New Jersey has long been a state where innovation and entrepreneurship intersect, and nowhere is that more evident than in the success of women-owned businesses. With a strong foundation of statewide organizations, funding initiatives, and government-backed support, women business leaders are shaping industries and redefining leadership in the Garden State. Recent data and recognition programs further highlight how women are not only participating in New Jersey’s business landscape but excelling at some of the highest levels nationwide.
Across the state, numerous organizations serve as cornerstones of support for women entrepreneurs and professionals. The New Jersey State Women’s Chamber of Commerce (NJSWC), created by merging with the New Jersey Association of Women Business Owners, provides advocacy, education, and mentorship for women looking to grow or scale their businesses. Executive Women of New Jersey (EWNJ) takes on a unique role by championing women for corporate board seats and leadership positions while also funding graduate scholarships for non-traditional female students. For those at the early stages of their business journey, the Women’s Center for Entrepreneurship (WCEC), a key partner of the U.S. Small Business Administration, offers classes, counseling, and assistance with funding strategies.
Regional and community-based groups also continue to expand their influence. South Jersey Women in Business (SJWIB) hosts regular networking events and educational programming for women across Burlington, Camden, and Gloucester counties. The Latin American Economic Development Association (LAEDA) Women’s Business Center is providing resources specifically designed to help women navigate systemic barriers in finance and entrepreneurship. In Morris County, the Chamber of Commerce’s Women in Business program inspires professionals through monthly forums, peer-to-peer discussions, and networking luncheons that focus on entrepreneurial growth.
In addition to organizational support, New Jersey women in business benefit from a variety of funding opportunities. The New Jersey Economic Development Authority (NJEDA) has established multiple initiatives to close funding gaps and foster growth. The Golden Seeds program, in partnership with NJEDA, connects women-led companies with angel investors and mentors. The NJEDA Small Business Fund continues to provide affordable financing options, while the Main Street Recovery Program awarded more than $10 million to women-owned businesses in 2024 alone. At the federal level, the Small Business Administration offers critical support through the Women-Owned Small Business (WOSB) Federal Contract Program, opening the door for women to compete for government contracts.
The results of these efforts are tangible. In 2024, New Jersey ranked second in the nation for the success of women business owners. More than 14 percent of women entrepreneurs in the state reported earning over $100,000 annually, one of the highest rates in the country. Women-owned firms also saw a significant increase in funding, with an average of $67,000 awarded per business, up nearly 40 percent from the previous year. These numbers demonstrate that targeted resources and advocacy are helping women-led companies not only survive but thrive.
Recognition has kept pace with these accomplishments. The NJBIZ Leading Women in Business awards program recently expanded to honor over 60 trailblazers across industries, celebrating leadership that drives growth and innovation in the state. The New Jersey Chamber of Commerce has also elevated women leaders who have made an impact through business, advocacy, and community engagement. The Governor’s office has underscored its commitment with policies designed to help women rejoin the workforce, including investments in childcare access.
Beyond the boardroom, women professionals are being celebrated for their contributions to medicine, technology, and community development. Cristina “Nina” Perez, a Territory Manager with LIXIL Water Technology Americas, was recently recognized by Influential Women 2025 for her achievements in the corporate sector. Allied Digestive Health also honored female gastroenterologists for their activism during Women in Medicine Month, showcasing the intersection of healthcare leadership and community impact.
Women entrepreneurs are also making significant strides in New Jersey’s emerging cannabis industry. As of March 2024, the state had 39 cannabis dispensaries that were majority-owned by women, reflecting the growing role of women in this rapidly expanding sector. Statewide, Voltaire Cannabis Dispensary in Mount Holly and Natural Apothecary on Washington Avenue represent successful women-led operations with multiple locations. In North Jersey, Nightjar is co-owned by Francesca Derogatis, Amanda Rositano, and Katie Covett, while Elevated by TheCannaBossLady Dispensary, founded by Jill Cohen in Essex County, stands out as one of the state’s first women-owned dispensaries.
Central Jersey has several women-owned cannabis businesses, including Leaf Haus Dispensary in Franklin Township, Nirvana Dispensary on NJ-73, Uma Flowers Cannabis Dispensary in East Brunswick, Valley Wellness along US-202, and Sparkology, co-owned by Neepa Marfatia and Riki Rimberg. In South Jersey, Holistic Solutions in Atco was founded by Suzan Nickelson, Midnight Greens Recreational Dispensary in Washington Township opened in 2024, Gynsyng Dispensary in Merchantville was among the first approved for a consumption lounge, and Nirvana Dispensary in Mount Laurel is operated by a team of women pharmacists. LoveGrow Company in Mount Holly also highlights the growing presence of women in cannabis cultivation and retail. These dispensaries not only demonstrate entrepreneurial leadership but also provide inclusive, community-focused experiences that challenge traditional industry norms.
With momentum building and opportunities expanding across traditional and emerging industries, New Jersey continues to set an example of what a supportive business environment for women can look like. From statewide chambers to local initiatives, targeted funding programs, and women-led cannabis enterprises, the ecosystem for women in business is robust and growing. To explore resources, funding opportunities, and the latest in women’s entrepreneurship, visit Explore New Jersey Business.
