Female Entrepreneur Landscape

FEMALE ENTREPRENEUR LANDSCAPE Women own They employ 19.1 million Their businesses 10.6 million account for $2.5 trillion in sales businesses in the workers-that's one in United States every seven employees BUSINESS PRODUCTS AND SERVICES EXPENDITURES Information Technology Telecommunications $38 billion $25 billion Human Resource Services Shipping/Mailing $23 billion $17 billion INTERESTING STATS The number of wealthy women in the U.S. is growing twice as fast as the number of wealthy men. Women represent 59% more than of all Americans with gross investable assets above $600,000. of American millionaires are women. 45% of estates worth more than $5 million are controlled by women, compared with 35% controlled by men. 48% of high-net-worth women have earned their own fortunes. 60% Some estimate that by 2030, women will control as much as two-thirds of the nation's wealth. THE 10 LARGEST METROPOLITAN AREAS FOR WOMEN-OWNED FIRMS Chicago, IL New York, NY Detroit, MI Philadelphia, PA-NJ Los Angeles- - Long Beach, CA -Washington, DC-MD-VA-WV Phoenix-Mesa, AZ Atlanta, GA Dallas, TX - L Houston, TX EDUCATION LEVEL 5.23% 8.14% Doctoral Degree Associate Degree or Less 38.95% Bachelor's Degree 47.68% - Master's Degree WHAT ARE YOUR MAIN SOURCES OF FUNDING? Personal Savings 79.10% Angel Investors 30.80% Friends and Family 30.20% Business Partners 20.30% Venture Capital 14.00% Bank Loan 5.80% Government Program/ 5.20% Foundation Grants Business Revenues 4.90% Bootstrapping 4.10% Corporate Investors 1.70% Accelerators 1.50% Crowdfunding 1.20% Other 1.20%