Women in charge (over half of Colorado businesses owned by women)

Women in charge
Funds help females take lead in privately owned ventures

By Diane Freeman, Special To The News
June 1, 2004

More than half of all privately held businesses in Colorado are now owned by women.

And, according to a recent study by the Center for Women's Business Research, women own at least a 50 percent or more stake in nearly half of all private businesses in the U.S. - up 19 percent in the past two years.

What's driving the growth? Some metro-area entrepreneurs say funding for their businesses has become more available, leading to more female- owned businesses - and opening the door for others.

"Now there are more opportunities for women. There's more money from banks available to women," said Julie Boston, president of CG Press in Broomfield. "Banks want to grow businesses with women. Women are good risks and they listen to their employees."


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This figure sounds impressive but it may reflect a lot of single proprietorships doing things like "consulting". How does the gender ratio change as you move from 1-person businesses, to those with 3-5 employees, to those with say, 25+ employees?

And how is the gender ratio broken out by sales?