Founders Flash: Female entrepreneurs making strides in startup ownership

The Flash took favorable note of recent U.S. Census Bureau data showing that, although the growth rate of new businesses overall has stalled, the share of women-owned small businesses has climbed. Indeed, the number of women-owned businesses grew at a 27% clip between 2007 and 2012 – during which time the total number of U.S. businesses grew by only 2%. This is very encouraging in light of the challenges the startup community has faced in boosting the number of companies founded by women entrepreneurs.

Which begs the question: What’s the best city for female entrepreneurs? Chicago just edges out Boston for that honor, according to the 2015 Global Startup Ecosystem Ranking. The report also cites another encouraging trend for female entrepreneurs, noting that the number of female founders for global startups has grown by 80% over the last three years.

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