BREAKING THROUGH

BREAKING THROUGH

nycfuture.org @nycfuture

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Harnessing the Economic Potential of Women Entrepreneurs Growth in NYC Businesses, 2007-2012

414,000 # of women-owned businesses in NYC, more than double the nearest competitor, Los Angeles, which has 192,358

36%

Share of NYC Private Businesses Owned by Women

40%

2012

33%

2007

8%

Male-owned Businesses

Women-owned Businesses

32%

2002

Growth of NYC’s Women-Owned Firms in Major Industry Sectors, 2007-2012

50%

Transportation & Warehousing

45%

45%

38%

Educational Accommodation Professional, Services & Food Services Scientific &Technical Services

34% Construction

26%

26%

Retail

Health

16.9% 12.1%

Arts, Manufacturing Entertainment & Recreation

VC Funding For Female-Founded Companies in NYC, 3Q 2015 VC Funding to Companies without a Female Founder

14.8%

VC Funding to Companies with a Female Founder

$122M

Boston

San Francisco

21%

20%

20%

Information

Wholesale Trade

Real Estate

Among the 25 most populous cities, NYC ranks: the growth of 19th inwomen-owned firms average sales per 18th inwomen-owned business

$1.29B

90.9% NYC

23%

Room for Growth

Leading the Way

Share of VC Deals to Firms with a Female Founder, 3Q 2015

23%

of NYC’s women-owned businesses have no paid employees

average number 7th inof the people they employ

94,000 # of jobs that would be created if just 1 of 4 existing women-owned businesses with no employees added a single employee in the next three years