Vermont Ranks 49th In List Of Best States For Women Entrepreneurs


Submitted 10 months ago
Created by
norwichobserver

New Hampshire and Massachusetts In Bottom Ten

Vermont ranked 49th out of 50 states as receptive to women entrepreneurs. Thank goodness for Nebraska, which ranked last.  New Hampshire was 47th with Massachusetts at number 46.

In Vermont, the percentage of women-owned businesses was 30.88%. Georgia was tops at over 40% with New Hampshire at 29.27%

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The report, Best States for Women Entrepreneurs – Definitive Ranking of All 50 States by FitSmallBusiness released earlier this month weighted six factors, with the highest weight given to Percentage of Women-Owned Businesses and Percentage of State Business Revenues from Women-Owned Firms. The report states that over "the last nine years, the number of female-owned businesses has grown five times faster than the national average. Regardless of these impressive achievements, women entrepreneurs still face unique challenges in today’s business environment. Setting up shop in locations which are most receptive to female entrepreneurs can help." 

Overall, Georgia topped the list, followed by Florida, Maryland, California, and Colorado.

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