Funding Opportunities for Women-Owned Start-Ups
Women-owned businesses are on the rise: According to 2022 census data, their average earnings increased by 27% from 2021, they employ 10.9 million Americans, and they had an estimated $432.1 billion in annual payroll. But despite these impressive numbers, women-owned businesses still lag behind their non-women-owned counterparts in an important area. While women-owned businesses were more likely to take funding compared to men in 2022, they got less money. In 2022, male-owned businesses received 41% more in funding than women-owned enterprises. Since a lack of funding can prevent a start-up from getting off the ground, these facts put women-owned start-ups Read More …