#WhatWeNeedToSucceed: A Letter to the Next President on Behalf of Women Entrepreneur
Elizabeth Gore, Dell EIR Elizabeth Gore, Dell EIR 1 Nov 2016
Nov. 1, 2016
To: Secretary Hillary Clinton / Mr. Donald Trump
Dear Madam Secretary / Mr. Trump:
We write to you today on behalf of our nation’s leading innovators, entrepreneurs and influencers regarding one of the largest untapped economic and social opportunities in our country – women entrepreneurs. If women and men participated equally in the entrepreneurial ecosystem, the United States’ GDP could rise by $30 billion.
While women are starting businesses twice as fast as men, they face unique challenges, including experiencing disproportionately high failure rates, receiving only seven percent of venture capital and being represented in only seven percent of media stories. Through leadership and sound public policy, our country can benefit from the economic and social opportunity women entrepreneurs cultivate.
Over the last month, top business leaders – from enterprise CEOs to leading entrepreneurs – developed a set of policy and leadership recommendations that we believe will help women entrepreneurs start and scale businesses. Our suggestions for the necessary elements for success for women entrepreneurs focus on access to capital, expanding and supporting networks and markets, and addressing the changing face of business through technology.