According to the seventh annual State of Women-Owned Businesses Report, commissioned by American Express, Oregon has an estimated 128,100 women-owned businesses, employing 115,400 people and generated $17.5 billion in 2017. Here are some other statistics from that study as reported by the Business Tribune:
- Oregon is ranked 40th nationally in growth of number of women-owned firms over the past 20 years with a 59 percent increase, 26th in growth of jobs created by women-owned firms with a 26.3 percent increase and 42nd in growth of revenue for women-owned firms with a 69.3 percent increase.
- The Portland MSA is ranked 41st in growth of number of women-owned firms among the top 50 U.S. metropolitan areas with a 49.6 percent increase over the past 15 years, 24th in growth of jobs created by women-owned firms with a 33.1 percent increase and 28th in growth of firm revenue for women-owned firms with a 62.7 percent increase.
Greater Portland Inc, is launching a new initiative to help women, minority and veteran owned entrepreneurs in the Greater Portland region expand into the global marketplace. International customers can improve sales, revenue and help diversify product demand.
Growing Small Businesses Globally provides training and travel scholarships along with customized export counseling for firms in the Greater Portland region. As part of this program GPI will work with each firm to develop a customized program that meets the needs of firms preparing for international sales. More than 95 percent of the world’s consumers live outside the U.S., and 79 percent of global GDP growth is projected to occur outside the U.S. International markets. Reaching new markets is good for business.
Growing Small Businesses Globally is a signature project in the Greater Portland 2020 framework, a 5-year action plan to align business, education and civic leaders around regional economic priorities.