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Idaho and Wyoming tied for top spot for women entrepreneurs

October 11, 2003 /

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Idaho and Wyoming tied for first place as the top spot for women entrepreneurs, according to a Wells Fargo & Co. report.

The Idaho Statesman

Idaho tied with Wyoming, followed by Utah, Nevada and Arizona as the top five states in the nation for growth and expansion in women-owned businesses.

Between 1997 and 2002 , the number of women-owned businesses in these five states grew at more than twice the rate of the rest of the country, at an average rate of 28.8 percent , according to the report.

The top five states all shared the characteristics of very strong overall business growth and market expansion, a greater than average degree of federal financial support for small business, higher than average population growth and lower than average employment of women in professional and managerial positions.

http://www.idahostatesman.com/Business/story.asp?ID=51140