Denver ranks in top ten cities for female entrepreneurs

(Photo: MGN Online)

(Photo: MGN Online)

DENVER — Denver has landed on a list of best cities across the nation for female entrepreneurs.

According to a list published Tuesday by NerdWallet,  a consumer website that focuses on transcribing number-driven data for the general public, the Mile High City ranked as the seventh best city for female business owners.

Washington D.C. scored the number one spot.

To create the list, the site looked at major U.S. cities and analyzed criteria like percentage of local businesses owned by women, how friendly each city is to its female entrepreneurs, education level, economic status of the city and entrepreneurial climate.

“Denver is home to 11.5 businesses per 100 residents, and 30% of those companies are run by women,” said the site.

It also listed several higher education opportunities for females with entrepreneurial ambitions within the city, including The Jake Jabs Center for Entrepreneurship at the University of Colorado Denver and the Leeds School of Business at University of Colorado Boulder.

The National Association of Women Business Owners reported that the number of women-owned businesses is on the rise, having grown 59 percent between 1997 and 2013.

Though, there is still “room for growth,” NerdWallet added.