Last week, financial website NerdWallet revealed the top 10 cities for women entrepreneurs, and Minneapolis landed at spot number four.
How did they come to this conclustion?
They looked at indicators such as, education levels and unemployment rates, how "business friendly" a city is in general, how many businesses are owned by women, and what the average paycheck is for full-time female workers.
Did you know that nearly a third of the businesses in Minneapolis are owned by women? That's impressive, and probably has much to do with the networking resources and events in the city that are specifically for women, such as WomenVenture and Women Entrepreneurs of Minnesota.
What's more, Minneapolis has the lowest unemployment rate of the top 10 cities. Not a bad stat.
So what are the other cities on the list?
1. Washington, DC
2. San Francisco
5. Portland, OR
8. Austin, TX
9. San Jose, CA
To see the study in its entirety, please click here.
Tags: Minnesota Business climate, top cities women entrepreneurs, women entrepreneurs, women business owners