ByNWBC Council

Challenging definitions and telling her stories

On October 11, 2017, the National Women’s Business Council released a new report, “Necessity as a Driver of Women’s Entrepreneurship: Her Stories.” This report is an extension of the report released by the NWBC in July 2017, “Necessity as a Driver of Women’s Entrepreneurship,” which challenged the notion that entrepreneurship is born from one of two realities: severe economic need or an innovative idea to disrupt the market. The NWBC research recognized these motivations and the entrepreneurship that results from them (typically referred to as “necessity” or “opportunity” entrepreneurship) but suggests that this traditional binary does not fully capture the range of reasons individuals—especially women—become business owners. NWBC’s work expands the traditional definition of necessity entrepreneurship to include a range of factors that might influence a woman’s decision to start a business and introduces a theoretical model to illustrate this expanded definition.

 

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ByNWBC Council

Necessity as a Driver of Women’s Entrepreneurship: Her Stories

Report cover

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NWBC’s latest report, Necessity as a Driver of Women’s Entrepreneurship: Her Stories, explores and expands upon NWBC’s July report on necessity as a driver of women’s entrepreneurship in the United States.

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ByNWBC Council

NWBC August 2017 Public Meeting and Launch of the NWBC Solutions Labs (Recap)

The National Women’s Business Council’s August 2017Public Meeting – the last Public Meeting for Fiscal Year 2017 — served as an opportunity to share with stakeholders the breadth and depth of the most aggressive research portfolio that the Council has undertaken to-date; to provide updates on NWBC research projects that were still in-progress, including:  Hispanic women business enterprises, veteran women business ownership, necessity entrepreneurship, crowdfunding, and survey development;  to announce the Council’s FY2018 research on the horizon; and to share our fourth quarter public engagement efforts.

 

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ByNWBC Council

National Women’s Business Council Report Finds Hispanic Women Entrepreneurs Are Untapped Engine of Economic Growth

Hispanic women entrepreneurs generate $97 billion in revenue, but have the potential to grow significantly with access to more resources

Washington, DC – In correlation with National Hispanic Heritage Month, the National Women’s Business Council (NWBC) released a new report detailing the barriers to success faced by many Hispanic women entrepreneurs, and offering a roadmap of solutions to help unlock their full economic potential. Hispanic Women Entrepreneurship: Understanding Diversity Among Hispanic Women Entrepreneurswas prepared for NWBC by Susana Martinez-Restrepo, PhD, CoreWoman and Geri Stengel, Ventureneer.

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ByNWBC Council

Executive Summary: Hispanic Women Entrepreneurship: Understanding Diversity Among Hispanic Women Entrepreneurs

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This executive summary offers a synopsis of our report, Hispanic Women Entrepreneurship: Understanding Diversity Among Hispanic Women Entrepreneurs. For the full report, please refer to it on our website here under “Issues & Research”.

ByNWBC Council

Hispanic Women Entrepreneurship: Understanding Diversity Among Hispanic Women Entrepreneurs

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It was estimated that there were 1.9 million Hispanic women-owned firms in the United States in 2016, employing 550,400 workers and generating $97 billion in revenues.[1] The number of Hispanic women entrepreneurs grew at a faster rate than any other group – 137 percent between 2007 and 2016. [2] With the United States Census Bureau projecting the number of Hispanic women to nearly double by 2050 and for Hispanic people to become the number-one minority group in the United States, the growth rate in the number of Hispanic women-owned businesses is expected to continue to surge.[3]

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ByNWBC Council

NWBC Solutions Lab – Bismarck, ND

NWBC Solutions Lab – Bismarck, ND: Engaging Bismarck’s Entrepreneurial Ecosystem in Support of Women Entrepreneurs

Please join the Council on August 24, 2017, from 3:00pm ET-3:45pm ET, on Facebook Live for the fireside chat between Council Member Kari Warberg Block and Senator Heidi Heitkamp, member of the Senate Committee on Small Business and Entrepreneurship during the NWBC Solutions Lab – Bismarck, ND: Engaging Bismarck’s Entrepreneurial Ecosystem in Support of Women Entrepreneurs. Visit the NWBC Facebook page at 3:00pm ET to tune in  →  https://www.facebook.com/NWBCgov. 

We look forward to your participation!

Event Date:
Thursday, 24 August 2017 –
3:00pm to 4:00pm
ByNWBC Council

What do Dell’s WE Cities & NWBC Entrepreneurial Ecosystem Model tell us: “It’s all about the Network”

The number of women entrepreneurs in the United States continues to grow at an accelerated rate.  According to the 2012 U.S. Census Survey of Business Owners and Self-Employed Persons, there are 9.9 million women entrepreneurs who bring in about $1.6 trillion in revenue. In order to continue this remarkable progress, the U.S. needs to create and sustain the environments that will allow women business owners to thrive.

 

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ByNWBC Council

The Impact of Gender Bias on Funding for Women Entrepreneurs

Say you want to open a new business. You have a great idea, an amazing pitch, and a flawless business plan. You decide to go see a group of venture capitalists to try and get funding. The same day, a man pitches his idea for a similar business. He’s around your age and is also quite qualified and well-prepared. They ask him about his five-year plan. They ask you about potential obstacles. He gets to talk about his brand vision; you are forced to defend your business model. When they discuss your meetings, they mention your good looks, but emphasize that he is a competent innovator. Unfortunately for you, he gets funding and you don’t. 

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ByNWBC Council

Call for Applications: NWBC Fall Fellow (Fall 2017) – DEADLINE EXTENDED

National Women’s Business Council Fall Fellow (Fall 2017)

Background

The National Women’s Business Council (NWBC) is searching for a college/university undergraduate or graduate student to join the team for a fall fellowship with a ten week minimum term beginning mid-September 2017 (flexible start date).

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