Core Insights - Comerica Bank is contributing $150,000 to support organizations that assist female entrepreneurs during National Women's Small Business Month, bringing the total contributions for the year to over $300,000 [1][6] - The bank will host various local events to engage with female entrepreneurs throughout the month [2] - Wendy Bridges, Comerica's Executive Vice President, emphasized the importance of women-owned small businesses in the economy and the role of community organizations in fostering their growth [3] Women-Owned Small Business Landscape - There are over 12 million women-owned small businesses in the U.S. [4] - The Comerica Small Business Pulse Index indicates that female business owners exhibit a high level of confidence regarding their future success and moderate optimism about market conditions [4][5] Survey Insights - A national survey of 1,010 small business owners revealed that 81% of female small business owners are somewhat or very confident about their business's future [6] - Inflation is the top concern for 23% of female small business owners, consistent with the overall average for all business owners [6] - 46% of female owners currently use AI tools, with an additional 30% planning to adopt AI within the next year [6] - 74% of female business owners allocate up to 5% of their annual budget to AI tools and technologies [6] - Only 36% of female business owners anticipate job displacement due to AI in the next five years, aligning with the sentiment of all business owners [6] - 53% of female business owners support stricter government regulations on AI, slightly lower than the 57% of male owners who share this view [6] Comerica's Commitment to Small Businesses - Comerica has focused on enhancing its support for small businesses and entrepreneurs through dedicated banking teams and innovative initiatives [8] - The bank aims to provide real value to entrepreneurs and small business owners through contributions and unique resources [9]