Much has changed since 1994 when the U.S. government implemented an initiative to spend at least 5 percent of its contracting dollars on women-owned businesses. Today, women-owned businesses in the U.S. account for approximately 9.4 million companies and generate more than $1.5 trillion in revenue nationwide. Although it has taken more than two decades to reach its goal, the U.S. Small Business Administration (SBA) has announced that small businesses that are majority owned by women earned $17...
Women-Owned Businesses Grow, Yet Gender Gap in Small Business Finance Remains
Forbes - 5 Mar 2016 17:34
Much has changed since 1994 when the U.S. government implemented an initiative to spend at least 5 percent of its contracting dollars on women-owned businesses. Today, women-owned businesses in the U.S. account for approximately 9.4 million companies and generate more than $1.5 trillion in revenue nationwide. Although it has taken more than two decades to reach its goal, the U.S. Small Business Administration (SBA) has announced that small businesses that are majority owned by women earned $17...
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