Women-Owned Businesses Fuel Our Economy: By the Numbers
To celebrate Women’s History Month, we compiled data from the Federal Procurement Data System to highlight the vital role women-owned businesses play in our economy. Women entrepreneurs are making a difference nationwide and across sectors, fueling growth in industries like manufacturing, retail trade, and construction. In FY20, women-owned businesses executed 344,000 contracts across the U.S., with 4,591 contracts specifically providing critical COVID-19 support.
The Federal Government has been working to increase partnerships with these businesses, with a current goal of awarding 5% of total contracts to women-owned small businesses. From FY16 to FY19, women-owned businesses have more than doubled their number of contracts executed, increasing from 275,000 contracts to nearly 574,000.
Check out the interactive visualization below to learn more about these women-owned businesses and the important services they provide in a variety of sectors. Use the filters to explore contracts and obligated amounts by sector, fiscal year, or state.
Interested in learning about how the SBA supports women entrepreneurs to start, grow, and expand their businesses? Check out the Small Business Administration’s (SBA) Women-Owned Small Business Federal Contracting Program and SBA’s Spotlight on Women-Owned Employer Businesses.