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5 truths about Women Owned Businesses

According to a fact check produced by the Small Business Administration (SBA):

  • 37% of all businesses in the U.S. were owned by women in 2017.

  • 12 million women-owned businesses generated over $2.7T in revenues in 2017.

  • 1.1 million women-owned businesses employed 10.1 million workers in 2017.

  • Women-owned small businesses were awarded 5.62% of federal subcontracts in fiscal year 2020 totaling $14.3B

  • SBA's network of over 140 Women's Business Centers helped over 88,000 businesses in fiscal year 2021

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