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Women-Owned Businesses: Entering an Era of Diversity

 

Office space of a women-owned business.

 

Small business trends indicate that the world of entrepreneurship is becoming more and more diverse, and this is especially true for women-owned businesses!

Younger female entrepreneurs come from a wider variety of ethnic and racial backgrounds than their older counterparts. Data indicates that this diversity will continue to grow in coming years.

As more women-owned businesses enter the playing field, so do their owners’ unique cultural experiences, perspectives, and values. This intersectionality is invaluable to future innovation and growth in the business landscape.

Diversity in business is not just an opportunity for cliché photo ops. It represents a growing trend in women’s independence.

Emerging women entrepreneurs may have bridged the gender gap, but they have also overcome potential racial, religious, and language discrimination in their journeys to success.

Check out the National Women’s Business Council fact sheet below for more information. You can click the image to learn more about the NWBC.

Fact sheet from the National Women's Business Council showing that new women-owned businesses are becoming more and more diverse in race and ethnicity.

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