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The Enterprising Women of the Year Awards: A Theoretical Framework for Recognizing and Empowering Women Entrepreneurs

04 Mar, 2025

The Enterprising Women of the Year Awards, established by Enterprising Women magazine, provide a structured framework for recognizing and celebrating the achievements of top female entrepreneurs worldwide. This annual event serves as a model for understanding the role of public recognition in enhancing business success, leadership influence, and economic growth among women entrepreneurs.

Entrepreneurial Recognition as a Catalyst for Growth
Research on entrepreneurial visibility suggests that public acknowledgment enhances credibility, expands business opportunities, and strengthens leadership impact. The 2025 Enterprising Women of the Year Award recipients demonstrate this phenomenon across multiple revenue categories.

For instance, Patricia Bible (Katom, Kodak, TN) and Gina Bartasi (Kindbody, New York, NY), whose companies generate more than $100 million in annual revenue, exemplify how high-level recognition reinforces market leadership. Similarly, honorees such as Julie Danziger (Embark Beyond, New York, NY) and Kathy Mills (Strategic Communications, LLC, Louisville, KY) showcase how award-based visibility contributes to the growth and expansion of large-scale enterprises.

The Impact of Revenue-Based Categorization on Entrepreneurial Scaling
By segmenting honorees into revenue-based categories, the awards highlight the diverse pathways women entrepreneurs take in scaling their businesses. Leaders such as Shanna Diep (Strategic Logistics & Defense Services, Oceanside, CA) and Stacey Coopes (Unite Digital, LLC, Bloomfield Hills, MI), who operate within the $25 million to $100 million revenue range, demonstrate how structured recognition fosters mid-market business expansion.

In the $10 million to $25 million category, Rita Dancey (Maryland Electric Company LLC, Kingston Springs, TN) and Sarah Lehman (Zartico, Inc., Salt Lake City, UT) illustrate the role of media exposure in accelerating business growth. At the $5 million to $10 million level, honorees such as Kristen Rising (Rising Construction Services, Inc., Valley, MO) and Jean Kay Ibañez Payne (TI Verbatim Consulting, Charles Town, WV) provide evidence that entrepreneurial acknowledgment serves as a launchpad for industry influence.

Corporate and Institutional Support as an Accelerator for Women’s Entrepreneurship
The awards also highlight the significance of corporate sponsorship and institutional backing in fostering women-led businesses. Co-hosted by leading corporations, the event not only celebrates individual achievements but also strengthens industry-wide support networks. Entrepreneurs such as Jamiee Simmons (Always Compassionate Homecare, Bala Cynwyd, PA) and Meghann Butcher (RepSpark Systems, Anaheim, CA), who have built businesses generating $5 million to $10 million annually, reinforce the theory that strategic partnerships play a critical role in scaling women-owned enterprises.

Media Recognition as a Strategic Business Lever
Studies suggest that media recognition serves as a powerful tool for business expansion, particularly for entrepreneurs in growth stages. The 2025 award recipients, including Morgan Arbez (GRIT Distribution, Edmonton, Alberta, Canada) and Wendy Sachs (Philadelphia Nanny Network, Ardmore, PA) in the $2 million to $5 million category, exemplify how awards-based media coverage facilitates market entry, customer acquisition, and competitive positioning.

Similarly, honorees in the $1 million to $2 million category, such as Christine Creter (Creter Group, Inc., New Fairfield, CT) and Karen DeYoung (DeYoung Consulting Services, Minneapolis, MN), demonstrate how recognition can influence investor confidence and organizational growth. Entrepreneurs in the under $1 million category, such as Pam Allyn (Dewey Inc., Yarmouth, ME) and Nikki Lanier (Harper Slade, Louisville, KY), illustrate the importance of early-stage visibility in securing funding, mentorship, and business development opportunities.

Sustained Leadership and Long-Term Influence in Women’s Entrepreneurship
Beyond immediate recognition, the Enterprising Women of the Year Awards contribute to a long-term framework for women’s leadership and advocacy. Over the past 22 years, the program has inducted 50 influential women into the Enterprising Women Hall of Fame, reinforcing the idea that sustained recognition fosters generational impact. Entrepreneurs like Lakisha L. Simmons, PhD (The Wealthy AchieveHer, Nashville, TN) and Monique Blokzyl (HeartPowered Business, Germany) embody this principle, as their businesses not only achieve financial success but also inspire and mentor future generations of women leaders.

Conclusion: A Theoretical Model for Recognition-Driven Entrepreneurial Success
The Enterprising Women of the Year Awards serve as a replicable model for understanding how recognition influences business success at various stages. By categorizing honorees based on revenue, fostering corporate partnerships, and leveraging media exposure, the program not only celebrates individual achievements but also contributes to the broader entrepreneurial ecosystem.

Entrepreneurs such as Dimeta Smith (Dimeta Smith, CPA, Nashville, TN) and Tonya Thomas (Team Delegate, LLC, Rockwall, TX) illustrate how structured acknowledgment plays a pivotal role in shaping industry leaders. As the event continues into its 23rd year, it reinforces the fundamental theory that entrepreneurial success is amplified through visibility, support networks, and sustained leadership influence.

Source: https://enterprisingwomen.com/women-of-the-year-awards


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