Study: North Dakota No. 1 for women entrepreneurs

North Dakota is a good place for women to own and operate a business, according to a new study.

Fundera, an online marketplace for small business loans, ranked states on a number of markers of success for women-owned businesses.

North Dakota ranks top in the nation for women entrepreneurs, and Minnesota came in at No. 4.

North Dakota beat out the competition in the Fundera study because it had the highest five-year growth in average revenue of women-owned businesses, highest average revenue of women-owned businesses and highest percentage of women-owned businesses with paid employees. 

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