In 2013 for example,over 200 million women started or operated businesses in 67 countries, and more than a third of the firms worldwide had women owners (Vanderbrug, 2013). These businesses—which primarily operate in the consumer sector—have contributed to the gross domestic product of their respective countries, generating millions of new employment opportunities and spurring local development. The Center for Women’s Business Research (CWBR) quantified the economic impact of women-owned businesses at $3 trillion annually.