Forbes List Top Cities For Women Entrepreneurs: New York, Houston, Dallas
Check out a look by-the-numbers at the best U.S. cities for female entrepreneurs to get started—and thrive in business.
Between 1997 and 2013, when the number of businesses in the United States increased by 41%, the number of women-owned firms increased by 59%. It’s currently estimated that the 8.6 million women-led firms in the country generate more than $1.3 trillion in revenues and employ nearly 8 million people.
“Unleashing the power of female entrepreneurship can have a dramatic effect on a country’s economy,” said CMO Karen Quintos in a press release that accompanied the report. “The research clearly supports the assertion that key things need to be fixed in order for female entrepreneurship to survive and flourish. Increased access to knowledge, networks, capital and technology are critical if countries are to empower female entrepreneurship and create a culture of success.”
No. 1 New York, New York
Women’s Median Annual Earnings: $36,220Total SBA-Approved Loans, 2011-2012: $42,281,500Growth in Women-Owned Firms 1997-2012: 31.2%Number of Women-Owned Firms, 2012: 670,1002012 Revenues By Women-Owned firms: $104,938,300
No. 2 Houston, Texas
Women’s Median Annual Earnings: $30,748Total SBA-Approved Loans, 2011-2012: $31,246,900Growth in Women-Owned Firms 1997-2012: 42.4%Number of Women-Owned Firms, 2012: 167,3002012 Revenues By Women-Owned firms: $35,083,800
No. 3 Dallas, Texas
Women’s Median Annual Earnings: $31,911Total SBA-Approved Loans, 2011-2012: $11,941,500Growth in Women-Owned Firms 1997-2012: 47.8%Number of Women-Owned Firms, 2012: 188,2002012 Revenues By Women-Owned firms: $31,639,400
Credit Source: Forbes <–Click Here To See Top 15
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