Though certain pockets of the country have higher levels of female entrepreneurship than others, research by the Center for Women in Business and supported by the U.S. Chamber of Commerce Foundation shows that any community with determination can build a supportive network for its local women-owned businesses. Women are working tirelessly to export, create jobs, solve problems, and strengthen America’s long-term competitiveness. It is clear that when communities help women in business succeed, they ultimately help America succeed as well.
It is no surprise then that the face of entrepreneurship is changing:
Over the last 15 years, women-owned firms have grown by one and a half times the rate of other small enterprises and now account for almost 30 percent of all businesses. Additionally, one in five firms with revenue of $1 million or more is woman-owned.
Further, as women-owned and women-led enterprises scale up their businesses, they will ultimately serve national and international markets in unique and groundbreaking ways. WEGG will play a key role in helping women grow globally.
Read the report … Women-Owned Businesses Carving a New American Business Landscape
Screenshot courtesy: Women-Owned Businesses report