A growing number of female entrepreneurs are choosing to seize business opportunities in cities throughout the United States. More than 8.6 million businesses are now owned by women. Many cities have launched initiatives that have attempted to attract female entrepreneurs by providing free services to help them grow. Five of the most attractive cities for female entrepreneurs are detailed below.
1. New York
New York is the largest municipality in the in the United States and has more female entrepreneurs that any state in the country. New York City is one of the most important entrepreneurial hubs because there are millions of businesses in the area, and over 670,000 of them are owned by women. The city is dedicated to attracting female entrepreneurs and has many programs tailored to their individual needs. For example, the city launched an initiative called Woman Entrepreneurs NYC that seeks to attract 5000 female entrepreneurs by offering free business services, mentorships, and loan negotiation workshops. Females who choose to do business in New York City can look forward to the excitement of urban life and a community that encourages their success.
Washington is famous for being the capital of the Western world. The city has expanded its focus in recent years to attracting female entrepreneurs. The city aims to have more than half of its new entrepreneurial ventures founded by women by 2020. The Women’s Business Center in Washington provides free services for female entrepreneurs to help them find funding and meet their first clients. Female entrepreneurs searching for a place to launch their business should consider Washington for its vibrant business community that will grow in the years ahead.
3. San Francisco
San Francisco has become one of the most important business hubs in the United States for startup businesses. San Francisco was home to many of the world’s most successful entrepreneurial ventures in their infancy. Some businesses, such as Dropbox and Airbnb, have chosen to stay in the city after becoming successful to take advantage of the rich talent available in the area. There are thousands of business incubators in San Francisco that can be leveraged to raise capital and acquire the resources needed to realize success. The city is also home to a beautiful community with plenty of local attractions for entrepreneurs and their employees to enjoy in their spare time. The vast range of advantages that San Francisco has make it an attractive city for most female entrepreneurs.
Seattle is home to Bill Gates, the world’s most successful entrepreneur. However, most people do not realize that Seattle is also home to thousands of successful female entrepreneurs. Most female entrepreneurs in Seattle have businesses that include consulting firms, design studios, and innovative ventures. Seattle is also an excellent choice because the number of female entrepreneurs in the city is growing at a rapid pace. Women who choose to launch their businesses in Seattle can enjoy a growing business community that will be increasingly tailored to their needs.
Minneapolis could become the next Silicon Valley in the years ahead. The city already enjoys the lowest unemployment rate in the United States and more startups per capita than any other city. Women own more than 35 percent of the businesses in Minneapolis. The city also hosts groups dedicated to women, such as Women Entrepreneurs of Minnesota and a nonprofit group called Women Venture. Minneapolis is a small town compared to New York City and Los Angeles, but the number of entrepreneurial ventures in the area will drive significant growth in the years ahead. Women who start their business in Minneapolis could enjoy first mover advantage in a community that is likely to be home to some of the world’s most important businesses in the coming years.