Women-Owned Businesses Poised to Spark Growth

Tuesday, December 20, 2011 by Connie Program Director, The Circuit
Hamilton County Development Company (HCDC) News

According to the Small Business Administration (SBA), women-owned businesses increased its share of overall businesses by three percent in the ten year period that ended in 2007. Now with a share of 29 percent of all businesses, women-owned businesses continue to grow.

However, as women-owned businesses grow, it has become apparent that they are slow to grow new jobs.  According to a report from the Ewing Marion Kauffman Foundation, 88 percent of women-owned firms were non-employer firms.  The report, “Overcoming the Gender Gap:  Women Entrepreneurs as Economic Drivers,” finds that given the right support, women-owned businesses have the opportunity to drive economic growth.

Carmen Krupar is the founder of Cybervise Limited, a webmaster services firm that operates at the Hamilton County Business Center (HCBC).  Cybervise helps businesses with the constant upkeep, maintenance, and execution needed to manage a competitive web site.  Krupar started Cybervise after she saw an opportunity for business growth her then employer wasn’t interested in pursuing.”

Read entire HCDC article

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