Toronto has the most female entrepreneur-focused culture in the world, according to a study by the Dell Women Entrepreneur Cities Index.
The survey, released at the White House’s Global Entrepreneurship Summit, measured 50 world cities and ranked 25. For culture, the criteria included:
The methodology explains how and why the decision was made.
A city’s culture, while less tangible, is believed by women entrepreneurs to be a critical enabler for their participation in commerce… [we measure] the prevalence of relevant mentors, networks, and role models, and the predominant attitudes and expectations of that community toward women entrepreneurs.
Canada’s biggest city fared less well in the overall ranking on the status of women in technology. Toronto ranked sixth, taking into account factors including access to capital and talent availability.
In Toronto, 19 percent of startups had female founders and 25 percent had female employees, compared with averages of 24 percent and 29 percent, respectively, for Silicon Valley.
“This is not something that has been done before,” Diffley said.