Women entrepreneurs drive economic growth and sustainability. Women-owned businesses are more likely to focus on innovation and environmental sustainability than businesses owned by men.

Women entrepreneurs still earn less. About 37.1% of women entrepreneurs earn less than $50,000 annually, compared to 31.7% of male entrepreneurs.

In summary, female entrepreneurship is essential because it promotes diversity, drives economic growth, inspires future generations, and contributes to social change—making it a vital part of building a balanced and equitable business landscape.

Most female business owners have a college education. Additionally, 71% of recent women business owners are from diverse, non-Caucasian backgrounds. The most common reason cited by women for starting a business is the desire to follow their passions.

Female-owned businesses in the United States have generated more than $1.7 trillion in profits. Despite funding disadvantages, women-owned businesses consistently produce higher revenues than their male counterparts and deliver a greater average return on investment.