Female Entrepreneurs Thrive in Old Town Lansing

Old Town Lansing has experienced a resurgence within the last few years, due in large part to the many female business owners occupying its storefronts.

According to excerpts from the article:

Nearly half of the businesses in the heart of the commercial district—from boutique shops to creative firms to restaurants—are owned by women, according to a recent count by the Old Town Commercial Association. That far outpaces the state.

There were 217,673 women-owned businesses in Michigan in 2005, the most recent figures available from the U.S. Small Business Administration. That's 26 percent of the 831,823 businesses in the state.

SBA counts any business owned at least 51 percent by women as women-owned.

Another 81,773, or about 10 percent, of businesses in Michigan are owned equally by men and women.

Read the entire article here.

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