Sydney has ranked 11 on the Dell Global Women’s Entrepreneur Cities Index. The report ranks 50 cities’ across the globe on their ability to attract and support ‘High Potential Women Entrepreneurs’.
The 50 cities included in the report were chosen for their reputation as established or emerging hubs of innovation and entrepreneurship, with cities included in the rankings already delivering strong results in entrepreneurship (though not necessarily for female entrepreneurs).
Sydney ranked just outside the top ten overall – coming in at eleventh place but scored highly in the enabling environment coming second only to New York as a city whose culture was embracing of female entrepreneurs.
IN THE TOP 10 CITIES OVERALL 6 ARE IN THE U.S., 2 ARE IN EUROPE, 1 IS IN CANADA AND 1 IS IN ASIA.
The report considered a number of areas that impact on the success of women entrepreneurs, including factors such as workplace culture, technology, talent pool and capital. The size of market was also a consideration and the cost of being a profitable business in that market, and whether local policies assisted women to help level the playing field.
Sydney was praised for its high standard of living and start-up culture, although cricticisms were placed on the gender pay gay and escalating property prices.