News

ByNWBC Council

#LetsTalkBusiness Roundtable in San Juan, Puerto Rico

FOR IMMEDIATE RELEASE

Contact:
Temren Wroge
202-738-3523
Temren.Wroge@sba.gov

THE NATIONAL WOMEN’S BUSINESS COUNCIL TO HOLD ROUNDTABLE IN PARTNERSHIP WITH THE PUERTO RICO FEDERAL AFFAIRS ADMINISTRATION 

#LetsTalkBusiness Roundtable will Focus on Issues Impacting Women Entreprenuers

WASHINGTON, D.C., February 5, 2020 – The National Women’s Business Council (NWBC) will hold its first #LetsTalkBusiness Roundtable of the year in partnership with the Puerto Rico Federal Affairs Administration on February 27, 2020 in San Juan.

High-level government officials, U.S. Small Business administration (SBA) resources partners, lenders, women business owners and entrepreneurs, and other key stakeholders will convene to discuss one of the Council’s key policy initiatives: Access to Capital & Opportunity.

The discussion will feature remarks from Puerto Rico Governor Wanda Vázquez Garced and center on issues impacting women business owners and entrepreneurs in Puerto Rico, particularly in the wake of ongoing recovery efforts following devastating natural disasters such as Hurricane Maria and the most recent earthquakes. Participants will also be asked to share with NWBC Council Members in attendance how financial education and creditworthiness impact an entrepreneur’s ability to access credit or capital to start or grow an enterprise. The group will also dedicate some time to exploring these important topics within the framework of recent federal disaster recovery efforts and available lending tools to small business owners.

This Roundtable will serve as the springboard for the Council’s policy recommendations to Congress, the President, and the Administrator of the SBA.

To attend this event, register HERE.

NWBC is an independent federal advisory committee established to provide advice and policy recommendations to the U.S. President, Congress, and the Small Business Administration (SBA) on issues related to women’s business enterprise. In doing so, the Council regularly convenes women business owners and entrepreneurs from across the country to connect their voices to policymakers in Washington, DC.

Media are invited to attend and can RSVP directly to NWBC Communications Manager Temren Wroge at Temren.Wroge@sba.gov.

Event Details:

Thursday, February 27, 2020

 Puerto Rico Convention Center – 100 Convention Blvd. San Juan, PR

9:00 AM – 12:00 PM AST

ByNWBC Council

New WBC Grant Opportunities

FOR IMMEDIATE RELEASE

Contact:
Temren Wroge
202-738-3523
Temren.Wroge@sba.gov

THE NATIONAL WOMEN’S BUSINESS COUNCIL: NEW WBC GRANT OPPORTUNITIES

WASHINGTON, D.C., January 30, 2020 – Today, the U.S. Small Business Administration (SBA) announced a Women’s Business Center (WBC) grant opportunity in the Los Angeles area.This comes as part of an SBA priority to open more doors for women entrepreneurs and increase access to SBA resources in underserved communities.


Earlier this month, SBA also announced a WBC grant opportunity in the state of Maryland. NWBC Council Member Shelonda Stokes attended the roundtable to discuss the upcoming funding opportunity in Baltimore, MD.


“The National Women’s Business Council is encouraged that SBA has chosen Morgan State University, a Historically Black College and University (HBCU) and my alma mater, as the venue to announce a funding opportunity for a new WBC,” said Shelonda Stokes. “Underserved communities and rural areas are lacking in adequate resources for women business owners and entrepreneurs to start and grow their enterprise. It is important that the SBA is working to find ways to connect women to the resources that programs like Women’s Business Centers offer.”

NWBC expressed the following WBC-related recommendations in its 2019 Annual Report:

WBC Grant Allocation

  • SBA should consult with the AWBC when announcing a new WBC funding opportunity and conduct a national market scan to determine sustainable grant opportunities.
  • SBA’s Office of Women’s Business Ownership should allocate any supplementary grant money to high performing WBCs for the specific purpose of providing accessible, offsite trainings in underserved rural communities.
  • The Council recommends that SBA avoid the overcrowding of agency resources in certain urban areas and give first priority for WBC grants to rural communities identified in the market scan. According to the most recent data available, Mississippi and West Virginia are among the top 10 most rural states and do not have WBC grants. These states should have first consideration.

WBC Economic Impact Data

  • Congressionally mandated economic impact data should also include —the average duration of assistance to clients, regions in which the new concerns are located, and whether the women served plan to continue to operate and invest in that specific community.
  • The measure of a WBC’s reach (the number of women served) should be scaled relative to the capabilities, circumstances, and population in that region.
  • SBA should be required to share available WBC data with AWBC and the public.
ByNWBC Council

NWBC Chair In Authority Magazine

There is a project we’re tackling at the National Women’s Business Council that will make a big impact on women entrepreneurs. One, in particular, is our recommendation to Congress to pass a tax credit for angel investors.

ByNWBC Council

Jess Flynn on KIVI Channel 6

McLean’s swearing in ceremony was not the only election-related milestone achieved recently — Idaho also recently saw a swearing in of our first female Lt. Governor, Janice McGeachin.

“From saying ‘Madam Mayor,’ to recognizing our first female president of our university, and first female presidents of major corporations,” said Flynn. “there’s this phrase, that says, ‘You can’t be what you can’t see.’ And whether that is in the media, on the screen, or at the biggest seats of power in our city and our city, it’s huge to see yourself reflected back.”

With momentous occassions like these, it’s easy to see how far we’ve come — and how far we still have to go.

“And hopefully also this will be a domino effect of more women follow in those positions, and it won’t be an odd thing that we have to mark as ‘the first,’ because it just becomes the norm.”

ByNWBC Council

INVESTING IN WOMEN-OWNED BUSINESSES

FOR IMMEDIATE RELEASE

Contact:
Temren Wroge
202-738-3523
Temren.Wroge@sba.gov

THE NATIONAL WOMEN’S BUSINESS COUNCILISSUES POLICY RECOMMENDATIONS ON INVESTMENT IN WOMEN-OWNED BUSINESSES

WASHINGTON, D.C., January 16, 2020 – In its new Annual Report, the National Women’s Business Council (NWBC) has issued policy recommendations on angel investment tax credits with the aim of incentivizing new investments in women-owned firms.

Read More

ByNWBC Council

NWBC Chair Reveals Unique Side of Being an Entrepreneur

This region now has more than 10 angel investor groups with high net worth individuals, many of whom are former entrepreneurs, that invest their own money in the next big idea from tech to tea.

ByNWBC Council

3 Mission-Driven Women Entrepreneurs Share What Inspired Them to Start

“Women’s pursuit of social entrepreneurship can be an important engine for the economy, particularly in the United States,” according to a 2017 report by the National Women’s Business Council.

ByNWBC Council

December 2019 Newsletter

The Council Released Its 2019 ANNUAL REPORT

WASHINTON, D.C., January 10, 2019 – Last month, the National Women’s Business Council (NWBC) submitted its 2019 Annual Report to the President, the Senate Committee on Small Business and Entrepreneurship, the House Committee on Small Business, and the Administrator of the Small Business Administration.

“As the report findings and policy recommendations demonstrate, while we have made significant legislative and economic strides in advancing a new generation of women entrepreneurs, much work still lies ahead,” said Sara. “That is why the work of the Council continues to be vital. In 2020, we will continue our efforts with a laser focus on our three overarching issues areas of primary importance.”