Business & Entrepreneurship

New research indicates that women are leaving the corporate world at twice the rate of men. Many of these women are choosing to go into business for themselves. The Center for Women’s Business Research estimates that there are about 10.1 million privately-held women-owned firms in the United States, accounting for two out of every five businesses in the country. These firms generate $1.9 trillion in annual sales and employ 13 million people nationwide. In 1994, legislation was passed requiring the federal government to award a minimum of 5 percent of its contracts to women-owned businesses, a target that has never been met. There are currently no incentives, government departments or agencies tasked with enforcement and no consequences for failing to meet designated targets. Researchers in our network are working to improve guidelines and compliance to benefit women-run businesses.

Re:Gender Resources

Resources

Blog Posts

In her recent article, "A Case for Gender Lens Investing," NCRW Board Member Emerita Jacki Zehner poses the question, "When women hold...
*By Kate MeyerLast week Valerie Jarrett, Senior Advisor to President Obama and Chair of the White House Council on Women and Girls, and Preeta Bansal...
Introducing the new, fully interactive method of feminist geographical mapping: online map tools!

News

  • May 29, 2011

    This American Express OPEN publication bridges the gap between the quinquennial Survey of Business Owners conducted by the U. S. Census Bureau. The report offers an up-to-date accounting of the state of women-owned businesses in the United States in...


  • October 31, 2010

    Chicago Tribune: Local groups representing African American, Latino and Asian businesses are calling for reforms to steer 35% of the the city governments $1.1 billion in annual contracts into small businesses and firms owned by women, racial...


  • July 23, 2010

     CNN: Rwandan women make up 70% of the population, and are currently the economic backbone of this war-torn country.  They are building small businesses and becoming entrepreneurs so that they can gain equality in Rwandan economy.


  • June 14, 2010

    Forbes:  According to the latest research, only 14 women are self-made billionaires, compared to 665 men, which include the three richest people in the world.

     


  • April 5, 2010

    A strong dichotomy exists in the mind of the general public between businesses that are fast-growing, capital-rich, and highly-visible (and undeniably mostly male) and businesses that grow more organically, remain closely held, have greater longevity...