Iowa’s Glass Ceiling
CNBC ranks Iowa as the twelfth top state for business. So why are we dead last in economic clout for women-owned businesses according to a March report from American Express?
Maureen Collins-Williams, a researcher at the University of Northern Iowa, says the answer is tough to find. She released a report last week chronicling women's experience in Iowa business that found women are held back by everything from a lack of financial education, a natural risk aversion and even their choice of industry. She says men-owned businesses in Iowa secure nearly three times more funding than those owned by women.
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