WOMEN OWNED BUSINESS STATISTICS
The Power Of North Carolina Women Business Owners
North Carolina is a national leader in female-led entrepreneurship. We’ve gathered the data to showcase the growth, resilience, and economic impact of women across our state.
In 2021, there were an estimated 12.5 million women-owned businesses in the US, generating nearly $1.8 trillion in revenue and employing over 9.4 million people. This results in an estimated $3.1 trillion economic impact.
Women start an average of 1,817 new businesses per day in the US, which is an increase of 58% compared to the number of new businesses started by women in 2019.
The number of women-owned businesses has grown by 58% since 2014, which is 1.5 times the national average.
Women-owned businesses make up 42% of all businesses in the US.
Women-owned businesses receive only 2% of venture capital funding, despite representing 42% of all businesses in the US.
For every dollar of funding, startups founded or co-founded by women generated 78 cents in revenue, while male-founded startups generated only 31 cents in revenue.
According to a report by the National Association of Women Business Owners (NAWBO),
women-owned businesses created more than 1.8 million jobs between 2007 and 2018.
Celebrating the Legacy Since 2018
The NC Women Business Owners Hall of Fame was launched to ensure that as these numbers grow, the stories of the women behind them are never forgotten.
