RCEDA is proud to be a sub center for the Montana Women’s Business Center hosted by Prospera Business Network in Bozeman. Through our sub center RCEDA is able to offer many small business development services to Women Owned Businesses and others. If you are thinking about starting or expanding your business please put a visit to RCEDA on your to do  list. Helping women succeed in business is important for our community’s.

Despite Smaller Size, Women-Owned Businesses Have a Significant Economic Impact
A new issue brief from the SBA Office of Advocacy shows the major economic contribution of women-owned businesses, in spite of their average smaller size when compared to male-owned firms. The report, “Women’s Business Ownership: Data from the 2012 Survey of Business Owners,” uses the most recent Census Bureau data to create a highly detailed portrait of this group, including their role in minority business communities.
The report’s findings include the following:
•         The 9.9 million businesses that are majority-owned by women contribute $1.4 trillion in sales to the economy.
•         Thirty-six percent of all businesses are women-owned, accounting for 12% of all business sales and 15% of employment.
•         Industries with the most women-owned employer firms range from restaurants to physicians and management consulting.
•         Women own a larger share of businesses in every minority group compared to their overall share of businesses (36%). Almost 60% of      Black/African American-owned businesses and 44% of Hispanic-owned businesses are women-owned.
Advocacy’s new research takes a closer look at important factors regarding the longstanding differences between male- and women-owned firms’ sales and employment. Among other items, the report evaluates the industry distribution and business characteristics, like age and financing, of women-owned businesses. Featuring interactive charts, users can now easily understand the gender composition and performance of women-owned businesses in hundreds of industries.

Call the RCEDA Office at 406.375.9416 or email RCEDA General Information