Women-Owned Business
About Women-Owned Businesses
According to data from the Small Business Administration (SBA) Annual Business Survey, women employer businesses numbered 1.1 million in 2019. However, women-owned businesses represented only about 20 percent of all employer firms, which were also underrepresented in all demographic groups when compared to male counterparts.
Despite these statistics, women-led businesses employed 10.1 million workers and accumulated $1.8 trillion in receipts in 2019. The number of firms owned by women grew six percent between 2014 and 2016, twice the rate of growth of firms owned by men. This growth was the result of an increase in minority women employer businesses, which grew 14 percent.
Current Goals
The U.S. government currently has a five percent contracting goal for women-owned small businesses.
Let the Fisher Scientific Supplier Diversity program help you develop a workable plan to increase your laboratory spending with women-owned businesses.
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Become a Supplier Diversity Partner
If you are a small or diverse business, we can help you achieve your goals too. We offer training, order and logistics support, inventory management, and so much more. Find out what it takes to become eligible for our program.