Lack of access to capital continues to be a barrier for women-owned businesses.
On average, women start their business with half as much capital as men ($75,000 vs. $135,000). Women-owned and men-owned high growth potential firms experience larger disparities in capital at the time of founding ($150,000 vs. $320,000).
Corporations use supplier diversity programs to strengthen their supply chains by cultivating the marketplace of women-owned, minority-owned, veteran-owned and LGBT-owned vendors.
These programs originated as government initiatives to foster the use of underutilized historically disenfranchised businesses.
Check out the latest numbers and characteristics in our analysis of data from the Survey of Business Owners via the United States Census.
There are 749,197 Asian women-owned businesses in the United States. Learn more about this important subset of the entrepreneurship community.
There are 1,521,494 Black women-owned businesses in the United States. This reflects an increase of 66.9% from 2007. Learn more about this important segment of the business owner community.
There are 1,469,991 Latina women-owned businesses in the United States. Learn more about this fast growing segment of the entrepreneurship economy.
Learn more about women-owned, equally-owned and men-owned business performance and if your state makes the list for most women-owned businesses!
There are 383,302 veteran women-owned businesses in the United States. This reflects an increase of 296.0% from 2007. Learn more about this important segment of the business owner community.
There are 6,091,716 White women-owned businesses in the United States.
That’s an increase of 526,101 businesses, or 9.5%, from 2007.
*For the purpose of this fact sheet, “White” business ownership means non-Hispanic White individuals; this is also referred to as “nonminority.” Thus, discrepencies in numbers may exist for SBO searches that include White-Hispanic individuals.