NWBC Celebrates Women's History Month

National Women’s Business Council

NWBC Celebrates 
Women's History Month

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March is Women's History Month!

NWBC celebrates women-owned business owners, entrepreneurs, and organizations throughout this month.

Some key pre-pandemic numbers to note:

  • More than 1.6 million companies are owned by women! 
  • Women-owned businesses employ nearly 9 million people and generate $1.7 trillion in sales as of 2017. 
  • One in five firms with revenue of $1 million or more is women-owned
  • 5.4 million of firms are majority-owned by women of color in the U.S. and they employ 2.1 million people and generate $361 billion in revenues annually. 

Reference: American Express The 2019 "State of Women-Owned Businesses"

Also see "By The Numbers" section in NWBC's FY 2021 Annual Report

Stay tuned for what the Council has in store for this month. 


SAVE THE DATE

OWBO SUMMIT

 

The Office of Women's Business Ownership (OWBO), in partnership with the Nasdaq Entrepreneurial Center (NEC) will be hosting a virtual Women's Business Summit from March 29 - 30th honoring Women's History Month. This virtual summit will include panels, keynotes, fireside chats and 'Ask an Expert' sessions. 

 

Register Here

 


Statement by SBA Administrator Guzman Observing Women's History Month 2022

Administrator Isabella Casillas Guzman head of the U.S. Small Business Administration (SBA) and the voice for America's 32.5 million small businesses in President's Biden's Cabinet issued the following statement to commemorate Women's History Month.

Read Full Statement 

 


ICYMI

NWBC & NEC hosted a Roundtable on February 4th, 2022

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On February 4th, 2022, the National Women’s Business Council (NWBC) together with the Nasdaq Entrepreneurial Center (NEC) convened women business owners and entrepreneurs, government officials, resource partners, and other key stakeholders to address the ongoing challenges many BIPOC women entrepreneurs and founders continue to face when attempting to access equitable financing opportunities to fund a new or growing business.

The roundtable discussion centered on identifying barriers to BIPOC (Black, Indigenous, People of Color) women’s entrepreneurship, and more specifically, focused on identifying innovative approaches and best practices that may be leveraged to increase equitable access to traditional as well as non-dilutive financing opportunities, including by taking into consideration new criteria, which accounts for women BIPOC founders’ legitimate and important “lived experiences.”

 

View Recording     Read Full Recap

 


Articles to Note: NWBC Mentioned in Forbes 

Federal SBIR/STTR Grants Are Helping A Latina Founder Bring A Respiratory Device to Market 

 

"It is critical that all SBIR/STTR participating federal agencies recommit to taking innovative, actionable steps to ensure greater representation of women entrepreneurs, including women of color, across America's Seed Fund programs and also report out with disaggregated data by race and gender," said Tené Dolphin, executive director, National Women's Business Council. "We really have to first reimagine the application peer-review process by intentionally and thoughtfully sharing information about available open slots and selection criteria for peer reviewers to create a pipeline of women who play a significant role in making STTR/SBIR awards. Equally important is requiring agency-developed outreach plans that prioritize and include minority women entrepreneurs, not just as peer reviewers, but also award recipients, coupled with impact reports that include disaggregated data."

 

Read Full Article 

 


About the National Women's Business Council

The National Women's Business Council (NWBC) is a non-partisan federal advisory committee created to serve as an independent source of advice and policy recommendations to the President, Congress, and the U.S. Small Business Administration on economic issues of importance to women business owners. To learn more, please visit: www.NWBC.gov.