RALEIGH – North Carolina is the No. 9 state for women-led startups, up eight spots from 2022, according to a new study from Merchant Maverick.
Here’s what the study had to say about the Tar Heel state:
“North Carolina has established a toe-hold on the Top 10 list this year, shooting up eight places. While the Tar Heel state doesn’t dominate any one metric, it makes a respectable showing in many. For example, 28.2% of all employer firms in the state are led solely by women (9th), and 20.82% of employees are led solely by a woman (11th). North Carolina also lacks any major weaknesses among the metrics we measured, though it does fall into the bottom half of states when it comes to average income (29th) and unemployment (31st).”
The data:
9. North Carolina
- Overall score: 67
- % of firms led by women: 28.2% (9th)
- % of employees at women-led firms: 20.8% (11th)
- % women who own businesses: 1.57% (21st)
- Women business owners average income: $49,309.00 (29th)
- VC funding for women-led startups: $1,830.00 (11th)
- Startup early survival rate: 82.74% (8th)
- Income tax rate: 5.25% (25th)
- Unemployment rate: 3.8% (31st)
Colorado secured the top spot in the rankings for the third consecutive year.
