MEET THE NATIONAL WOMEN’S BUSINESS COUNCIL
WASHINGTON, D.C., April 16, 2019 — The National Women’s Business Council (NWBC) announces its new Council members.
“I’m pleased to welcome the many accomplished women business owners and several amazing leaders of national women’s organizations to the NWBC,” said Liz Sara, NWBC Chair. “We truly represent a diverse group of companies, industries and geographies as we seek to address the challenges we face in starting and growing companies. The many new voices on our Council, like the Vinetta Project’s Founder and CEO, will play an important role in communicating the needs and challenges of female founders as we formulate our recommendations to policymakers later this year. Collectively, our Council is ready to tackle action-based results. We are entrepreneurs at heart and do-ers in practice.”
For the past 30 years, the Council has served as the federal government’s only independent voice for women entrepreneurs, paving the way for increased growth in opportunity for women’s business enterprise. Today, women-owned firms comprise an estimated 40 percent of the country’s businesses, with a growth rate nearly five times faster than all other privately held businesses over the last 10 years. Without constant vigilance and continued advocacy, these gains would not have been possible. NWBC works to ensure that the voices of women entrepreneurs are heard and amplified, and continues to promote policies that provide opportunities for women business owners.
As a new Council takes shape, NWBC looks to focus its advocacy efforts on Women in STEM, Rural Women’s Entrepreneurship, and Access to Capital and Opportunity. NWBC remains committed to advocating for women in business and expanding opportunities for women business owners and their enterprises.
The roundtable was looking to discuss challenges that rural women business owners face in setting up and running businesses. National Women’s Business Council Chair Liz Sara said that she was very happy with the turn out for the event.
“I’m very excited about the large turnout that we had from women business owners around Iowa, not just in Pella and the representation that was exhibited through the varied companies that they own and that they are currently running,” said Sara
Sen. Ernst agreed and said the event was a great way to bring together women leaders.
“The women’s small business roundtable was wonderful and a really great opportunity to meet so many women leaders throughout the community that really do have that great entrepreneurial spirit and talk about some of the challenges that they have had and … how they’ve turned those into opportunities,” said Ernst.
Sara said the roundtable was an important way to help the National Women’s Business Council better understand the unique challenges that women business owners face in rural areas.
Check out the full article here: https://www.journalexpress.net/news/local_news/ernst-attends-roundtable-in-pella/article_e8f79fde-51a5-11e9-a319-e3e59a615971.html
NWBC Chair Liz Sara goes In Depth with Dr. Bob Leonard on KNIA-KRLS to discuss the challenges and opportunities that women in rural communities face. NWBC and Senator Joni Ernst (R-IA)convened over 15 local women business owners in Pella, IA at Central College on Thursday, March 21, 2019.
Last week, in recognition of National Women’s History Month, the National Women’s Business Council (NWBC) hosted a Small Business Roundtable in Pella, Iowa with Senator Joni Ernst, NWBC Chair Liz Sara, Council member Barbara Kniff-McCulla, Owner of KLK Construction, and over fifteen local women business owners.
The roundtable began with NWBC Chair Sara welcoming Senator Ernst and the fifteen women business owners, representing various business sectors from construction and manufacturing to an online floral business and a brewery owner. NWBC was honored to have Senator Ernst join the conversation, where she discussed her work on the U.S. Senate Committee on Small Business & Entrepreneurship and outlined her legislative priorities including increasing sole source contracting opportunities and paid family leave. Senator Ernst also touched on workforce training efforts and opportunity zones.
The highlight of the afternoon was a fireside chat between Senator Ernst and Council member Kniff-McCulla. They discussed topics ranging from broadband access to digital commerce and infrastructure. Kniff-McCulla remarked on the importance of the roundtable “for our rural community of Pella, to have a variety of women’s business owners sitting around the table, being able to tell their stories, and we appreciated Senator Ernst being a part of this.”
The discussion developed into introductions of the various small business owners and representatives from the Small Business Administration (SBA), the SBA’s Office of Advocacy, the National Association of Women Business Owners (a representative of which also serves on the Council), Women’s Business Centers, and Small Business Development Centers. It was an incredible collection of women, all with unique stories of their own. The roundtable conversation also explored topics such as access to capital and markets, crowdfunding, technology, and infrastructure.
