Five US cities for women entrepreneurs

Features
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Published on 2018-12-10 at 12:40 by Veedushi
Entrepreneurship isn't just a man's thing in the USA. In the past few years, many US cities have seen women entrepreneurs thriving for various reasons, so if you're planning to move to the USA, why don't you try your luck? Below is an insight into some of the best cities for women entrepreneurs to get you started.

San Francisco

San Francisco
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There are many benefits to launching your startup in San Francisco, from the ease of finding, hiring and retaining the best talents to access to target markets and potential investors. The Silicon Valley is without any doubt the favourite destination for entrepreneurs in the USA, including women. San Francisco stands out for high-income startups. On average, self-employed women can earn around US$ 31,880 per month. It's also worth noting that San Francisco has the most significant number of women entrepreneurs in the USA. Today, more than 10% of the female workforce are self-employed while 32.1% of companies have been incorporated by women. SOMA and Palo Alto districts have a booming startup ecosystem that is full of opportunities. Home to a large tech community, San Francisco regularly hosts professional networking events and meetups.

Los Angeles

Los Angeles
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Los Angeles isn't only about celebrities and sunny beaches. What makes it a top destination for women entrepreneurs is its thriving startup ecosystem alongside medium and large companies. Like San Francisco, Los Angeles also provides the talented workforce you need to get started. Moreover, this city lays significant emphasis on innovation as evidenced by the expansion of local businesses. Today, nearly 11% of the female workforce is self-employed. Moreover, female founders account for 37.9% of start-ups set up in Los Angeles with 30.7% of them being incorporated. By choosing this city to expand your business, you are likely to generate at least US $ 20,945 per month on average. Besides, Los Angeles has not only a talented workforce but also a vast market in which you can sell your products and services.

San Diego

San Diego
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San Diego also has a lot to give to women entrepreneurs looking to expand their business in the USA. Besides the presence of a large expatriate community, its beautiful beaches, sunshine all year round, the laid-back lifestyle and the low cost of living compared to other big US cities, San Diego has a booming startup ecosystem with many coworking spaces. Also, events like conferences and weekends are held all the time. The annual Startup week taking place in June is a unique opportunity to showcase your talents and your products and services, and to meet potential investors and mentors who have made their name internationally. It's worth noting that in San Diego one in ten women is self-employed. Also, 39.3% of businesses are owned by women. If you're not yet convinced, did you know that self-employed women in San Diego can earn $ 20,949 per month on average?

Seattle

Seattle
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Beautiful landscapes and cityscapes, a warm and welcoming population, a pleasant atmosphere, and an affordable cost of living compared to other big cities like New York, San Francisco and Los Angeles are some of the plus sides of moving to Seattle, but there's more to it. As a woman entrepreneur, you can benefit from its dynamism when it comes to new businesses, forward-thinking incubators and accelerators, as well as a highly skilled workforce even though the startup ecosystem is very competitive. Seattle can, therefore, be defined as a city of opportunities for women entrepreneurs. Today, 42.1% of businesses in Seattle are led by women, and one-third of them have been incorporated. In general, self-employed women can earn up to US$ 22,713 per month in Seattle – which is pretty impressive! Also, TechStars is a successful mentoring program from where you can start if you still have doubts.

Austin

Austin
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What is so special about Austin that makes it a great place to launch a startup in? Unparalleled quality of life, low cost of living compared to other big US cities, a pleasant atmosphere all year round could be some of the reasons, but that's not all. Thanks to its dynamic local entrepreneurial spirit, tech, gaming and multimedia startups are thriving in this city. Startups in Texas are also entitled to a special fund dedicated to emerging technologies. Austin can also boast of a highly skilled workforce coming from the University of Texas as well as the large companies operating there. The city also stands out regarding startup income. Self-employed women earn some US$ 25,345 per month on average. For instance, half of the women entrepreneurs earn almost half of the total income earned by the female workforce. Today, nearly 10% of women in Austin are self-employed. Also, women run 30.1% of the total number of incorporated startups.