Women’s Entrepreneurship Program
Women’s business ownership, especially among women of color, is the fastest growing segment of our economy: Women are starting small businesses at a higher rate than men, and their businesses are generating jobs and business revenues above the national average. Equity investments in women-owned businesses perform better than male-owned businesses, and female business owners reinvest profits back in their communities at higher rates than men. Supporting female entrepreneurs, particularly women of color, will unlock tremendous growth for their women and their communities, and our economy as a whole.
Despite progress among women business owners, the playing field for women remains far from level. In fact, women-owned businesses make only about 25 cents for every dollar their male counterparts earn. Many factors continue to work against women entrepreneurs, among them less access to capital, fewer assets to use as collateral at start-up, fewer angel investors and venture captialists willing to take a risk on them and a lack of networks and mentors. Working women are greatly impacted by a lack of policies that promote their economic security, such as paid family and medical leave, paid sick days, retirement benefits and affordable child care, and many of these factors play out in unique ways for women entrepreneurs. That’s why Small Business Majority feels it’s critical we do everything we can to support women’s entrepreneurship.
Introducing the Women’s Entrepreneurship Program
Small Business Majority launched its Women’s Entrepreneurship Program to address the specific needs and resources of female small business owners. Through our online education portal and in-person events and resource partnerships, Small Business Majority is providing women entrepreneurs with the resources and tools they need to succeed. Topics covered by the program include access to capital and responsible lending, mentorship, networking, healthcare, retirement security and wealth building.
We’ll be expanding these resources, so check back regularly for more tips, advice and event opportunities near you.
Want to learn more?
Wealth building and saving for retirement is a crucial topic for women, who typically live longer but save less than men. Female entrepreneurs need tactics to plan for retirement to ensure long-term financial security. Learn how to build your wealth and save for retirement.
Small business owners with access to healthcare are more productive and have a stronger workforce and bottom line. But many entrepreneurs don’t know where to start to find affordable health coverage for themselves or their employees. Get help navigating your healthcare options.
There are many factors to consider before seeking funding for your small business. Venturize offers resources to better understand the lending process, like a loan comparison chart and APR calculator, as well as general resources to grow your business, including articles on federal contracting, marketing and networking. Check out our full suite of tools and information for entrepreneurs at Venturize.org.
We offer in-person workshops and free online presentations throughout the country to help women start a business, access capital, build wealth, navigate health benefits and much more. Find an event near you.