13 of the new WBC events will be hosted by a small number of organizations.
WASHINGTON, March 29, 2024 (GLOBE NEWSWIRE) — Today, Administrator Isabel Casillas Guzmanhead of U.S. Small Business Administration (SBA) President Biden’s Cabinet Announces Selection of 17 New Women’s Business Centers, Reflecting the Voice of America’s More than 33 Million Small Businessess (WBC), 13 of which are hosted by established Minority Serving Institutions (MSIs) across 10 states.
“The Biden-Harris administration is experiencing a historic small business boom, with women, especially women of color, filing new business applications at twice the rate of men.” said Director Guzman. “SBA's growing network of Women's Business Centers provides these new and established businesses with resources to help them raise capital to grow, create jobs, and strengthen our economy. As we celebrate Women's History Month, the Biden-Harris Administration is committed to expanding opportunities and leveling the playing field for women and all those who have been underinvested in for far too long. We are proud to further strengthen our efforts to provide a space for ”
SBA's WBC provides women entrepreneurs with one-on-one counseling, training, networking, workshops, technical assistance, and mentoring on a number of business development topics, including entrepreneurship, financial management, marketing, and procurement. Masu. Through SBA's Office of Women's Business Ownership (OWBO), 17 new WBCs, including 13 hosted by MSI, will redirect and grow SBA resources available to diverse entrepreneurs to ensure business success. , to help you navigate.
“Through WBC, the SBA provides practical assistance to women working hard to make their businesses successful.” Said Christina Hale, Deputy Director of the Office of Women Employers. “Women entrepreneurs are leading the way, driving record numbers of small business applications across the country, and SBA's WBC is working to support them through training, technical assistance, and access to credit and capital. We're here to support your efforts. WBC resources can be a game-changer for women who are just starting their businesses and those who are scaling and growing their businesses.”
Under the Biden-Harris administration, America is enjoying a historic small business boom, with more than 16.8 million new business applications filed since President Biden took office. Women are starting businesses in a variety of industries at higher rates than men. Since President Biden took office, total SBA loans to women-owned businesses have increased by 70%. Total lending to women-owned businesses increased by 61%, with total loans exceeding $5 billion in FY23 alone.
Below is the complete list of new WBCs.
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California:
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Pasadena Area Community College District (MSI) – Pasadena, California
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Vermont Slauson LDC, Inc. (MSI) – Los Angeles, California
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New Economics for Women (MSI) – Los Angeles, California
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Florida:
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Hawaii:
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Illinois:
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Puerto Rico Cultural Center (MSI) – Chicago, Illinois
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Women in Business Development (MSI) – Chicago, IL
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Louisiana:
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Ohio:
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Oregon:
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South Carolina:
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Tennessee:
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Texas:
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Virginia:
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Wisconsin:
To find other WBC locations and additional SBA resources, visit www.sba.gov/tools/local-assistance.
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About the Women’s Business Ownership Bureau (OWBO)
The Office of Women's Business Ownership (OWBO)'s mission is to enable and empower women entrepreneurs through advocacy, advocacy, education, and support. Since its establishment in response to a 1979 executive order, OWBO has provided women with training, counseling, technical assistance, access to credit and finance, and marketing opportunities.
For more information about SBA's programs and services for women entrepreneurs, visit www.sba.gov/women. To find other WBC locations and her SBA resources, visit www.sba.gov/tools/local-assistance.
About the U.S. Small Business Administration
The U.S. Small Business Administration helps advance the American dream of business ownership. As the single go-to resource and voice for small businesses backed by the power of the federal government, the SBA helps entrepreneurs and small business owners start, grow, and expand their businesses, and recover from recessions. We will provide you with the resources and support you need. declared a disaster. We provide services through an extensive network of SBA field offices and partnerships with public and private organizations. For more information, please visit www.sba.gov.
CONTACT: Christine Saah-Nazer U.S. Small Business Administration 202-756-0304 press_office@sba.gov
