit unions as most difficult source for obtaining funds.
Easiest source for getting funds for women entrepreneur in the US is family members, the UK is friends and for Indian women entrepreneur it is Angel investors.
You can find the article on http://ibnlive.in.com/news/india-best-place-for-women-entrepreneurs-study/266689-7.html

Women make some of the best entrepreneurs

According to a recent survey carried out by one of our partners, Everywoman, women business owners have overtaken their male counterparts for ‘growth ambition’, with 88% of women predicting business growth over next five years (read full report )

With female entrepreneurs predicting a £12 billion growth in turnover over the next five years, there are plenty of reasons to join in the optimism. And plenty of inspiration, help and support to get you there.
In Everywoman and Prowess, we’ve got some great partners who specialise in supporting women to start and grow businesses. And through horsesmouth mentors, you can also get in touch with some of the most successful and inspirational women in the UK to advise you – whatever stage you’re at.

On horsesmouth you’ll find advice on starting out from mentors like OutSec Ltd, aged 50, who set up business quite literally from the kitchen table and now provides transcription services to in excess of 2,000 corporate clients, many of whom are household names.

There’s also inspiration on overcoming barriers from young mentors like NatashaB, aged 27. Being a young mother at the age of 17 was no barrier to success as she went on to become a volunteer business mentor for Shell LiveWIRE and also won a ‘Services to Enterprise’ award in 2006.

There are many successful business women mentoring on horsesmouth who are willing to share their experiences to help your business grow, like ‘EMpwr’. EMpwr grew her business from a £1million turnover, to a turnover approaching £4million after just three years, before going on to sell it successfully.

Everyone has their own motivations for setting up or growing a business, be they financial or personal. On horsesmouth we find it’s usually a bit of both. A healthier work-life balance, a millionaire bank balance, or simply because you know you can do it better: now’s the time to get growing.

Reference:

 http://www.horsesmouth.co.uk/publisha.content/spotlight/topics.publisha?topic=Women%20make%20some%20of%20the%20best%20entrepreneurs&gclid=CO6SmJT_8rACFUcKfAod8G1oPg