Women Bring It!

7 Jan

From Small Biz Daily, there’s a nice article about women entrepreneurs bringing more jobs for the economy.  Here’s a snippet.

Writing on ForbesWoman.com, she notes, data from the Center for Women’s Business Ownership show that the 8 million women-owned businesses in the U.S. account for more than 23 million jobs—16 percent of all U.S. employment. But only one in five women-owned firms has revenues over $1 million. “If women entrepreneurs in the U.S. started with the same capital as men entrepreneurs, for instance, they would add a whopping 6 million jobs to the economy within five years–2 million of those in the first year alone, according to Babson College research,” Pinelli writes.

Pinelli believes the key to helping women business owners create jobs is helping them in three key areas: access to capital, business networks to help them scale their businesses, and global supply networks.

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