Currently, there are an impressive 12.3 million women-owned businesses contributing a remarkable $1.8 trillion to the economy each year. This represents a vital segment of the business ecosystem, as women-owned enterprises account for 40% of all U.S. businesses. Notably, the growth of these businesses is particularly pronounced among diverse groups, with 64% of new women-owned ventures launched last year by Black women and an astounding 87% growth among Hispanic women-owned businesses. This report explores the success metrics of certified Women Business Enterprises (WBEs) and highlights their profound impact on the economy and communities.

The statistics surrounding women-owned businesses underscore their critical role in driving economic growth and innovation in the U.S. The rise of certified WBEs not only enhances their visibility and access to resources but also fosters a more inclusive business environment. As we observe the remarkable contributions of women entrepreneurs—especially those from diverse backgrounds—it becomes clear that supporting and promoting WBE certification is essential for sustaining this momentum. The success of these enterprises not only benefits their owners but also enriches communities and strengthens the overall economy, paving the way for future generations of women in business.

Currently, there are an impressive 12.3 million women-owned businesses contributing a remarkable $1.8 trillion to the economy each year. This represents a vital segment of the business ecosystem, as women-owned enterprises account for 40% of all U.S. businesses. Notably, the growth of these businesses is particularly pronounced among diverse groups, with 64% of new women-owned ventures launched last year by Black women and an astounding 87% growth among Hispanic women-owned businesses. This report explores the success metrics of certified Women Business Enterprises (WBEs) and highlights their profound impact on the economy and communities.

The statistics surrounding women-owned businesses underscore their critical role in driving economic growth and innovation in the U.S. The rise of certified WBEs not only enhances their visibility and access to resources but also fosters a more inclusive business environment. As we observe the remarkable contributions of women entrepreneurs—especially those from diverse backgrounds—it becomes clear that supporting and promoting WBE certification is essential for sustaining this momentum. The success of these enterprises not only benefits their owners but also enriches communities and strengthens the overall economy, paving the way for future generations of women in business.