When you support businesses owned by women, you are investing in women’s economic empowerment, gender parity in commerce, vibrant communities, and the growth of the economy overall. Buying Women Owned is both socially conscious and economically sound.
- Businesses owned by women represent a significant portion of economic and business growth. As of January 2017, there were an estimated 11.6 million Women Owned businesses in the U.S., employing nearly 9 million people and generating $1.7 trillion in revenues.
- Over the past 20 years, the number of Women-Owned businesses has grown 114 percent compared to the overall national growth rate of 44 percent for all businesses.
- As of 2017, Women-Owned businesses account for 39 percent of all businesses in the U.S. but only 4.2 percent of overall business revenues.
- Women entrepreneurs face challenges getting fair access to capital. Just 4 percent of the total dollar value of all small business loans goes to women business owners.
- Women reinvest up to 90 percent of their income in their families and communities, compared to 40 percent for men.