CHANGING DEMOGRAPHICS OF ENTREPRENEURS

• WOMEN ENTREPRENEURS

  ▪ There were 6.2 million women-owned businesses in 2002 (the most recent statistics available)

  ▪ This number was up 20% from 1997.
• MINORITY ENTREPRENEURS

  ▪ Minorities owned roughly 18% of U.S. businesses in 2002.

  ▪ This number was up 10% from 1997
• SENIOR ENTREPRENEURS

  ▪ Although statistics are not kept on senior entrepreneurs, there is strong evidence that the number of older people choosing entrepreneurial careers is rapidly increasing.
• YOUNG ENTREPRENEURS

  ▪ Interest among young people in entrepreneurial careers is growing.▪ According to a Gallop study, 7 out of 10 high school students want to start their own business

  ▪ Over 2,000 two-year and four-year colleges and universities offer entrepreneurship courses