“Who runs the world? Girls!” Beyonce knows the power of a woman and we see it in the way women are doing business in Brooklyn.
New research from a CrunchBase analysis states that Brooklyn leads in female entrepreneurship. The company analyzed how many successfully funded start-ups from 2009 to 2014 had at least one female founder. Of 14,341 US startups, Brooklyn-based business came out on top with 28 percent of their founders being a woman—the highest in the nation and well above the 15 percent national average.
Some of our favorite brands including Brooklyn Industries, Etsy, Kickstarter, Susty Party and MarkerBot are only a few Brooklyn-based businesses run by women. According to Fortune, women cling to Brooklyn to start their businesses because of reasonable economic cost, affordable transportation and the attractiveness of the borough.
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“Brooklyn has attracted a creative class that is fueling the growth of these companies because this is where people want to live,” say Tucker Reed, president of Downtown Brooklyn Partnership.
Now those numbers might change in 2015 and beyond as Brooklyn’s real estate, in some parts, has become even more expensive than Manhattan.