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In accordance with statistics from the US Census Bureau, in 2019 1.2 million girls have been enterprise homeowners.
However with a complete of 5.7 million enterprise homeowners within the US in 2019, women-owned companies represented 20.9% of the pie, in keeping with Adji Fatou Diagne, Analysis Economist with the Middle for Financial Research, US Census Bureau.
About 3/4s of these girls enterprise homeowners have been white girls. Diagne cited one other sobering statistic: from 2018 to 2019, the share of Black or African American girls owned companies dropped from 12.3% to three.6%.
The Nationwide Girls’s Enterprise Council hosted a webinar Might 3, to element assets out there to girls who personal or need to personal a enterprise. In accordance with NWBC senior coverage advisor Sandra Mayoral Pedroarias, the Council advises the White Home, Congress and the Small Enterprise Administration.
Presenters included Diagne, and Candace Waterman, Girls Impacting Public Coverage (WIPP); Pam Prince-Eason, Girls’s Enterprise Enterprise Nationwide Council (WBENC); and Karen Bennetts, board member of the Nationwide Affiliation of Girls Enterprise Homeowners(NAWBO).
Nationwide Girls’s Enterprise Council Highlights Function of Girls in Small Enterprise
Right here’s what we realized. All these organizations work collectively to supply data and help for girls enterprise homeowners.
Right here’s what they do:
Girls Impacting Public Coverage (WIPP), Candace Waterman
WIPP advocates for girls entrepreneurs, with a particular concentrate on girls authorities contractors. Waterman mentioned that by WIPP steering, girls can “demystify world economics” and navigate an area in federal contracting.
Their core is ACE: advocacy, group and schooling. Waterman described WIPP’s twin position:
- Enterprise – Assist girls seize non-public and public sector alternatives, take into account joint ventures and strategic alliances.
- Advocacy – Know coverage makers, interact with them and develop relationships.
Girls’s Enterprise Enterprise Nationwide Council (WBENC), Pam Prince-Eason
The main target platform for WBENC is CORE.
Certification, Alternatives, Assets and Engagement. WBENC does certification for Girls Enterprise Enterprises for the federal authorities, and in addition supplies the Girls Owned emblem, which can be utilized on packaging and in advertising and marketing.
Prince-Eason mentioned that there are presently 18,000 licensed girls enterprise enterprises, together with 400 company members and 14 regional companion organizations. Packages supplied by WBENC embody govt schooling, networking and engagement and pitch alternatives.
Nationwide Affiliation of Girls Enterprise Homeowners (NAWBO), Karen Bennetts
NAWBOs roots are in advocacy, Bennetts mentioned. Girls enterprise homeowners turn out to be a part of a various and inclusive membership, the place they’re inspired as rising entrepreneurs and assisted in accessing capital, utilizing a community of monetary professionals.
Via webinars and coaching, NAWBO’s focus is to enhance the women-owned enterprise panorama by:
- Altering the enterprise tradition
- Reworking public coverage
- Forming strategic alliances, coalitions and affiliations
- Constructing their wealth-creating capability
A key focus for NAWBO is to have a “micro-business” definition, inside the definition of a small enterprise as presently utilized by federal companies.
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Picture: nwbc
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