Wednesday, 23 April 2014 20:35

Women Owned Businesses Increasing

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BANGOR - The number of women owned businesses in Maine has grown by 34% since 1997, but that number is about half of the national trend, with Maine ranking 47th out of the 50 states.

But it isn't all bad news, as the amount of people employed by women owned firms has grown by 6%, and trends are encouraging.


"Women business owners have continued to grow at a rate faster than male business owners in Maine and nationally," says James McConnon, a UMaine economics professor, "I think that's good to see."


Whether you want to open a workout studio, or a shoe store, business owners are supporting other women.


"Don't let anyone stop you from doing it. They'll say 'Oh you're too busy' You can't have it all type of thing. I think that's weird common arguments women hear," says Summer Allen.


Amy Badger adds, "If you think a woman can't do it, you should go where a woman does do it, because I think you'll be proven wrong."


Nationwide, businesses owned by women have accounted for over $1 trillion in revenue.


Jaclyn Cangro

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Jaclyn Cangro joined WVII ABC 7 and WFVX Fox 22 in September of 2013. She was raised in suburban New York and graduated cum laude from Emerson College with a Bachelor’s degree in Broadcast Journalism in 2013.

While at Emerson, she won the 2012 New England Emmy Award for Best College Newscast as co-executive producer. She was also nationally ranked by the Sportscasters Talent Agency of America (STAA) as one of the Top 20 Sports Broadcasters in the country, being one of two females on the list.

When not on the air, she enjoys watching and rooting for the New York Mets and New England Patriots.

She’s excited to explore all Maine has to offer! If you have any story ideas, contact her at [email protected] or tweet her @jaclyncangro.


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