In New York and San Francisco, more women are starting businesses, and with loans from the Small Business Administration, they have an easier time funding their ventures and raking in profits. Leesa Mitchell, author of the "Overcoming the Gender Gap: Women Entrepreneurs as Economic Drivers" from the Kauffman Foundation, said the cities are great places for entrepreneurs.
"Both cities have strong ties to Web 2.0 activity and social media," Mitchell told Forbes. "But they’re also among our most diverse cities. In cities where diversity is the norm, we’re seeing women stepping up more readily and far more readily embraced by the community."
Other cities on the list include Washington, D.C.; Bethesda, Maryland; Tampa, Florida; and Columbus, Ohio.
The new list may be a boon for women, who represent about 36 percent of start-up business owners despite accounting for 46 percent of the work force and more than 50 percent of college students, according to the "Overcoming the Gender Gap" study.
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