NWBC Entrepreneurial Ecosystem Model

ByNWBC Council

NWBC Entrepreneurial Ecosystem Model

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One approach to understanding the interactions between the actors and processes that support segments of entrepreneurs, such as women entrepreneurs, is the application of an “entrepreneurial ecosystem” framework. NWBC’s entirely new ecosystem model serves as a tool to evaluate regional support of women’s entrepreneurship. The convergence of the domains on women-owned ventures, centrally displayed, demonstrates that actors throughout the ecosystem work together to engage, advise, and drive the growth of women entrepreneurs.

Local government officials, entrepreneurial support organizations, and other stakeholders can adopt this ecosystem model as a guide to evaluate their regional economy’s ecosystem for women entrepreneurs.

About the author

NWBC Council administrator

The National Women’s Business Council (NWBC) is a nonpartisan federal advisory council established to serve as an independent source of advice and policy recommendations to the President, the Congress, and the Administrator of the U.S. Small Business Administration on issues related to women’s business enterprise. The Council is comprised of eight small business owners from across the country, six representatives of national women’s business organizations, and one Chairperson, Liz Sara, who was recently appointed by President Donald J. Trump in August 2018.