Is CT Supportive of Female Entrepreneurs? Research Reveals Truth

Connecticut has not had a lot of success in recent business studies. The Nutmeg State has way too many taxes and regulations to give small business owners a fair shake when compared to the rest of the nation.

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However, there appears to be some great news for female entrepreneurs that Connecticut can be proud of. Wix.com recently conducted a study to find the best states for female entrepreneurs in America and Connecticut landed in the Top 10.

10 Best States for Female Entrepreneurs:

10. Delaware

9. Maine

8. Colorado

7. Connecticut

6. Oregon

5. New Mexico

4. Maryland

3. Rhode Island

2. Massachusetts

1. Vermont

What about our neighbors in New York? They landed at #16 on the list.

Connecticut by the Numbers adds:

Connecticut ranks as the seventh best state for female entrepreneurs, scoring a 8.34 on a scale of 10. The state boasts a notable business survival rate of 63.49% and healthy ratios of women to men in financial manager positions (1.28) and management roles (0.78). Wix.com analyzed female-to-male ratios across management occupations, top executives, and financial managers as well as business survival rates and more, to assess which states offer the most opportunities for aspiring female entrepreneurs.

Ohio ranked as the worst state for female business owners.

How did Wix reach these results? They examined a variety of key metrics that include:

Female-to-male ratio in management occupations
Female-to-male ratio in top executive roles
Female-to-male ratio in financial manager positions
Total number of companies founded since March 2014
Business survival rates

Want more local news? If so, check out the Ethan, Lou & Large Dave Podcast. The show is available wherever you get your podcasts, including Apple and Spotify. The program is the same one we do on the radio but with limited commercials and no music. You can also listen live by streaming the show on the I-95 Rock Mobile app, or tune into I-95 (95.1FM).

Check Wix.com for more information

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