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You’re Invited! CTS to Reveal New Report on October 19th: Women’s Business Ownership and the Vermont Economy

You’re Invited on October 19th!

What: An event and keynote address that tackles the question: what is the real story for Vermont women and business ownership?

Change The Story VT (CTS) will reveal findings from its third report on the status of women-owned businesses in Vermont. 

Policy makers, business association members, economic development professionals and interested members of the public are invited to attend this address by CTS Director Tiffany Bluemle, with Pat Heffernan and Laura Lind-Blum of Research Partners, and Vermont Commission on Women’s Cary Brown.

No RSVP is required for the report keynote.

Who: Change The Story VT and the Vermont Commission on Women

When: Wednesday, October 19, 2016 from 11:15am – 12:15pm (this is part of a larger event – the Women Business Owner Network Fall Conference) – There’s still time to register for the full conference.

Where: Vermont State House – House Chamber

Why: As women in the U.S. and in Vermont are starting businesses in increasing numbers, any analysis of women’s economic well-being must consider the status of self-employed entrepreneurs. The report focuses specifically on business ownership by women, its impact on women’s income, and its potential to bolster and invigorate Vermont’s economy.

A few findings from the report:

  • Thirty-two (32%) of Vermont businesses are women-owned and add billions of dollars and thousands of jobs to the state’s workforce and economy. In fact, between 2007-2012, women own 23,417 businesses in VT, employ 36,326 people, and generate annual revenues of $2.2 billion.
  • When comparing the average annual revenues of male and female-owned firms in Vermont, women make 19 cents on every dollar of revenue that VT male-owned businesses make.
  • Women are significantly underrepresented in 9 of the 10 highest grossing sectors. This limits financial opportunities for individual women and their potential contributions to the Vermont’s economy.

The full report will be released on October 19th. Be sure to join our mailing list to get your copy!

Download the full press release.

 

The full report is now available.