St Louis Named One of the Best Cities for Women

Offering the best mix of factors for women to launch businesses

April 4, 2018 | 2 min reading time

This article is 6 years old. It was published on April 4, 2018.

St. Louis, MO- Business.Org recently named St. Louis, Missouri as one of the “Top 10 Cities” for Women to Start a Business.” Their research turned up several interesting outcomes. For example, some states contain multiple metro areas with widely different results. They examined five key metrics to decide which cities provide the best environment for women entrepreneurs such as the percentage of women-owned businesses, number of new businesses per 100,000 people and the unemployment rate for women

Their analysis showed that St. Louis ranked 9th among the 107 metropolitan areas that were studied, where about 35% of businesses are women-owned. According to the U.S. Bureau of Labor Statistics, the unemployment rate for American women is slightly better than the rate for men. But women younger than 20 and women older than 54 have even better employment rates. The rankings are as follows:

  1. Greater Tampa Bay Area, FL (Tampa-St. Petersburg-Clearwater)
  2. Silicon Valley, CA (San Jose-Sunnyvale-Santa Clara)
  3. Seattle Metropolitan Area, WA (Seattle-Tacoma-Bellevue)
  4. Greater Orlando, FL (Orlando-Kissimmee-Sanford)
  5. Inland Empire, CA (Riverside-San Bernardino-Ontario)
  6. Minneapolis-St. Paul, MN-WI (Minneapolis-St. Paul-Bloomington)
  7. Bay Area, CA (San Francisco-Oakland-Hayward)
  8. Pittsburgh, PA
  9. St. Louis, MO
  10. Miami Metropolitan Area, FL (Miami-Fort Lauderdale-West Palm Beach)

 

About the St. Louis Development Corporation (SLDC)

St. Louis Development Corporation (SLDC) is an umbrella, not-for-profit corporation organized under Chapter 355 of the Missouri State Statutes with the mission of fostering economic development and growth in the City of St. Louis by stimulating the market for private investment in City real estate and business development and improve the quality of life for everyone who lives in, works in, and visits the City.  The mission of the SLDC is to stimulate the market for private investment in City real estate and business development and improve the quality of life for everyone who lives in, works in, and visits the City of St. Louis. If there are questions, please contact John Parker, Director of Corporate Communications and Media at 314-363-1102 or email him at parkerj@stlouis-mo.gov

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