3rd in a series of briefs on Women & Wealth
Women-Owned Businesses in the U.S.:
- Generate more than $1.7 trillion in annual sales revenue
- Employ close to 9 million people
- Make up 11.6 million businesses and generate more than $1.7 trillion in annual sales revenue
Despite the impressive growth of women-owned firms, a dramatic wealth gap persists when comparing the wealth built by male vs. female-owned firms. How is this possible?
This phenomenon is the focus of Unlocking Assets: Building Women’s Wealth Through Business Ownership. This brief, developed in partnership with the Samuel DuBois Cook Center on Social Equity at Duke University, Asset Funders Network (AFN) and in collaboration with Closing the Women’s Wealth Gap Initiative (CWWG) outlines the barriers faced by women business owners and is the third in a series of briefs exploring how the gender wealth gap impacts women, particularly low-income women and women of color, throughout their life cycle, and provides responsive strategies and best practices that funders can employ to create greater economic security for women.
Join us for a live webinar, July 18 at 10am PT/1pm ET as we delve into the complex landscape of women-led companies and explore the systemic barriers and systems impeding their ability to build wealth through business ownership. Participants will hear directly from the experts and have the opportunity to ask questions on the strategies grantmakers, policy advocates, and practitioners can support to enable women to build sustained wealth through business ownership.
- William “Sandy” Darity Jr. Samuel DuBois Cook Center on Social Equity, Duke University
- Heather McCulloch, Closing the Women’s Wealth Gap Initiative
- Lauren Blitzer, Texas Women’s Foundation