A recent report indicates that women-owned startups constituted 49% of new businesses in 2024, a jump from 29% in 2019, with women of color, particularly Black and AAPI women, driving this growth. Nich Tremper of Gusto noted a transformation in entrepreneurship from necessity to opportunity, with women seeking business for autonomy rather than survival. However, barriers persist, particularly regarding equity financing, with women being 75% less likely than men to secure funding, resulting in reliance on personal networks and debt for business startups.
Women-owned startups made up 49% of all new businesses in 2024, a significant increase from 29% in 2019, indicating a strong entrepreneurial shift.
Despite the progress, women still face substantial barriers in accessing equity financing, being 75% less likely than men to receive such funding for their startups.
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