News and Insights | All posts tagged 'women-owned businesses'

Posts Tagged 'women-owned businesses'

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The Vital Role of Women-Owned Businesses in Local Economies

Female entrepreneurs are crucial to local economies, contributing significantly through job creation and innovative businesses. In the U.S., women-owned businesses account for 42% of all firms, employing 9.4 million people and generating $1.9 trillion in revenue annually, according to the American Express State of Women-Owned Businesses Report (2019).

TAGS: economic growth, local economies, Women Entrepreneurs, women-owned businesses, Latina-owned businesses, community development, sustainable practices

Arizona Shines as a National Leader in Women-Owned Businesses

Arizona has emerged as a national leader in women-owned businesses, boasting an impressive 43.1% share of total businesses, surpassing the national average of 42.1%, according to a report from AZ Big Media. This trend underscores the growing role of women in driving Arizona’s economy and highlights the state as a hotspot for female entrepreneurship.

TAGS: Women Entrepreneurs, women-owned businesses, Women-Owned Small Business, venture capitalists, Arizona Women's Business Center,

Empowering Diverse Executives and Closing the Gender Gap

The need for such programs becomes apparent when examining leadership trends. While the number of women in leadership roles has grown over time, there is still room for improvement. According to a 2023 Catalyst report, women hold 28% of senior management roles globally, and as of 2022, only 8.1% of Fortune 500 CEOs were women. The leadership gap can be attributed to a variety of factors, such as limited access to mentorship, fewer high-profile opportunities, and lingering societal biases.