America’s Women Entrepreneurs Find Strength in Large Cities
A new study finds that there has been a dramatic increase in women entrepreneurs in the nation’s 25 largest cities.
The study, from the Center for an Urban Future, finds that the number of women-owned businesses in the 25 largest American cities increased by 43% over the past five years.
This urban growth far outpaced the overall growth in women-owned businesses nationally, which was 27%
Among large American cities, Memphis stood out as the top performer between 2007 and 2012, with the number of women-owned businesses growing by 116%.
Fort Worth was also a champion, with 78% growth, followed by Atlanta (65%), Houston (62%), and Dallas (58%).
Dallas ranks first in revenues per women-owned businesses, with $198,599 in average sales. San Antonio was second, with $191,223 in average sales.
Large American cities have provided a rich mix of opportunities, with women starting businesses in a range of industries. It’s interesting to see how dramatic this success has been in recent years.
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