Three New Fact Sheets

ByNWBC Council

Three New Fact Sheets

We have three new great fact sheets up. Learn more about:

Access to CapitalLack of access to capital continues to be a barrier for women-owned businesses. On average, women start their business with half as much capital as men ($75,000 vs. $135,000). Women-owned and men-owned high growth potential firms experience larger disparities in capital at the time of founding ($150,000 vs. $320,000).

Supplier Diversity: Corporations use supplier diversity programs to strengthen their supply chains by cultivating the marketplace of women-owned, minority-owned, veteran-owned and LGBT-owned vendors. These programs originated as government initiatives to foster the use of underutilized historically disenfranchised businesses.

Reasons to Invest in Women: Women-owned firms are a vital component of the economy.  As of 2012, the United States had approximately 9 million privately-held women-owned firms. Firms owned by women are responsible for approximately$1.4 trillion in sales. 11.7% of these firms have employees other than the owner, and these firms employ 7.8 million people. There are many reasons we should invest in and support the growth of women-owned and women-led ventures. Here are our top 5.

We hope you enjoy them. Please let us know your thoughts.

About the author

NWBC Council editor

The National Women’s Business Council (NWBC) is a non-partisan federal advisory council created to serve as an independent source of advice and counsel to the President, Congress, and the U.S. Small Business Administration on economic issues of importance to women business owners.