In accordance to statistics from the US Census Bureau, in 2019 1.2 million women were enterprise owners.
But with a total of 5.7 million enterprise owners within the US in 2019, women-owned companies represented 20.9% of the pie, in response to Adji Fatou Diagne, Research Economist with the Heart for Economic Reviews, US Census Bureau.
About 3/4s of these women enterprise owners were white women. Diagne cited one other sobering statistic: from 2018 to 2019, the proportion of Shadowy or African American women owned companies dropped from 12.3% to a few.6%.
The National Women’s Industrial Council hosted a webinar Would possibly perhaps well 3, to detail resources on hand to women who own or need to own a enterprise. In accordance to NWBC senior policy e book Sandra Mayoral Pedroarias, the Council advises the White Dwelling, Congress and the Exiguous Industrial Administration.
Presenters incorporated Diagne, and Candace Waterman, Women Impacting Public Policy (WIPP); Pam Prince-Eason, Women’s Industrial Project National Council (WBENC); and Karen Bennetts, board member of the National Affiliation of Women Industrial Householders(NAWBO).
National Women’s Industrial Council Highlights Purpose of Women in Exiguous Industrial
Right here’s what we learned. All these organizations work collectively to give records and aid for women enterprise owners.
Right here’s what they set:
Women Impacting Public Policy (WIPP), Candace Waterman
WIPP advocates for women entrepreneurs, with a particular specialize in women govt contractors. Waterman stated that thru WIPP guidance, women can “demystify world economics” and navigate a chain in federal contracting.
Their core is ACE: advocacy, community and education. Waterman described WIPP’s dual characteristic:
- Industrial – Abet women own non-public and public sector alternatives, own in mind joint ventures and strategic alliances.
- Advocacy – Know policy makers, steal with them and form relationships.
Women’s Industrial Project National Council (WBENC), Pam Prince-Eason
The most necessary focus platform for WBENC is CORE.
Certification, Alternatives, Sources and Engagement. WBENC does certification for Women Industrial Enterprises for the federal govt, and moreover affords the Women Owned rate, which can be current on packaging and in marketing.
Prince-Eason stated that there are at show 18,000 certified women enterprise enterprises, alongside with 400 corporate participants and 14 regional partner organizations. Programs offered by WBENC embody govt education, networking and engagement and pitch alternatives.
National Affiliation of Women Industrial Householders (NAWBO), Karen Bennetts
NAWBOs roots are in advocacy, Bennetts stated. Women enterprise owners turn out to be fragment of a various and inclusive membership, the assign they’re impressed as emerging entrepreneurs and assisted in accessing capital, the usage of a community of monetary mavens.
Thru webinars and training, NAWBO’s focus is to make stronger the women-owned enterprise panorama by:
- Changing the enterprise tradition
- Reworking public policy
- Forming strategic alliances, coalitions and affiliations
- Constructing their wealth-surroundings up ability
A key focus for NAWBO is to own a “micro-enterprise” definition, for the duration of the definition of a minute enterprise as at show current by federal agencies.
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Image: nwbc
