WASHINGTON, March 1, 2023 /PRNewswire/ — Women-owned businesses in the United States exceed 12 million and generate 2.100 billion dollars in revenue each year, with female founders making up 22.4% of all small business owners, according to SCORE, a mentor to America’s small businesses and a resource partner for the U.S. Small Business Administration. This Women’s History Month, SCORE celebrates women entrepreneurs and their indelible impact on the American economy.
“Throughout history, women have overcome obstacles on the path to business success through their courage, innovation and tenacity to achieve their dreams. SCORE is proud to be the partner of any woman looking to start or grow a business,” said the CEO. Brigitte Weston. SCORE provides free mentoring, support and resources to entrepreneurs across the country.
Wednesday. March 15, SCORE will host a free online event celebrating Women’s History Month and women-owned small businesses. For the first time in history, the leaders of SCORE and the SCORE Foundation, as well as the chairs of both boards of directors, are women. CEO of SCORE Brigitte WestonPresident of the SCORE Foundation Liz Saraand board chairs Tracy Shaw and Patricia Loftuswill talk about leadership, the power of women in business and the many resources available to women entrepreneurs on the path to success. Click here to register or learn more.
When it comes to starting a business, a SCORE meta-analysis indicated that the top challenges reported by female founders include:
- 47% – Lack of funds
- 38% – Work/life balance
- 35% – Marketing
- 32% – Difficulty growing up
- 29% – Networking
To address these challenges, SCORE offers tools created specifically for women entrepreneurs, as well as free and confidential business advice. SCORE’s volunteer network of expert business mentors – many of whom are women small business owners or business leaders themselves – provide support to help entrepreneurs achieve their goals in all 50 states and territories. United.
“Being an entrepreneur can be lonely, stressful and sometimes you can feel lost,” said a SCORE client. Kelly Twichelinventor, CEO and co-founder of Access Trax in San Diego, California. “SCORE really prepared me for what was to come, helped me avoid a lot of mistakes, and made me feel more confident as a small business owner.”
Visit SCORE for women entrepreneurs to learn more.
Since its launch nearly 60 years ago, SCORE has helped more than 11 million entrepreneurs start or grow their businesses. SCORE’s 10,000 volunteers provide free mentoring, workshops and educational services nationwide. Visit SCORE on www.score.org. Follow @SCOREMentors on Facebook, Twitter And LinkedIn.
Funded (in part) through a cooperative agreement with the U.S. Small Business Administration.