According to the Washington, D.C.-based Center for Women's Business Research, the number of privately held business that were at least 50 percent women-owned grew 11 percent between 1997 and 2000. That's 1.5 times the rate of privately held companies in general.
Women's growing participation in entrepreneurial activities is fueling interest in the networking groups, said Sharon Whiteley, an entrepreneur, an "angel investor" who provides capital for start ups and one of the authors of the newly released book, "The Old Girls' Network: Insider Advice for Women Building Businesses in a Man's World."
"Women started to get organized because of the new opportunities available to them," said Whiteley. "Community building and networking is in our DNA, but historically we have not honed this for business."
Do you agree? Do women make better entrepreneurs?