Some Facts About Women-Owned Businesses

Across the nation women are starting ventures, faster than any other segment of business owners. Currently, 50% of all U.S. businesses are owned by women.

For the past two decades, women-owned firms have grown at nearly two times the rate of all firms. Women owned businesses contribute nearly $3 trillion to our national economy and create or maintain 23 million jobs according to new research.

Women-owned firms have contributed significantly to economic development, policy making as well as private investment directed towards other women-owned businesses. Studies have also shown that approximately 8% of the total work force stems from women-owned firms.

If women owned businesses were a country, they would have the 5th largest GDP in the world. They would be ranked ahead of the United Kingdom, France and Italy. They would also have a higher GDP than India, Canada, and Vietnam combined.

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