Women’s History Month just days away WalletHub.com analyzed the best and worst metro areas for women-owned businesses.
Chattanooga ranks second as the “overall new-business friendly” city.
Sybil Topel, Vice President of Marketing and Communications at the Chattanooga Area Chamber said there are many reasons why the Scenic City is ranked so high.
“We are a very entrepreneur friendly town, but more importantly we also believe in vesting in smaller businesses and women owned business.”
Topel said there are 19 women owned businesses are located in Chattanooga’s Incubator, but there more than 13,000 women owned companies in the Greater Chattanooga area.
“In terms of Chattanooga and women owned businesses payroll has increased for women owned businesses to 54% in a 5 year period, from 2007 to 2012. I think there is a lot of passion for women owned businesses at the Chamber of course we have diversity and inclusion as a major part of our programming.”
Businesses like Southern Sqweeze, a company that specializes in pressed juice and raw foods.
Kelsey Vasileef said opened the store almost 3 years ago with dream of being able to help others.
“I’ve always wanted to do something a little bit more for myself, more for others and this is what it manifested into. It definitely has its ups and downs, just like anything. but in this city I’ve had so much support which has been really great. I’ve meet so many people that you know saying you’re a strong woman and like you know, that’s inspiring to me that I can go out and do something just like you.”
Topel said Chattanooga will continue to see a growth in women owned businesses in the years to come.
“I predict that they will continue to have that type of support that they’ve found here. I can tell you that the Chamber certainly wants people to consider Chattanooga as a place to expand and relocate and that we have a number of women owned businesses that are succeeding here.”