DiversityBusiness.com has announced the Div500, the 6th annual listing of the nation’s top 500 women-owned businesses. At the top of 2005’s Div500 is Omega World Travel, based in Fairfax, VA, with $1.2 billion in 2004 revenues.
Ranging in revenue size from $20 million to over $1 billion, the companies listed on the Div500 represent the nation’s top women earners and challenge the long-held notion that women-owned businesses are small or insignificant. “Diversity-owned businesses contribute over $1.4 trillion in sales to the U.S. economy,” says Kenton Clarke, CEO of Computer Consulting Associates International, the company that built DiversityBusiness.com. Because of recent economic and demographic trends and changes, major corporations are realizing that having a diverse supplier base positively impacts their business revenue from this sector of buyers.”
The Div500 is a classification that represents the top 500 women-owned businesses in the U.S. in sectors such as technology, manufacturing, food service, and professional services. Major corporations, government agencies, and college/universities throughout the country that do business with multicultural and women-owned businesses use the list.
“The Div500 companies are the heroes of women-owned business in America,” says Kenton Clarke. These are the people that have conquered the hurdles and made the sacrifices, building and strengthening their communities, providing jobs and helping to keep the fabric of the U.S. economy together.”
Omega World Travel and other top companies will be honored at a special awards ceremony at DiversityBusiness.com’s 6th Annual Multicultural Business Conference, taking place March 29 – March 31, 2006 at the MGM Mirage in Las Vegas, NV.