The number of women-owned businesses has risen dramatically in recent years, a healthy sign for those who value greater diversity in the nation’s economy.
Between 2002 and 2012, the number of women-owned firms increased at a rate 2½ times the national average (52 percent vs. 20 percent) and employment at women-owned firms grew at a rate 4½ times that of all firms (18 percent vs. 4 percent). In 2015, for the first time, the government met its goal of awarding five percent of federal contracts to women-owned small businesses.
Looking for Funding? Here are Some Resources for Women Entrepreneurs
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