Number of Women-Owned Firms Sets Illinois, Cook ahead of Nation
(Crain’s) — Women own more than a third of Chicago businesses, and Illinois generally is a female-friendly state for entrepreneurs, the Census Bureau reported. Cook County had 165,272 firms owned by women in 2007, second only to Los Angeles County, according to a survey of business owners conducted every five years. In Chicago, 36% of the 255,611 firms in the city — which includes sole entrepreneurs — were owned by women. Statewide, the Census Bureau counted 343,117 woman-owned firms in Illinois, fourth-highest behind California, Texas and New York. The percentage of firms owned by women in Illinois was 30.5% vs. the 28.7% national average.