Businesses setup by mumpreneurs last year generated £7.2bn for the economy and supported 204,600 jobs.
These businesses range from micro-businesses run by mums at home while looking after young children, through to multi-million pound operations like Thingimijigs, which started with just an eBay account, £200 and a kitchen table and now sells branded gifts and accessories for kids globally from a purpose built facility in Lancashire.
Sarah Calcott, eBay UK COO, said: "Improved connectivity and growing digital literacy is enabling ambitious, business-minded mums, to realise and pursue successful enterprises.
"These entrepreneurial businesswomen are building impressive companies, creating both wealth and jobs whilst also fulfilling one of the most demanding roles of all – being a mum."
The eBay commissioned study, conducted by independent economists Development Economics, also reveals that the value of the mum-economy is increasing each year, and is set to increase even further in the future:
By 2025, increased opportunity and flexibility for mums in business, will:
The most successful sectors for mum-run businesses are diverse, ranging from:
Retail e.g. jobs in bricks and mortar shops, market stalls, online retail - contributing £650m to the economy each year.
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