Women’s Entrepreneurship Day

November 21, 2019

Tropical Foods is proud to be part of the global network of women-owned businesses. Tropical is certified in the Women’s Business Enterprise National Council (WBENC) and the Women-Owned Small Business Program (WOSB) with the majority ownership of Carolyn Bennett and Angela Bauer.

Some fun facts about women-owned businesses:

  • It’s estimated that there are now 11.3 million women-owned businesses in the United States, employing nearly 9 million people and generating over $1.6 trillion in revenues.
  • Women-owned businesses employ 40% more people than the three largest employers — McDonald’s, Kroger and Wal-Mart — combined.
  • Between 2007 and 2016, the number of women-owned firms increased by 45%, compared to just a 9% increase among all businesses.
  • Since the recession, the greatest growth in the number of women-owned firms has been seen in the South. Eight of the top 10 fastest growing states and metro areas for women-owned firms are found in that region.
  • The 10 states home to the greatest number of women-owned firms are: California, Texas, Florida, New York, Georgia, Illinois, Michigan, Ohio, North Carolina, and Pennsylvania.
  • The top 10 metropolitan areas for women-owned companies, ranked on growth in economic clout between 2007 and 2016, are:
    • Charlotte NC
    • San Antonio TX
    • Dallas TX and Memphis, TN (tied for 3rd),
    • Austin TX and Indianapolis IN (tied for 5th)
    • Miami FL
    • Detroit MI
    • Richmond VA
    • Houston TX
  • Tropical Foods is the 5th largest Charlotte-area women-owned company.

Tags: female entrepreneurship, International Women's Day, women-owned business, women-owned products

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