Based on six ranking factors, here are the most promising cities for women entrepreneurs
From 2014 to 2019, the number of women-owned businesses rose by 21% to a total of about 13 million. In these businesses, employment climbed by 8% to 9.4 million, while revenue soared by 21% to $1.9 trillion. In terms of all three metrics, the growth rates for women-owned businesses outpaced the progress of that for all businesses. Despite that, “the potential of women entrepreneurs for spurring economic growth has not been fully realized,” according to the 2019 State of Women-Owned Businesses Report commissioned by American Express.