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Facts on women’s entrepreneurship in Sweden

Facts on women’s entrepreneurship in Sweden. New enterprises: women account for 35 per cent of all new business starters Self-employment: 5 per cent of the women in the working force are self-employed Attitudes towards entrepreneurship: 3 out of 10 young women

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Facts on women’s entrepreneurship in Sweden

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  1. Facts on women’s entrepreneurship in Sweden • New enterprises: women account for 35 per cent of all new business starters • Self-employment: 5 per cent of the women in the working force are self-employed • Attitudes towards entrepreneurship: 3 out of 10 young women (18-30 years) would rather be self-employed than employed Sources: ITPS, Eurostat (Labour Force Surveys), Swedish Agency for Economic and Regional Growth

  2. If more women were to start and run businesses it… • strengthen Swedish economy and development • would increase the number of women that can be recruited as board members and managing directors • could lead to increased diversity in the service sector, such as health care and education, that is now partly opened up for private competition

  3. How is it promoted? • General actions • Targeted actions Lucky Look

  4. Some general actions • Abolishment of wealth tax • Tax relief for household services • Work in order to reduce the administrative burdens on companies with 25 percent by 2010 • Strengthening the incentives to employ

  5. Promoting entrepreneurship in the health care and nursing sector • Increasing the maximum level of micro-loans • Improving the social security system for entrepreneurs • Investigating the possibility to introduce a new form of limited liability company with simpler regulation and lower equity requirements

  6. Targeted actions • National programme • Research • Improved statistics • Ambassadors for women’s enterprise • Measures to increase the number of women as board members

  7. National programme to promote women’s enterprise • Objective: More business starts among women and increased growth in companies run by women • Budget: 100 million SEK a year, 2007-2009 • National coordinator: Swedish Agency for Economic and Regional Growth.

  8. The national programme • Information, advice and business development • Actions in existing entrepreneurial programmes • Development of financial opportunities • Attitudes and role models Lucky Look

  9. 1. Information, advice and business development • Business and innovation development measures at regional level • Training of business advisers • Development of internet-based services • Start-up days

  10. 2. Actions in existing entrepreneurial programmes • Ownership-change programme • National entrepreneurial programme • National mentorship programme

  11. 3. Development of financial opportunities • Innovation financing • Business angel networks • Analysis of the government supply of capital • Service innovation contest

  12. 4. Attitudes and role models • Making women’s enterprise more visible • Promoting business women as role models • Make existing actors and networks available for more business women

  13. Ambassadors for women’s enterprise • Role models for women’s enterprise • 880 business women from all parts of Sweden, who represent a great variety of branches • They are to inspire others by sharing their stories and experiences as entrepreneurs

  14. Increased knowledge about women’s enterprise • Research programme 2007–2009 • Improved access to sex-disaggregated company statistics Lucky Look

  15. Board member programme for women 200 women will be part of a mentorship programme and will be given a grant for further studies

  16. For more information about… • … the programme: www.tillvaxtverket.se • … the ambassadors: www.ambassadorer.se • … the research: www.vinnova.se • … the board member programme for women: www.almi.se • Overall information on the government's work for women's enterprise: www.regeringen.se/foretagande • Contact person at the Ministry of Enterprise, Energy and Communication Soledad Aguilar Oddershede, soledad.aguilar@entreprise.ministry.se

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