8 Facts Celebrating the Contributions of Women-Owned Small Businesses

BY THE NUMBERS: WOMEN & SMALL BUSINESSES The United States ranks first for female entrepreneurship #1 Compared to 17 other countries, according to The Gender Global Entrepreurship and Development Index Women own 7.8 million 7.8 MIL businesses nationwide Women account for 28.7% of 28.7% all businesses nationwide According to the U.S. Census Bureau's 2007 Survey of Business Owners There was a 20.1% increase of women-owned businesses between 20.1% 2002 and 2007 According to the U.S. Census Bureau's 2007 Survey of Business Owners Women-owned firms represent one of the fastest growing segments of the economy, experiencing growth at 44%, twice as fast as men 144% According to the Economic and Studies Administration Based on 2007 data, women-owned firms are generally small businesses by default as nearly 7 million women- owned firms had no employees. Women-owned firms with employees averaged slightly more than 8 workers. $16.2 BIL In FY 2012, women-owned small business were awarded $16.2 billion in prime federal contracts $2.6 BIL In FY 2012, women-owned small business received over $2.6 billion in loans guaranteed by the SBA According to the Small Business Administration U.S. CHAMBER OF COMMERCE FOUNDATION CWB SOURCE House Committee on Small Businesses, 2013 CENTER FOR WOMEN IN BUSINESS