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WBDC survey: Access to capital still #1 concern for women business owners

WBDC survey: Access to capital still #1 concern for women business owners

Westfair Communications

By Kevin Zimmerman – May 4, 2018

Despite progress over the past several years, women business owners in Connecticut sill cite access to capital as the single biggest barrier to opening their own company.

The data comes from a new survey sponsored by the Stamford-based Women’s Business Development Council, representing responses from 458 individuals, most of whom are women business owners.

The survey found that:

women business owners business owners women business point in their career access to capitalWomen business owners claim access to capital (25 percent), lack of start-up knowledge (20 percent) and the need to gain credibility (18 percent) as the three biggest challenges they faced when launching their own business.

 

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