(Photo By: Reuters/Amir Cohen/File)

(Photo By: Reuters/Amir Cohen/File)

By: Shiryn Ghermezian - November 23, 2020

Israel is the best country for women entrepreneurs, according to a new ranking.

The Jewish state was ranked first in the 2020 Mastercard Index of Women Entrepreneurs (MIWE), a rise from fourth place the previous year.

The US came in second this year, followed by Switzerland, New Zealand, Poland, the UK, Canada, Sweden, Australia and Spain.

Israel’s first-place ranking was “largely driven by a focused institutional support” for small and medium-sized enterprises (SMEs), according to the MIWE report.

Read More: Algemeiner

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