The work is relevant as it is aimed at a comprehensive disclosure of the female entrepreneurship potential and substantiation of its importance for the development of society, achieving gender equality, as well as creating favorable conditions for the economic growth and female social mobility. The author analyzes current trends in the field feminine entrepreneurship and its impact on economic development. It is noted that opportunities for women's business are expanding, and entrepreneurship is becoming an effective social elevator for women. The key goal of the article is to substantiate the concept of female entrepreneurship as an effective mechanism of social mobility and achievement of gender equality.Objectives: to analyze female entrepreneurship as a means of expanding women's rights and opportunities, increasing their social status and overcoming gender barriers; based on statistics and facts, to demonstrate the strengthening of the position of women's business in Russia and the world; to substantiate the potential of female entrepreneurship in solving social problems and promoting progressive changes. The paper uses methods of comparative analysis, generalization, secondary analysis of research results conducted by specialists in the development of female entrepreneurship. Particular attention is paid to the role of women entrepreneurs in politics and their ability to influence decision-making. It is noted that opportunities for women's business are expanding, and entrepreneurship is becoming an effective social elevator for women.Conclusions are drawn about the importance of developing female entrepreneurship as a tool for progressive transformations and achieving gender equality in society, and the need for a purposeful state policy to stimulate and support female entrepreneurship.