Women-Owned Small Business Resources
The resources, information and links provided are to assist women with starting or growing their small business. According to The 2019 State of Women-Owned Businesses Report conducted by American Express, The share women-owned businesses represent of all businesses has skyrocketed from a mere 4.6% in 1972 to 42% in 2019. Growth in share of the total private sector workforce and total revenue has not kept pace at 8% and 4.3% respectively.
According to The American Express Report: As of 2019, women of color account for 50% of all women owned businesses. An estimated 6,417,400 women-of color-owned businesses employ 2,389,500 people (25% of total women-owned businesses’ employment) and generate $422.5 billion in revenue (23% of total women owned businesses’ revenue).
Achenyo Idachaba is the head of MitiMeth, a Nigeria-based company that makes handicrafts from aquatic weeds and other agro-waste.
Why you should listen
In 2009, Achenyo Idachaba bid her corporate career in the United States goodbye and relocated to Nigeria to start a new chapter as a social entrepreneur. She founded Greennovative Chain, which provided research and advocacy services in climate change mitigation, and later founded MitiMeth, a for-profit social enterprise based in Ibadan, Nigeria, which she considers a tangible expression of her research advice.
MitiMeth creates eco-friendly handicrafts like home décor and personal accessories from weeds prevalent on Nigeria’s waterways.