Is There a Decline in Women-owned New Businesses?

The share of new businesses started by women fell last year to its second lowest level in nearly two decades, a sign that the entrepreneurial gender gap widened last year, according to an annual index of startup activity that will be released later this month by the Ewing Marion Kauffman Foundation, a Kansas City, Missouri, nonprofit, reports the Wall Street Journal.

Businesses a month last year, up 21% from 2013, Women, by contrast, launched an average of just 196,000 businesses a month in 2014, about the same as in 2013.

What’s more, studies show that women tend to create home-based micro businesses and personal service based businesses, while men starting businesses are entering construction and contracting fields.

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Walker's Legacy is a growing global women in business collective founded to establish networks of empowerment and access for women of color in business.

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