UMass Lowell, recently named the No. 1 public university in Massachusetts, is also one of the state’s most successful organizations run by a woman. The university ranks first in the education sector and No. 17 overall in The Women’s Edge 2023 Top 100 Women-Led Businesses in Massachusetts.

This marks the seventh consecutive year UMass Lowell has been named among the Top 20 such organizations. It is the first year of Chancellor Julie Chen’s leadership, as she began her tenure in the role in July 2022.

“UMass Lowell is proud to pioneer innovative teaching and research; paid, career-connected opportunities; diversity; and a sense of belonging on campus in service to our students and the greater community,” Chen said. “I look forward to continuing to partner with stakeholders across the Commonwealth as we grow the economy and workforce to meet the evolving needs of business and industry.”

According to the findings, taken together, the 100 businesses and nonprofits on the 2023-2024 list represent a total revenue and operating budget of $84 billion. To determine the rankings, The Women’s Edge, a nonprofit that supports female business leaders, examined each organization’s revenue or operating budget, along with other variables, including number of full-time employees in the state, workplace and management diversity, and innovative projects.

Results of the annual compilation, which is a partnership with The Boston Globe, were announced Friday, Nov. 3, at a celebratory breakfast at Boston Marriott Copley Place.