Q: Where are the Women? A: Nevada and L.A.
The number of women-owned businesses grew by 20% between 1997 and 2002 according to a a press release issued by the Census Bureau today. The report also found that there were 117,069 women-owned companies (as of 2002) that exceeded $1 million in revenue. And there were a million women-owned businesses in health and social services, the single biggest industry category. The states that recorded the biggest increase in women entrepreneurship were Nevada, Georgia, Florida and New York; Los Angeles, Chicago, and Miami led the way among cities.
Mike Hofman was previously editor of Inc.com and a deputy editor at Inc. magazine, which he joined in 1996. The site was nominated for a National Magazine Award for Digital Media in 2010, and was named the best business website by Folio Magazine. In 2006, Hofman was part of a team of writers nominated for a Webby Award for best business blog. He lives in New York City. @mikehofman
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