Going Global: Women Entrepreneurs and Exporting
Exporting companies are more productive, more competitive and 25% more likely to invest in research and development – which means exporters are more innovative. Of the 16% of Canada’s Small Medium Enterprises (SMEs) that are owned by women, many more are exporting to new markets, taking advantage of Canada’s 14 free trade agreements. In fact, a study by Global Affairs Canada showed that when it comes to exporting, the gender gap is rapidly closing and women are catching up with their male-counterparts particularly when exporting behavior is compared within sectors. Understanding the needs and challenges of women entrepreneurs who are exporting is critical to ensuring that women entrepreneurs cannot just start, but also grow their companies.
Led by Clare Beckton and Janice McDonald in collaboration with the Business Development Bank of Canada and Export Development Canada, this report analyses interviews with 100 women entrepreneurs to explore their experiences in exporting and inform ways to advance exporting by women entrepreneurs.