ICYMI: On Equal Pay Day, See What Americans Are Saying About SBA Efforts to Empower Women Entrepreneurs

Washington, March 15, 2022 ( GLOBE NEWSWIRE ) — On peer Pay Day and during Women ’ mho History Month, the U.S. Small Business Administration ( SBA ) is highlighting its support of women entrepreneurs and an array of resources to help them fulfill their dreams of opening their own boom businesses. Women entrepreneurs have shown how critical their contributions are to the American fib and the historic growth of President Biden ’ randomness economy. Administrator Isabella Casillas Guzman has made increasing equity for women entrepreneurs a priority through the SBA Office of Women ’ sulfur Business Ownership and investments to expand its net of Women ’ s Business Centers ( WBC ) to 140, the largest number of WBCs in SBA history. See below for holocene coverage, a video recording message from Natalie Madeira Cofield, Assistant Administrator for the Office of Women ’ randomness Business Ownership, information about SBA’s Women’s Business Summit, and other information about SBA’s efforts to support women business owners: Media WLBT | Women ’ sulfur Business Center at JSU helps fulfill the dream of entrepreneurship : “ Sydney Brown is the director of the center and agrees that this center is a full of life tool in supporting and helping women launch their ambition businesses. He says the concentrate besides provides business services such as one-on-one rede, coach, network, free workshops, and technical aid for women seeking federal contract dollars for their small businesses. ‘ We can offer our expertness to them, and they don ’ t have to go out and pay for the serve. For exemplar, if person needs avail with a business plan, person in the secret sector can charge them $ 1,000 and $ 2,000 to get a business plan done, but we provide our services loose of charge. ’ ( Almesha ) Campbell ( Assistant Vice President for Economic Research and Development at Jackson State University ) and ( Sydney ) Brown ( conductor of the WBC at JSU ) say the achiever stories are rolling in. ”

ST. GEORGE NEWS | Southern Utah Women in commercial enterprise can find support at the Women ’ sulfur Business Center of Utah : “ Southern Utah women who own a occupation, or are matter to in starting one can find support, prepare and free one-on-one business advice at the Women ’ mho Business Center of Utah. The statewide program is about 25 years honest-to-god, but Cedar City ’ randomness center, serving Utah ’ s 14 southern counties, including Washington and Iron Counties, opened its doors in January 2019. Debbie Drake is the Women ’ randomness Business Center of Utah ’ randomness southern program director. ‘ So, I travel a bunch, ’ she said. The Women ’ randomness Business Center of Utah offers resources and access to commercial enterprise advisers, equally well as on-line and in-person commercial enterprise train. Drake noted that while their advertise focuses on services for women, 10 % of their clientele are men. ” SPECTRUM NEWS 1 | Women ‘s Business Center of CLT on International Women ‘s Day : “ If you ’ re a woman looking to go into business, look no further than the Women ’ sulfur Business Center of Charlotte. Executive Director Rocio Gonzalez says last class they helped 1,300 clients, ranging from those starting a business to those already operating. Gonzalez says it doesn ’ t matter how farseeing you ’ ve been in business, they can offer resources to help. It ‘s something she wants to stress on International Women ’ sulfur Day. ” Message from Assistant Administrator Natalie Madeira Cofield Watch Assistant Administrator Cofield ‘s video recording on chitter “ Women ’ second History Month is so crucial because women still must work hard to ensure they have an equitable seat at the mesa. Women ’ randomness History Month is besides highly crucial from an economic perspective because women are the fastest-growing entrepreneurial demographic in the state, ” said Assistant Administrator Cofield. “ We know the COVID-19 pandemic in truth impact women entrepreneurs significantly. That is why at SBA, under the leadership of Administrator Isabella Casillas Guzman, the highest-ranking Latina in the Biden-Harris Administration, I couldn ’ triiodothyronine be more gallant of the achievements that we ’ ve made over the class of the last year. ” What’s Next for the SBA: 2022 Women’s Business Summit On March 28-30, 2022, in honor of Women ’ south History Month, the SBA will host its 2022 Women ’ mho Business Summit, co-sponsored by the Nasdaq Entrepreneurial Center. The consequence will consist of virtual panels, “ Ask an Expert ” workshops, and hearth chats to help women-owned belittled businesses build, scale, and grow. In-person salon/listening sessions will besides be held by local and regional hosts. adjustment is required to attend the virtual events of the peak. To register, chew the fat : www.eventbrite.com/e/2022-women-business-summit-registration-253276836837. last month, the SBA announced modern fund opportunities for newfangled WBCs. The first was the handiness of $ 1.5 million for 10 new grant opportunities for established Minority Serving Institutions aspiring to host a Women ’ south Business Center ( WBC ) to provide local outcome-oriented commercial enterprise services for women entrepreneurs. The second was $ 150,000 for established and aspiring WBC host organizations to provide outcome-oriented business services for women entrepreneurs in Alaska. This would be the first base WBC in Alaska in over a ten and, once it is opened, the SBA would officially have a WBC in all 50 states.

Fast Facts on the SBA’s Support and Development of Women Small Business Owners

  • SBA currently funds and supports the largest WBC network in the history of the agency, with 140 centers in 49 states and Puerto Rico. WBCs offer one-on-one counseling, training, networking, workshops, technical assistance, and mentoring to women entrepreneurs on numerous business development topics, including business startup, financial management, marketing, and procurement.
  • Since March 2021 alone, 24 new centers have opened including three WBCs affiliated with Historically Black Colleges and Universities (HBCUs) and two in Puerto Rico. The new centers were established in diverse communities to reach women entrepreneurs where they are.
  • OWBO’s WBC network helped over 88,000 businesses and supported more than 86,000 jobs in 2021 as well as assisted over 3,000 startups and provided 1.4 million capital transactions that have led to financial capital infusion, scale, and growth.
  • In 2021, OWBO also oversaw a historic allocation of recovery-related grants to women business owners, funding 14 Resiliency and Recovery Demonstration Projects for a total of $2.7 million to help them survive the economic crisis associated with the COVID-19 pandemic.

To learn more about SBA ’ sulfur programs and services for women entrepreneurs, visit www.sba.gov/women. To find other WBC locations and SBA resources, inflict www.sba.gov/tools/local-assistance. # # # About the U.S. Small Business Administration The U.S. Small Business Administration helps power the american dream of business ownership. As the only go-to resource and voice for small businesses backed by the forte of the union government, the SBA empowers entrepreneurs and small commercial enterprise owners with the resources and digest they need to start, grow or expand their businesses, or recover from a announce calamity. It delivers services through an extensive network of SBA sphere offices and partnerships with public and private organizations. To learn more, inflict www.sba.gov. About the SBA’s Office of Women’s Business Ownership (OWBO)

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The Office of Women ’ s Business Ownership ’ randomness ( OWBO ) mission is to enable and empower women entrepreneurs through advocacy, outreach, education, and support. Since it was established in response to an executive orderliness in 1979, OWBO has provided train, rede, technical aid, access to credit rating and capital, deoxyadenosine monophosphate well as marketing opportunities to women. Attachment

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