Singapore is the world's 8th best city for women entrepreneurs

It beat Sydney and Hong Kong in the APAC region.

The 2017 Women Entrepreneur Cities (WE Cities) Index by Dell ranked Singapore as 8th best city for Singapore women entrepreneurs.

Singapore remained the best in Asia Pacific region, ahead of its peers Sydney, Hong Kong, and Taipei.

Executive vice president and chief customer officer at Dell Karen Quintos said women’s entrepreneurship rates are growing more than 10% each year.

“By arming city leaders and policymakers with data-driven research and clear calls to action, we can collectively improve the landscape for high-potential women entrepreneurs, which in turn dramatically lifts a city’s economic prospects — as what is good for women is good for the economy," she said.

The index revealed that cities in Asia Pacific hold huge promise and opportunity for women entrepreneurs, with a number of cities in the region already realising success in terms of attracting and fostering high-potential women business owners.

Amit Midha, president, APJ commercial at Dell EMC, said throughout the region and across the five city characteristics looked at as part of our WE Cities ranking - capital, technology, talent, culture and markets.

"For instance, ranking #8 and #16 respectively are Singapore and Hong Kong. Both cities are focusing on technology leadership and their ability to enable women entrepreneurs to stand out, through technology and innovation. Kuala Lumpur is also emerging as a ‘City to Watch’ in recognition of its enabling factors for business and society. The challenges women entrepreneurs face are complex, but the success stories we see are testament to the scale of the opportunity available in APJ. Identifying these challenges and working to address these is an investment in our collective future," Amit noted.