Strength in Numbers U.S. women-owned businesses are growing 2.5X the national average of all firms.2
An impressive 1 in 11 adult women is an entrepreneur.1
2.5X
5
If U.S. women-owned businesses were their own country, they would have the 5th largest GDP in the world!3
$1,600,000,000,000 11.3 million U.S. women-owned businesses generate over $1.6 trillion in revenues and employ 9 million workers.4
WBDC has served over 18,000 clients, and assisted in the creation of nearly 1,800 businesses, sustainability and expansion of 3,500 established businesses, and support of more than 4,200 jobs, since inception.6
WBDC clients have generated
$155,000,000
in gross revenues over 3 years.5 WBDC clients have contributed $10.8 million in tax revenues to the state of Connecticut over 3 years.7
1 For every $1 invested in WBDC, a full 87¢ is reinvested in the community.8
Go4Funding. Some Facts About Women Entrepreneurs. Retrieved from http://www.go4funding.com/Articles/ Entrepreneur/Some-Facts-About-Women-Entrepreneurs.aspx. National Women’s Business Council (2016). The Growth and Development of Women-Owned Enterprises in the United States, 2002 – 2012. Retrieved from https://www.nwbc.gov/news/national-women%E2%80%99s-businesscouncil-report-shows-women-owned-businesses-thriving-growing. 3 Center for Women’s Business Research (2009). The Economic Impact of Women-Owned Businesses in the United States. Retrieved from https://www.nwbc.gov/research/economic-impact-women-owned-businesses-united-states.
www.ctwbdc.org
American Express OPEN (2016). The 2016 State of Women-Owned Businesses Report. Retrieved from http://about.americanexpress.com/news/docs/2016x/2016SWOB.pdf. Women’s Business Development Council. 2013 Year-End Report, 2014 Year-End Report, and 2015 Year-End Report. 6 Women’s Business Development Council. 7 Women’s Business Development Council. 8 Independent auditors for the Women’s Business Development Council.
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