Delhi ranks 22nd out of top 25 cities for women entrepreneurs globally

Delhi is the only Indian city to figure in Dell’s 2016 Women Entrepreneur Cities Index, figuring at the 22nd spot. The company looked at cities across the world, judging their ability to attract and foster growth in firms founded by women entrepreneurs.

The top 5 cities in the list released officially at the White House’s Global Entrepreneurship Summit, are New York, San Francisco Bay Area, London, Stockholm and Singapore. Beijing comes in at number 13 and Hong Kong and Shanghai have also made it the list.

Karen Quintos, Senior Vice President and Chief Marketing Officer at Dell said, “Our index provides insights to move the conversation with policymakers and city leaders from awareness to action and, in turn, to empower women entrepreneurs to have the greatest economic impact on the world.”

The company announced these finding will be used during discussions related to the seventh annual Dell Women’s Entrepreneur Network Summit (DWEN), Dell’s global gathering of over 200 top female entrepreneurs, business leaders and media partners. The event is expected to take place in Cape Town from June 27^th to June 28th.

Building on the past four years of Dell’s research on HPWE, five important categories of city characteristics were identified: capital, technology, talent, culture and markets. These pillars were organized into two groups – operating environment and enabling environment.

The overall rating has 70 indicators, and, of these, 44 have a gender-based component. Individual indicators were weighted based on four criteria: relevance, quality of underlying data, uniqueness in the index and gender component.

Overall Ranking

1. NEW YORK

2. BAY AREA

3. LONDON

4. STOCKHOLM

5. SINGAPORE

6. TORONTO

7. WASHINGTON, DC

8. SYDNEY

9. PARIS

10. SEATTLE

11. MUNICH

12. AUSTIN

13. BEIJING

14. HONG KONG

15. TAIPEI

16. SHANGHAI

17. TOKYO

18. MEXICO CITY

19. SAO PAULO

20. SEOUL

21. MILAN

22. DELHI

23. JOHANNESBURG

24. JAKARTA

25. ISTANBUL

Research for WE Cities began during the 2016 DWEN Future Ready Research Symposium chaired by Dr. David Ricketts from the Technology and Entrepreneurship Center at Harvard. The research symposium brought together 40 global thought leaders, women entrepreneurs, academics and media to develop insights for the model.

“Women entrepreneurs are our country’s best bet for economic growth. It’s time for women to be politically engaged to ensure the right ecosystems are in place for them to scale,” said Elizabeth Gore, entrepreneur-in-residence for Dell.

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