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Home»Entrepreneur»How does the SBA help women entrepreneurs realize their dreams of owning a business?
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How does the SBA help women entrepreneurs realize their dreams of owning a business?

The Elite Times TeamBy The Elite Times TeamMarch 17, 2024No Comments3 Mins Read
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SBA Female
of #female-owned The Small Business Program helps women compete for and win government contracts. To get certified: https://wosb.certify.sba.gov

March 17, 2024 – Written by Claire Eman, Acting Deputy Administrator, Bureau of International Trade and Christina Hale, Deputy Administrator, Bureau of Women Employers. Despite their tremendous growth in recent decades, women entrepreneurs still face countless obstacles when trying to start a new business. These obstacles are either not faced by male entrepreneurs or are easier to overcome. This is where she comes in with the SBA. One of the ways we help women make the leap into business ownership is to help women entrepreneurs and small business owners tap into her SBA counseling and network to help them rebuild and continue to provide leadership. It is to do.

Under Administrator Guzman’s leadership, SBA has invested approximately $70 million to expand the national network of Women’s Business Centers to 47 states and Puerto Rico, bringing the total number of WBCs to 135. And with more WBCs on the horizon, this number is only going to increase. future. The SBA is expanding its reach and through these efforts, the WBC of HBCUs (Historically Black Colleges and Universities), HSIs (Hispanic Serving Institutions), and MSIs (Minority Serving Institutions) The number has also tripled. We are proud to have built the largest ever SBA network serving women entrepreneurs and helping them rebuild and expand.

Our WBC is at the heart of SBA support for America’s women business owners, meeting them where they are and providing them with extensive on-the-ground resources to start, grow, and scale their companies. I am. WBC is critical to achieving the Biden-Harris Administration’s goal of leveling the playing field for all communities in our country and ensuring everyone has the opportunity to succeed and thrive.

We also know that access to digital and online training platforms remains critical to supporting women entrepreneurs. Knowledge is power, and SBA has the Ascent platform, an on-demand online training program specifically designed to help women-owned small businesses scale. Ascent provides practical and tactical information on all aspects of running a small business, including cross-border expansion. Its new “Growing Global” module is designed to help women explore expanding their businesses through international trade.

This is only the first step a woman may face in her journey as a business owner, but it may be the most important. Decisions made early on often make the difference between business success and future expansion.
Source: SBA



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