The number-crunchers at the consumer website NerdWallet have ranked the 20 best cities in America for female entrepreneurs, and Denver made the list.

Denver is No. 7 on the list, which was created based on five factors: a city’s entrepreneurial climate, the percentage of businesses owned by women, median earnings for female workers, the percentage of residents with a college degree, and the unemployment rate.

Only the 50 largest cities were considered.

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