Women’s Entrepreneurial Venture
Scope
WEVentureScope
Commissioned by
Project methodology presentation for the
Women’s Entrepreneurship: Women’s
Entrepreneurial Venture Scope Panel
October 2, 2013
Programme overview
The WEVentureScope is the first comprehensive assessment of the environment for
female entrepreneurs in Latin America and the Caribbean.
The Economist Intelligence Unit developed the index in close collaboration with the
Multilateral Investment Fund.
The Index
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•
Measures the environment for women seeking to start
and grow micro, small and medium-sized enterprises
•
Benchmarks 20 countries in the region
•
Measures the environment across five categories:
Business Operating Risks, Entrepreneurial Business
Environment, Access to Finance, Capacity and Skills,
Social Services
•
Develops new indicators on women entrepreneurs
WEVentureScope research methodology
 Convene panel of experts on women’s entrepreneurship
and economic development
 Develop indicator framework
 Design new synthetic indicators
 Conduct primary and secondary research
 EIU country analysts score indicators
 Review scoring, develop Excel model
 EIU & MIF jointly review results
 Analyse results and produce report & data visualisation
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WEVentureScope 2013: Indicator framework
• Property rights (2)
• Costs of doing business (4)
• Business sophistication (4) • Supporting regulation*
• Macroeconomic risk*
• Female households
• Supplier-diversity* (2)
• Security risk (2)
Entrepreneurial
environment
• Vulnerability to corruption (2)
• Female participation in firm
ownership
• General access to finance (5)
• Access to SME finance (6)
Business
risks
Access to
finance
Output
variables
Capacity &
skills
• Female top manager
WEVentureScope
Index
2013
• Access to microfinance*(3)
• Microenterprise tech support*
Social
services
• Early-stage female
• Childcare*
• Elderly care (2)
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• Business networks*
• Educational levels* (4)
• Access to technology (3)
entrepreneurial activity
And many more…
• SME technical support*
• Maternity & paternity leave*
• Healthcare, including maternal mortality (2)
*Denotes EIU proprietary data
(#) Denotes number of sub-indicators; not all listed due to space constraints
WEVentureScope: New data on women entrepreneurs
We were able to advance data collection and
analysis for women’s entrepreneurial ventures in
this study in several ways:
• 8 EIU-created indicators pertaining to women
entrepreneurs including
 Supplier diversity initiatives for women-led
MSMEs
 Technical training programmes for female
business owners
 Business networks for women
 Availability of childcare
 Maternity & paternity leave
• 16 gender-disaggregated data series on women-led MSMEs
 EIU disaggregated World Bank Enterprise Survey data to capture the
experience of women leading MSMEs
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Access to Finance category: Some specifics
 Overall, this category focuses on women’s access to financial instruments as a tool
for starting and developing their businesses
 These indicators identify products for which women’s use is strong/weak
 Measures the availability and use of formal financial products by female managers of
MSMEs
 Has the highest number of gender disaggregated sub-indicators, which reflects the
progress in data collection in this field
Indicator
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What it measures
Source
General access to
finance
5 elements of women’s usage of financial products
(bank accounts for business purposes, loans, savings
accounts, withdrawals and deposits)
Global Financial
Index
Access to SME
finance
6 elements of sources of funding for women-led
SMEs and importance of collateral
World Bank
Enterprise
Surveys
Access to
microfinance
3 elements of the environment for microfinance and
the importance of women’s microloans in MFIs’
portfolios
MIX, Microscope
on Microfinance
Access to Finance category: Overall results
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Access to Finance category: Mexico results
Mexico vis-à-vis its peers
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 Mexico is not only way above average but
leads the category.
 Mexican women who are entrepreneurs
enjoy a wide access to microfinance: most
microloan borrowers are women and they
represent the largest MFI portfolio in the
region
 Women-led SMEs have low access to
financing vehicles for business growth
Indicator
Rank
General Access to
Finance
3
Access to SME Finance
15
Access to Microfinance
1
Exploring the results: Website
Visit www.weventurescope.com
Also available at www.eiu.com
 Explore the drivers of
women’s
entrepreneurship
 Compare country
scores
 Find country profiles
 Explore relationships
with additional
elements of the
national environment
 Download the Findings
and Methodology
paper and the Excel
model
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THANK YOU
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