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September 30, 2019 | Number of The Day
Jersey City’s ranking among locations with highest percentage of businesses founded by women

It might come as a surprise to learn that Jersey City is the top global location for the percentage of female-founded businesses. The rest of the list is also something of a surprise: Ithaca, US; Honolulu, US; Nottingham, UK; Sausalito, US; Bend, US; Luxembourg, Luxembourg; Wilmington, US; Milwaukee, US and Oakland, US. The results are from the business banking app Tide, which analyzed the backgrounds of women who founded businesses that had received at least $1 million in funding. Jersey City came out on top, with 23% of female-founded companies. Among the notable founders there: Susan Estes of Open Door; Rebecca Huggler, co-founder of Huggler; and Mansi Singhal, co-founder of Qplum.