Celebrating Hispanic Heritage Month - SBA Office of Women's Business Ownership

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Office of Women's Business Ownership - September 23, 2021

u s small business administration
Natalie M. Cofield


Dear Enterprising Women in Business Community:

As we celebrate Hispanic Heritage Month, SBA’s Office of Women's Business Ownership (OWBO) continues its hard work of support to women entrepreneurs across the country.  Last week it was my honor to make the historical announcement of two new Women Business Centers in Puerto Rico along with SBA Administrator Isabella Casillas Guzman. These centers will provide women all around the Island with critical support needed to thrive in their markets. Last week was also National Small Business Week, of which OWBO and women business owners were front and center with events highlighting what the agency is doing to support women entrepreneurs during this difficult time. This is just the beginning of all that OWBO has planned to help our women thrive in business.  

Please stay connected to learn more about all our upcoming events and announcements.

Regards,

Natalie Madeira Cofield

Natalie Madeira Cofield
Assistant Administrator
U. S. Small Business Administration

SBA Celebrates National Hispanic Heritage Month

Hispanic Heritage Month Graphic


Happy #HispanicHeritageMonth! SBA celebrates the impact Hispanic entrepreneurs have had on the U.S. economy. According to the State of Latino Entrepreneurship 2020 report from the Stanford Latino Entrepreneurship Initiative:

  • Latinos are starting businesses at a faster rate than the national average across almost all industries.
  • Before the pandemic, Hispanic-owned employer businesses generated nearly $500 billion in annual revenue and employed 3.4 million people.

Learn More


SBA's Office of Women's Business Ownership recognized American Business Women's Day

Photo of three people at a desk with the following text, American Business Women’s Day, September 22, 2021. The SBA logo is at the bottom.


SBA’s Office of Women’s Business Ownership empowers women entrepreneurs through advocacy, outreach, education and more.  #AmericanBusinessWomensDay

Learn More

 


SBA Announces Awardees for Two New Women’s Business Centers in Puerto Rico

Puerto Rico visit with all three Women's Business Centers


On September 13, SBA announced two Women’s Business Centers in Puerto Rico, hosted by Ana G. Méndez University, Gurabo Campus (UAGM-Gurabo) and Friends of Puerto Rico. The two new Women's Business Centers, along with the existing Puerto Rico Women's Business Center, Centro Empresarial para la Mujer, hosted by the Sila M. Calderón Foundation and the Center for Puerto Rico, will increase opportunities and recovery solutions for women entrepreneurs throughout the Island.

Puerto Rico Visit


SBA  Administrator Isabel Guzman, along with Natalie Cofield, Assistant Administrator for the Office of Women’s Business Ownership, visited with former Governor Sila M. Calderón, founder of Sila M. Calderón Foundation and Center of Puerto Rico, host for the Women's Business Center, Centro Empresarial para la Mujer.


National Small Business Week Virtual Summit- Watch the Video Recordings On Demand

All of the recorded webinars from the National Small Business Week Virtual Summit are now available. The Summit featured webinars and panel discussions on trends within the workforce, women's capital access, eCommerce and best practices for small businesses. The event also featured guest speakers like Jennifer Lopez, Mark Cuban, José Andrés and others. 

Watch Today


SBA's Office of Advocacy Annual State Profiles for Each State's Small Business


SBA's Office of Advocacy provides a snapshot of each state’s small businesses. The profiles gather the latest federal economic data into state-by-state snapshots of small business health and economic activity.  

This year’s profiles focus on state small business dynamics and employment, including questions like:  

  • How many small businesses are in my state? 
  • How many people do small businesses employ? 
  • How many jobs do they create? 
  • How many establishments opened and closed? 
  • What demographic groups own the smallest businesses? 
  • How much do small businesses export? 

Learn More


Businesses Rely on Census Bureau Statistics for Economic Development

Businesses owners looking at a laptop, small businesses, hubzone photo

The United States Census Bureau statistics help small business owners make sound decisions by identifying potential customers and locating the competition. 

Trade associations, chambers of commerce, and businesses rely on this information for economic development, business decisions, and strategic planning.

Read about four real-life examples and discover useful tools to help your businesses and organizations make sound decisions.

1. Opening a New Small Business – A Bike Shop in Portland, Oregon

2. Re-evaluating an Existing Larger Business – A Utility Truck Manufacturer

3. Promoting Economic Development – A Government Grant Writer in Ohio

4. Emergency Response - Emergency Management Officials in South Florida

Learn More 


SBA microloans


Through the SBA's Microloan Program, small businesses and certain nonprofits can borrow up to $50,000 for startup and expansion costs. The average microloan is about $13,000. Learn more about the program and how to apply for a microloan.

Learn More


Text: Help businesses fully reopen. Get vaccinated. Find vaccines near you at vaccines.gov. Illustration: businesses on main street


Eligible businesses that allow employees to get a COVID-19 vaccine can receive a tax credit. Partner with a vaccine provider to host an on-site vaccination clinic. | Find a vaccine provider.


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