UWLP Blog - Entrepreneurship
How does Utah fare in comparison to the rest of the nation? Utah is home to 287,803 small businesses that have 572,888 employees—46.2% of Utah’s workforce. In 2016, Utah was ranked 8th for women-owned businesses, 11th in growth by number of firms, 4th in growth by revenue, and 30th in growth by employment.
In September of 2018, the Utah Women and Leadership Project along with the YWCA of Utah brought a group of experts together to identify current resources/strengths, challenges, and potential interventions that would help Utah women become entrepreneurs and business owners. What follows are their recommendations organized by category.
What makes being a woman business owner different? Utah women are unique in both how effective they are at starting and operating businesses, but also the reasons behind why and what they sell. What is truly amazing is how women in Utah are starting businesses 5 times faster than the national average.