April 20, 2018 | Purdue University Global
It's an exciting time for women in business. The seventh annual 2017 State of Women-Owned Businesses Report by American Express found:
- Women's entrepreneurship has steadily risen for the past two decades, with 11.6 million women-owned businesses in the United States generating more than $1.7 trillion in revenue.
- Women-owned business growth is outpacing overall national growth, at 114% compared to 44% for all businesses.
- The industries with the largest women-owned growth numbers between 2016 and 2017 include construction, arts and entertainment, accommodation and food, utilities, and other services.
Across diverse industries, women are making a more significant mark on business and the economy than ever before. If you want to be the next woman leader in business or start your own company, bookmark these resources for women in business.
Financial Aid and Scholarships for Women Studying Business
Many scholarship options are available to women who are interested in studying business. Start with the federal financial aid programs, and then investigate the dozens of scholarships out there. A few to look into include:
Funding and Grants for Women in Business
Whether you have an amazing business idea and are ready to get to work, or you need funding for your current business, grants and funding options abound.
Professional Associations for Women in Business
Want to network with other women in business? Looking for educational events? Consider joining a professional association to gain valuable new relationships and increase your knowledge.
- American Association of University Women: This organization promotes equity and education for women and girls.
- American Business Women's Association: This organization connects women in business and provides leadership, education, networking, and recognition opportunities.
- Association of Women's Business Centers: This national nonprofit organization supports and sustains a network of more than 100 Women's Business Centers throughout the country.
- Astia: Astia is a capital and growth funding organization focused on women-led ventures.
- Ellevate Network: Ellevate Network provides networking, educational, and investment opportunities throughout the country.
- eWomenNetwork: With chapters throughout the country, eWomenNetwork provides resources, events, education, coaching, marketing, and other resources.
- National Association of Women Business Owners: This organization has a mission of creating positive change for women in business through strategic partnerships and public policy change.
- Women's Business Enterprise National Council: This council offers certification for women-owned businesses in the United States and programming, resources, and recognition for women in business
- Women Presidents' Organization: This nonprofit organization is dedicated to women presidents, CEOs, and managing directors of multimillion-dollar, privately held companies.
Business Programs for Women
From mentorship to consulting, training to formulating a business plan, numerous business programs and training centers around the country offer help. Many are free.
Policy Organizations for Women in Business
Stay up-to-date on the latest issues affecting women in business policy in national and local governments. Get in touch with these organizations to work toward positive change.
- National Women's Business Council: Women in business can read the latest news and updates from this nonpartisan, federal advisory council. Followers can stay in touch and submit feedback through social media.
- United States Department of Labor Women's Bureau: This national organization has regional offices throughout the country and is focused on promoting standards and policies to promote the welfare of working women.
- Women Impacting Public Policy: This national nonpartisan organization advocates on behalf of women entrepreneurs through federal legislation.
Earn a Business Degree Online
The School of Business and Information Technology at Purdue University Global offers exemplary education for current and future business leaders. The online business and IT programs give working adults the freedom and flexibility to learn on their own time, wherever they are. If you’re interested in studying business, learn more about Purdue Global’s online programs.