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These Are the Top 10 Cities for Fast-Growing Women-Owned Companies

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12.01.2019

2018 may be the year of the woman, but fewer women entrepreneurs managed to land their companies on the Inc. 5000, a list of the fastest-growing companies in America. In 2018, just 603 women-led companies made the list--a low point for female founders in the modern history of the list. In 2016, 695 women-led companies landed on the Inc. 5000.

There may be a variety of reasons for the drop-off. Among others, the competition overall has upped its game. The median three-year revenue growth among this year's list hit 172 percent, up from 142 percent in 2017. In other words, it has become harder to make the list. That makes the female founders on this year's Inc. 5000 all the more impressive. Here are the top 10 U.S. cities for fast-growing women-led companies.

In the nation's capital, doing work for the government is a natural choice for many startups. Some of the eight women-owned Inc. 5000 companies in Washington offer IT consulting, while others provide staffing and other management services. Elevate (No. 1,250), which helps nonprofits develop grant programs, took in $3.6 million in revenue in 2017.

The juggernauts of Amazon and........

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