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Challenges Women Entrepreneurs Face (Wiki Page) (view source)
Revision as of 15:35, 8 June 2016
, 15:35, 8 June 2016no edit summary
*Women account for only 16 percent of conventional small business loans and 17 percent SBA loans, even though they represent 30 percent of small firms.
*Of conventional small business loans, women only account for 4.4 percent of total dollar value of loans from all sources. In other words, just $1 of every $23 in conventional small business loans goes to a woman-owned business.
(Resource: [http://www.microbiz.org/wp-content/uploads/2014/07/21st-Century-Barriers-to-Womens-Entrepreneurship.pdf|21st Century Barriers to Women’s Entrepreneurship]published by the 2014 Senate Small Business and Entrepreneurship Committee.
*On average, men start their businesses with nearly twice as much capital as women ($135,000 vs. $75,000). This disparity is slightly larger among firms with high-growth potential ($320,000 vs. $150,000), and much larger in the Top 25 firms ($1.3 million vs. $210,000).(“Top 25”: the largest 25 firms for each gender, as measured by employment.)
(Resource:[https://www.nwbc.gov/sites/default/files/Access%20to%20Capital%20by%20High%20Growth%20Women-Owned%20Businesses%20(Robb)%20-%20Final%20Draft.pdf|Access to Capital by High-Growth Women-Owned Businesses]published by National Women’s Business Council in 2013.
