On the Rise

Growth among female entrepreneurs is evident by the area’s large number of women’s professional organizations, said Sujata Chaudhry, owner of Tangible Development, a diversity, inclusion, and global training and consultancy firm.

“In the Capital Region, the success of Women@Work is a testament to the growth,” Chaudhry said. “It is a growth sector with the new requirements from the state to support WBE and the opportunities available to bid on contracts.”

Chaudhry, who has owned her own firm since 2011, said requirements for starting your own business can seem straightforward, but entrepreneurs should be prepared to provide documentation, such as financial statements, three years of federal income tax returns, and evidence of gender to qualify for incentives or programs available to women-owned businesses, to name a few.

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