According to research from Kaufman, 40% of first-time entrepreneurs in the United States are women.
Even more impressive? The number of women-run businesses in the US is growing at twice the rate of men-owned businesses. The rate of women starting businesses and startups throughout the country is at an all-time high.
Let’s take a closer look at women-owned businesses, including certification and funding opportunities.
In its simplest form, a women-owned business is a business owned by at least one woman.
But when it comes to qualifying for certain grants, loans, and contracts, a women-owned business is at least 51% owned by controlled, operated, and managed by a woman or women.