• Skip to primary navigation
  • Skip to main content
  • Skip to footer
Leave us a Review on
Facebook Linkedin Twitter
  • (216) 592-2332
Inquire Now!
Small business loan resources in ohio
  • About Us
  • Programs
    • SBA 504 Loan Program
    • Community Advantage
  • Community
    • Events
    • Event Photo Gallery
  • Small Business Resources
  • Contact Us
  • Blog
Menu
  • About Us
  • Programs
    • SBA 504 Loan Program
    • Community Advantage
  • Community
    • Events
    • Event Photo Gallery
  • Small Business Resources
  • Contact Us
  • Blog
Search
Close this search box.

Report shows ‘economic force’ of women business owners

A new report emphasized the economic power of women who own businesses. This demographic can wield large financial influence.

You are here: Home / Banking News / Report shows ‘economic force’ of women business owners

April 14, 2017 by boardmember1 20 Comments

Women-owned businesses can have a positive effect on both a local and national level. By securing grants for their own ventures, women can also help enrich the economy as a whole as a powerful set of buyers.

One of the Small Business Administration’s Women’s Entrepreneurship Partner Groups, Women Impacting Public Policy, released a report in March about the “way forward” to support women-owned businesses. Although the main thrust of this blueprint was what stances should be taken in the future, there were also important statistics about the current role these enterprises play.

Using Census Bureau data from 2015, the source said that 36.3 percent of the businesses in the U.S. that weren’t farms were owned by women, accounting for more than 9.8 million enterprises in total, and that the vast majority of these were self-employed. Because of this, women who own businesses represent a significant economic force, especially as they grow into a position to bring in more workers and solicit more transactions with consumers around the world.

“Women who own businesses represent a significant economic force.”

In a March 22 press statement on this report, the president of WIPP, Jane Campbell, emphasized the power and needs of women who own businesses and also called upon Congress to help.

“Women business owners are an economic force. They’re growing at nearly four times the rate of men-owned businesses, they generate $1.6 trillion in receipts and they make up 36 percent of all non-farm businesses in this country,” said Campbell. “Yet too often their specific policy needs fall by the wayside.”

She went on to call that state of affairs “unacceptable.”

If women who own businesses in Ohio want to make a direct impact on their community, they can consider the Ohio 166 Regional Loan Program. This initiative requires employers to create jobs as they borrow and can grant a loan as high as $500,000. Contact us to learn more.

Banking News female business owner,  female entrepreneur,  small business adminstration,  women business owners,  women in business

Reader Interactions

Comments

  1. Rnnlrj says

    September 9, 2023 at 4:18 am

    purchase enalapril for sale buy generic casodex online buy generic duphalac online

  2. Uprpnx says

    September 11, 2023 at 11:11 am

    buy latanoprost online cheap order xalatan sale exelon drug

  3. Udntmq says

    September 12, 2023 at 3:19 am

    betahistine 16 mg drug haloperidol 10mg uk benemid 500 mg ca

  4. Fqbyho says

    September 14, 2023 at 4:45 am

    buy premarin 0.625mg for sale buy dostinex 0.5mg buy sildenafil 50mg

  5. Fqczxv says

    September 14, 2023 at 6:44 am

    buy prilosec 20mg for sale buy metoprolol 50mg pill buy lopressor 100mg pill

  6. Jzkgsg says

    September 15, 2023 at 9:40 pm

    telmisartan 80mg without prescription molnupiravir 200 mg pills molnunat 200 mg tablet

  7. Meuxre says

    September 16, 2023 at 7:29 pm

    tadalafil cheap buy tadalafil 5mg sale sildenafil citrate

  8. Qklmpu says

    September 20, 2023 at 9:25 am

    provigil 100mg without prescription prednisone 5mg generic buy generic prednisone 10mg

  9. Jqdsoc says

    September 20, 2023 at 11:46 am

    buy cefdinir paypal order cefdinir prevacid 15mg tablet

  10. Vmlznz says

    September 23, 2023 at 1:12 am

    purchase isotretinoin pills brand accutane 10mg zithromax 250mg over the counter

  11. Voeemx says

    September 24, 2023 at 8:10 pm

    order lipitor generic buy proventil 100mcg amlodipine over the counter

  12. Nmnnbx says

    September 25, 2023 at 5:50 am

    order azipro 500mg without prescription order azithromycin 250mg gabapentin over the counter

  13. Umjjki says

    September 27, 2023 at 9:00 am

    poker online sites online casinos for usa players furosemide 100mg usa

  14. Wdfnmr says

    September 28, 2023 at 1:58 am

    purchase pantoprazole online cheap order generic pyridium 200mg pyridium 200 mg for sale

  15. Clscld says

    September 29, 2023 at 4:47 am

    casino world free games poker online purchase albuterol for sale

  16. Pvalxd says

    September 30, 2023 at 7:45 pm

    slot machine games world tavern poker online ivermectin oral solution

  17. Yzpkeq says

    October 1, 2023 at 4:53 am

    symmetrel 100mg price avlosulfon 100 mg without prescription purchase dapsone generic

  18. Ntxacx says

    October 2, 2023 at 11:32 am

    play roulette free for fun synthroid online cheap generic levoxyl

  19. Bjjfgr says

    October 4, 2023 at 3:39 am

    order clomiphene pills oral imdur azathioprine price

  20. Wcqdkq says

    October 4, 2023 at 3:53 am

    methylprednisolone 16 mg without a doctor prescription triamcinolone price buy aristocort 10mg generic

Leave a Reply

Your email address will not be published. Required fields are marked *

Social

Follow along on social media.
Leave us a review on

Contact

IMG Center
1360 East Ninth Street, Suite 950
Cleveland, Ohio 44114

  • Get Directions
  • (216) 592-2332
  • Contact

Navigation

  • Have A Loan?
  • Small Business Loan Programs
  • Loan Calculator
  • Community
  • Small Business Resources
  • Annual & Loan Activity Reports
  • Blog
  • Our History
  • Events
  • Contact Us
  • Have A Loan?
  • Small Business Loan Programs
  • Loan Calculator
  • Community
  • Small Business Resources
  • Annual & Loan Activity Reports
  • Blog
  • Our History
  • Events
  • Contact Us

Newsletter

Stay up to date by subscribing to our newsletter.
Click here to sign up

© Copyright 2023 Growth Capital Corp · All Rights Reserved · Website designed by Jennasis & Associates