Submitted by editor on Wed, 2016/10/05 - 4:04pm
You might be wondering - what in the world is FemTech?! I'm launching an incubator in New York City focusing on start-up businesses targeting women, or those run by female founders. The world's first FemTech Lab.
This Lab will focus on the world's largest emerging market: WOMEN.
Did you know? Women drive the world economy. Women represent 72.8% of US consumption directly or through influence according to the Harvard Business Review. Women account for 85% of all consumer purchases. Globally women now control $20 billion in annual consumer spending, and that figure could climb as high as $28 trillion in the next five years.