With an estimated 12.3 million women-owned firms, 89,000 of which are located in Iowa, NWBC recognizes the unique contributions that women-owned businesses make to the economy and remains committed to continuing to advocate for a platform to expand and improve opportunities for women business owners and their enterprises. This Women’s History Month, NWBC was intent on highlighting and exploring the successes and opportunities that rural women entrepreneurs.
NWBC will be releasing a research report on rural women’s entrepreneurship in May of 2019. Preliminarily, the report finds that despite the declining rate of entrepreneurship in rural areas, there remains great opportunities for women’s entrepreneurship. The Council looks forward to highlighting and sharing those successes, and making accompanying policy recommendations to the President, the Congress, and the SBA.
Check out @NWBC Executive Director Nina Roque’s segment on Montgomery Municipal Cable Channel 16 The Next Word with Christine Warnke. She discusses NWBC policy priorities and the impact that women business owners have on #WomensHistoryMonth.
NWBC Chair Liz Sara Commemorates Black History Month.
We are pleased to share the Council’s Annual Report for Fiscal Year 2018, “Journey to 30”
The National Women’s Business Council’s (NWBC) 2018 Annual Report commemorates its 30th anniversary year, provides the findings, conclusions, and policy recommendations of the Council, and expresses NWBC Chair Liz Sara’s vision for 2019.
The National Women’s Business Council (NWBC) has released the ‘Profile of Millennial Women: The Future of Entrepreneurship in America’ identifying the characteristics of millennial women entrepreneurs and crafted a set of policy recommendations to foster business growth among this demographic.
The National Women’s Business Council has released the ‘Profile of Millennial Women: The Future of Entrepreneurship in America’ identifying the characteristics of millennial women entrepreneurs and crafted a set of policy recommendations to foster business growth among this demographic.
Whether it is eating turkey and stuffing on Thanksgiving, standing in enormous lines for the deals of Black Friday, or spending hours in front of the computer screen on Cyber Monday, the next few days will be bustling with consumer spending. This year, Small Business Saturday on November 24, 2018 is wedged between Black Friday and Cyber Monday. Created in 2010, Small Business Saturday recognizes the importance of entrepreneurs and small businesses in the community and encourages consumers to shop local.
Over the past eight years, the network of support for small businesses has grown tremendously. Every year, local Chambers of Commerce, business associations, and other small business champions join in on an effort to promote and encourage people to shop local on Small Business Saturday. The National Women’s Business Council (NWBC), the federal government’s only independent voice for women entrepreneurs, understands the importance of this day and has been committed to advocating for women-owned businesses for the past three decades. According to The State of Women-Owned Businesses Report, this year there are an estimated 12.3 million women owned firms in the U.S. accounting for 40% of all businesses. That means 4 out of every 10 businesses in the United States are now women-owned. Consumers should shop local women-owned firms on Small Business Saturday to ensure continued economic growth for women entrepreneurs.
After almost eight years of celebrating Small Business Saturday, consumers have invested about 85 billion dollars in small businesses, and these firms comprise 4.8 trillion dollars of the nation’s Gross Domestic Product according to the Small Business Economic Impact Study (AMEX). The study also found that when a consumer shops at a local business, an average of 67 cents per dollar stays within the local economy unlike an average of 43 cents for large corporations. Small businesses also employ many residents from the local community, thus increasing their community’s overall economic growth through higher profits and lower unemployment. Consumers’ local impact during the busy holiday shopping season can be a game changer. Further, every dollar spent at small businesses creates an additional 50 cents in local business activity as a result of employee spending and businesses purchasing local goods and services.
Although Small Business Saturday only occurs once a year, it is important to shop local all year round. Women across the country continue to break barriers and blaze trails in all industries, and NWBC encourages you to support the women pioneers in your business community. Shopping in your local community will increase revenue, create jobs, and ensure that the smaller ventures have a chance to compete in the larger market. On Small Business Saturday in 2017, the sales and foot traffic for local small businesses decreased. For this upcoming Small Business Saturday on November 24, 2018 consider all the positive benefits to your community.