iFundWomen CrowdFunding; Why You Should Care
As of 2016, it is estimated that there are now 11.3 million (11,313,900) women-owned businesses in the United States, employing nearly 9 million people (8,976,100) and generating over $1.6 trillion ($1,622,763,800,000) in revenues.
Between 2007 and 2016, the number of women-owned firms increased by 45%, compared to just a 9% increase among all businesses. Therefore, over the past nine years, the number of women-owned firms has grown at a rate fully five times faster than the national average.
One of the most remarkable trends over the past decade has been the phenomenal growth in the number of firms owned by women of color. As of 2016, there are an estimated 1.9 million African American women-owned firms, employing 376,500 workers and generating $51.4 billion in revenues.
According to womenable.com, women are now the majority owners of 38% of the country’s businesses, up from 29% in 2007.
Despite these amazing gains, Women Entrepreneurs still only receive 2-6% of venture capital funding. Female entrepreneurs need to be scrappier and work harder than our male counterparts to get funded. We create companies with 50% less capital. We want to change that. We need your help.
iFundWomen is a whole new way of thinking about crowdfunding, because when one woman’s project gets funded, so does another, and so on, and so on. Why? FIND OUT WHY ON iFundWomen
August 12, 2019
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