WOMEN mean BUSINESS inBOSTON · coUrbanize • Smarterer • Smart Lunches • Rest Devices •...
Transcript of WOMEN mean BUSINESS inBOSTON · coUrbanize • Smarterer • Smart Lunches • Rest Devices •...
inBOSTONWOMEN mean BUSINESS
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Communications
Women-led businesses cropping up all over town.
AdvocacyAssociationCapitalEducationMedia
Boston Resources for Women in Business
Office of Women's
AdvancementOne City Hall Sq
Boston, MA 02201
617 635 3138
The Women's Network of the Greater Boston
Chamber265 Franklin St Floor 12
Boston, MA 02110
617 227 4500
Commonwealth Institute
186 Hampshire St Cambridge, MA 02139
617 547 4474
Boston Club
Boston, MA
781 639 8002
Center for Women & Enterprise
24 School St # 700 Boston, MA 02108
617 536 0700
The Startup Institute
179 Lincoln St Suite 405
Boston, MA 02111
888 425 5557
Dress for Success
989 Commonwealth Ave Boston, MA
02215
617 779 2177
Capital WDistrict Hall
75 Northern AveBoston, MA 02210
734 606 9744
LearnLaunch1 St. James Ave
Suite 920 (9th Floor) Boston, MA 02116
857 453 4434
Boston Seed Capital
1 Marina Park Dr. #315
Boston, MA
617 658 5649
Women's iLab
Boston, MA
406 Ventures
470 Atlantic Ave Boston, MA 02210
617 406 3289
Wonder Women of Boston
40 Berkeley St 2nd Floor
Boston, MA 02116
617 326 7866
Version 2.0Communications
500 Harrison AveSuite 401RBoston, MA
617 426 2222
Innovation Women
100 Tradecenter G-700
Woburn, MA 01801
781 281 8387
Ellevate (Boston Chapter)
Boston University - One Silber Way
Boston, MA 02215
781 281 8387
Babson's Women Innovating Now
(WIN) Lab75 Northern Ave.
Boston, MA 02210
781-239-5001
Nationwide, the share of women on boards and executive committees — 17 and 15 percent, respectively — hasn’t budged in years,
according to Catalyst Inc.
Corporate boardrooms in Massachusetts had more women than ever (13.8%).
Total % of organizations with women chief executives increased by 10.8% in 2013.
The majority (51%) of the Census companies in 2013 have no women executive officers.
29% of companies in the 2013 Census still have all male boards.
Source: Boston Club / Bentley University – The 2013 Census of Women Directors and Executive Officers of Massachusetts Public Companies
women-led businesses in the U.S.
7.8MILLION
Source: National Women's Business Council
in 51 Firms with revenue
of or more is woman-owned.
2000%GROWTH
1977 2002
$1 million
In 2009, 9.5% startups had at least one woman founder, but by 2014 that rate had almost doubled to 18%.
Venture-Backed Female-Founded Companies (2009-2014)
Source: US Census Bureau (2007)
WOMEN OWNED FIRMS
29.8%MASSACHUSETTS
29.7%BOSTON
Source: CrunchBase
Boston Ranks 7th
Source: CrunchBase
City
0% 5% 10% 15% 20% 25% 30% 35% 40% 45% 50%% of T otal C ompanies w/ F emale F ounder [Min. 15 F emale F ounded C ompanies per C ity]
Las Vegas Oakland
PittsburghPortland
New York CityMountain View
Santa Monica
BostonLos Angeles
MiamiBoulder
18% (21 C ompanies)
18% (15 C ompanies)
19% (67 C ompanies)
19% (63 C ompanies)
19% (31 C ompanies)
20% (66 C ompanies)
21% (374 C ompanies)
23% (29 C ompanies)
24% (23 C ompanies)
25% (15 C ompanies)
26% (15 C ompanies)
U .S . C ities with H ighest % of V enture-Backed F emale-F ounded C ompaniesC ompanies w/ F ounder D ata in C runchBase & F irst R ound 2009-2014
F oundersMale F emale
10MILLION
Women entrepreneurs are majority owners
of an estimated
36%BUSINESSES … that’s of all businesses in the United States
Source: US Small Business Administration (SBA/ 2014)
Companies with a record of promoting women are more profitable. Of the Fortune 500 companies, the top 25 companies for women demonstrated 69% higher profitability than the industry median (profit as a percentage of equity), according to Pepperdine Professor Ray Adler.
Start-ups with more female executives are more likely to succeed. Source: Dow Jones
Women are more likely than men to share their knowledge and financial gains with their family and communities, especially in developing countries/emerging markets. Investment in women’s entrepreneurship is an important way for countries to exponentially increase the impact of new venture creation.Source: Global Entrepreneurship Monitor Study
It takes at least three women in the boardroom to shift the culture of a company.Source: JoAnn Cavallaro, The Boston Club, Boston Globe article January 23, 2014
Companies with a woman CEO get just 3% of venture capital.Source: 2013 Boston Club Census / Bentley University
Female angel investors contact companies more often, leading to higher returns. Source: Women 2.0 and Kauffman Foundation
www.v2comms.com