Citrix ShareFile has put together the Businesswomen Power City Index revealing four Florida cities making the top 10 list for best cities for female entrepreneurs. Tampa, Orlando, Miami and Jacksonville are the cities making the list.
Tampa has the 2nd highest combination of all factors, being number 4 for number of women executives (32.1%) and rank 9th for earnings when compared to men, with a wage gap of 13.1%. Tampa also has the 14th highest percentage of women-owned businesses (22.6%) and the 24th highest women’s buying power score.
To support the next generation of female business owners, secure file-sharing experts ShareFile have created the ShareFile Businesswomen Power Index, to discover the best cities in the US for women to start a business.
The ShareFile Businesswomen Power City Index ranked cities based on their suitability for women entrepreneurs, looking at the percentage of women-owned businesses, the number of executive roles held by women, the cost of living in each area, and the wage gap between men and women by location.
The top 10 best cities for women to start a business are:
1. Baltimore, MD
2. Tampa, FL
3. Washington, D.C.
4. Las Vegas, NV
5. Orlando, FL
6. Sacramento, CA
7. Minneapolis, MN
8. Hartford, CT
9. Miami, FL
10. Providence, RI
Catherine Harrell, vice president of marketing at ShareFile, commented on the findings: “We are excited to share the best cities in the U.S. for women entrepreneurs, and help future female business owners make an informed decision about where they should base their enterprise.
“Organizations like the award-winning National Association of Women Business Owners have done much across the country with helping to create strong and innovative change in business culture for women.
“There many challenges that women must face in business. A pay gap exists in every state across America, with women earning 82 cents for every dollar a man earns. This is an issue that must be addressed, and supporting new and existing women business owners is a method of doing this.
“Figures show that the number of women owning businesses is increasing year over year, with a quarter of all businesses represented in our top 10 cities owned by women. It is our hope that our index will give businesswomen a good idea of where they can expect to have the best chances of success.”
For the ShareFile’s Businesswomen Power City Index full list, including tables and graphics, visit the ShareFile blog: https://www.sharefile.com/blog/top-20-cities-for-businesswomen/