The federal government has met its 23% small business procurement goal for the first time since 2005. The U.S. Small Business Administration (SBA) has released the FY2013 Small Business Procurement Scorecard, reporting that 23.39% of all contracts or $83.1 billion of all federal small business eligible contracting dollars were awarded to small businesses for fiscal year 2013.
Today, more than 300 women gathered this afternoon for the Senate Small Business and Entrepreneurship Committee's hearing on women-owned businesses, filling the largest Senate hearing room to capacity. The National Women's Business Council released the following statement:
This week, the National Women’s Business Council (NWBC) will be participating in an array of events focused on advancing economic gains for women entrepreneurs. The NWBC continues to be a leading voice on issues of importance to women entrepreneurs and will utilize its platform to advocate for women’s increased access to capital, access to markets, job creation, and data collection of women’s economic impact. Take a look at the NWBC’s upcoming involvement:
Today, the U.S. Women’s Chamber of Commerce released a report on women’s economic priorities outlining current economic conditions along with federal budget and policies to support women’s economic priorities. The National Women’s Business Council released the following statement:
In honor of Independence Day, the National Women’s Business Council (NWBC) released the following statement:
A new development to advance women business owners was unveiled during this year’s Women’s Business Enterprise National Council (WBENC) conference. This groundbreaking initiative will highlight products made by women-owned companies and more importantly alert shopping consumers with a visible women-owned logo marked on product packaging. The initiative and logo were created out of a WBENC, WEConnect International and Walmart collaboration. The National Women’s Business Council released the following statement in support of the new women-owned retail logo:
This week U.S. Senators Jeanne Shaheen (D-NH), Maria Cantwell (D-WA) and Kirsten Gillibrand (D-NY) introduced legislation to encourage women’s business ownership and give women-owned small businesses (WOSBs) more opportunities to win federal contracts. The National Women’s Business Council released the following statement in support of The Women’s Small Business Procurement Parity Act of 2014:
On June 25th, the National Women's Business Council (NWBC) will hold its quarterly virtual meeting to give insights on its efforts in advancing the women’s entrepreneurship agenda. The focus of the upcoming meeting is womens’ access to capital, one of the NWBC’s four main pillars. During the virtual meeting you will hear from an array of prominent women-in-funding, including:
Today, the Small Business Administration (SBA) announced a groundbreaking initiative to address undercapitalization, a challenge facing America’s underserved small business owners. Beginning July 1, lenders will no longer have to perform an analysis of cash flow or debt-service coverage on loans of $350,000 or less, thereby eliminating two burdensome requirements. Using the new SBA scoring tool, banks will be incentivized to underwrite more small-dollar loans, and reduce the time needed to originate a small-dollar loan by as much as 50%.
NWBC Public Meeting: Innovative Strategies for Women to Raise Capital