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  "documentTitle": "Women-led startups losing across the board: from creation to funding, in all key European markets",
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      "text": "BCG’s analysis of existing support programs reveals the importance of social capital and the significant benefits that networks and mentors deliver. The challenge is how to create networks with true, sustainable impact. The framework we’ve outlined is a starting point for designing successful networks. The framework provides a platform for the continued sharing of best practices and is an important call to action for stakeholders around the world. We urge organizations to consider the importance of female entrepreneurs and the role social capital plays in their success. Governments and NGOs should capitalize on the power of social capital when funding and developing support programs, with a particular focus on female entrepreneurs whose businesses hold the potential to grow and create jobs. Corporations should seek opportunities to expand their partnerships with networks of female entrepreneurs to enable mutually beneficial growth.\n\nBy recognizing the importance of social capital for women and by helping them develop it systematically, we can continue to close the gender gap in global entrepreneurship. By working together, we can help women around the world achieve their economic potential, which in turn could lift the global economy.",
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