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Resources For Women Business Owners Expand


Women-owned businesses are driving the American economy by producing more and more jobs for American workers. The U.S. Small Business Administration (SBA) reports that women-owned businesses continue to grow at twice the rate of all U.S. businesses.

There are 9.1 million women-owned businesses. They account for 38 percent of all businesses, employ 217.5 million workers and generate $3.6 billion in revenues. A report from the Center for Women’s Business Research shows that one in 18 U.S. women is a business owner.

“No business group in America is moving faster or more efficiently than women-owned businesses; they are doing a fantastic job contributing to our economy and creating jobs,” says Hector V. Barreto, administrator of the SBA.

As women-owned businesses expand, the resources available to help them succeed are increasing, too. Government agencies, organizations and associations are all deploying Web sites and programs to address the needs of women business owners.

That’s good news for women entrepreneurs who are searching for access to capital, health care coverage, contracting opportunities and other business services.

But navigating the maze of resources can be confusing, especially for fast-moving, entrepreneurial businesses that need answers now, not later. As a starting point, check out the resources listed below.
 

What You Can Do


If you’re a woman business owner, turn to these online resources:

  • The SBA and the U.S. Department of Labor launched a new Web site, www.women-21.gov, to help women business owners find more of the federal resources they need. Highlights of the Web site feature up-to-date information on key issues for women entrepreneurs, including:

    • Access to capital

    • Health care for small businesses

    • Government procurement and contracting opportunities

    • Retirement security

    • Technology

  • The National Women’s Business Council (NWBC), www.nwbc.gov, is a bi-partisan policy advisory body that serves as an independent source of advice and recommendations to the president, Congress, the SBA and others on economic issues of importance to women business owners. The Council’s mission is to promote initiatives, policies and programs designed to support women’s business enterprises at all stages of development.

  • Through the Women’s Business Enterprise National Council, you can get certified as a Women’s Business Enterprise. Go to www.wbenc.org and click on “Certification” in the left column.

  • The SBA Online Women’s Business Center, www.onlinewbc.gov, offers resources for networking as well as information about business basics such as financing and marketing.

  • The National Association for the Self-Employed (NASE) has launched a Women’s Advisory Council and a Women’s Entrepreneurship Initiative to specifically address issues of importance to women who own micro-businesses (10 or fewer employees). Find out more at the association’s Web site, www.nase.org.


     

 
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