Wisconsin among top 10 states for women entrepreneurs, report says

Posted by Sari Lesk from Milwaukee Business Journal on January 15, 2019

Wisconsin ranks among the top locations for female entrepreneurs, according to a recent report by Fit Small Business.

The organization offers research for small business owners. In a report published this month, Fit Small Business said Wisconsin ranks No. 9 as a top location for female entrepreneurs in 2019.

Texas, Ohio and Minnesota took the top three spots on the list.

The organization considered four main criteria to determine how desirable a state’s environment could be for women-owned start-ups:

Fit Small Business said Madison and Milwaukee are “great cities with ethnic diversity, a foodie culture, and a number of cultural festivals and events year-round.” The organization also noted the state’s lower cost of living, although it said the corporate tax rate and small high-growth company density offset the measure.

Wisconsin ranked No. 38 in last year’s list. The organization used different methodology to calculate that ranking.

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