CONGRATS NEW YORK! San Francisco and New York are the top two cities for women entrepreneurs. Here are the key takeaways for how cities can support women entrepreneurs.

Create tangible solutions to foster growth for women entrepreneurs. It starts with the lifestyle; referred to as the “pink tax” by the NYU Rudin Center of Transportation, women spend $50 or more per month than men because of safety concerns. Factors included in the pink tax are affordable housing and public transportation.

Increase diversity of elected officials in local government. Currently, women are 20% of the country’s elected officials. Similarly, on the local level, about 20 % of mayors are women. A more diverse representation in leadership would understand barriers that negatively impact careers (like the aforementioned “pink tax”).

First ranked San Francisco only scored a 64 out of 100, and New York came in a close second. Acknowledging the room for improvement creates the room for growth. In good news, scores overall are up from 2017!

According to a recent Smart Cities New York event; startups that are founded or co-founded by women generate 10% more cumulative revenue over a five-year period. It then follows that equalizing opportunity for women to run businesses would lead to more jobs and a more robust local economy.

 

 

 

 

 

The key takeaway we learned is that the neighborhood within the city also matters. Workville’s pink tax is low for New York City, which is one of the reasons why our coworking space has so many female lead disruptors. Workville’s midtown west location is in close proximity to major transportation hubs, making it easy for both young professionals and working moms to commute into the city. A supportive environment within the workspace is also key, and this includes simple things like a supportive every day as well as the potential for mentorship and career growth.

To learn more about Dell Technologies’ 2019  Women Entrepreneur Cities Index, read the full recap in SmartCities. To learn more about how Workville members foster women’s entrepreneurial growth email info@workvillenyc.com.

 

Workville’s Meeting Rooms offers entrepreneurs, individuals, and small businesses affordable business solutions including meeting rooms, day offices, conference rooms, and coworking spaces. Workville’s full-service meeting rooms and facilities come fully equipped with state-of-the-art technology for all your company’s needs.

If you’re looking for a coworking space that is as agile as you, look no further than Workville. Our office spaces for rent are designed with your brand identity in mind.  We have small and large offices for teams of all sizes. Collaborative meeting rooms for all occasions. Membership perks and amenities will elevate your membership experience. Why do a traditional lease, when a shared office can provide flexible terms for any type of company? Book OASIS, our private full-floor corporate event space for daily rental. Your company off-site would be perfect for OASIS. Drop by our midtown location and see why some of the most successful companies rent office space with us. We will make sure to give you a space most appropriate for you. Visit our shared office space today

For more information, reach out to info@workvillenyc.com