Women entrepreneurs on the rise, mentoring and networking are keys to success

Posted under: SMB
Date: 2024-03-07
Women entrepreneurs on the rise, mentoring and networking are keys to success

Woman-owned businesses in the U.S. increased 21% over the past five years, fueling interest by female founders in small business training, networking, and mentoring opportunities that support their success, according to SCORE, a resource partner of the U.S. Small Business Administration. This growth is reflected in the increasing number of women seeking guidance for their business ventures; 64% of SCORE clients are women, up from 60% two years prior. Local events for women small business owners are flourishing, providing opportunities for connection and resources. A recent SCORE Bucks County (Pa.) conference, ""Women Building Businesses,"" drew more than 200 attendees and featured speakers specializing in everything from social media consulting to employment law. Since its founding in 1964 as a resource partner for the U.S. Small Business Administration, SCORE has helped more than 11 million current and aspiring entrepreneurs.

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