Investing in Women Entrepreneurs Isn't Charity

Stamford has long been a place willing to embrace new ideas and bring people together to make them work. I know firsthand how powerful that can be.

Nearly 30 years ago, Fran Pastore was searching for a different path. After years of commuting to New York City, she wanted more time with her two daughters and began exploring the idea of starting her own business. 

Discover how she went from a 'kitchen cabinet" group of people to co-founding the Women's Business Development Council (WBDC) in Connecticut.

Entrepreneurship Is the Next Women's Movement

According to president and CEO of the Women's Business Development Council Fran Pastore, entrepreneurship is the next women's movement.  She refers to it as living in the moment.

Between 1997 and 2013, the number of women-owned businesses in the United States increased by 59 percent, compared to 41 percent for all new businesses in the United States, a rate of almost one and a half times the average. Despite this growth, and that women-owned businesses account for 30 percent of all U.S. businesses, they receive only 4 percent of all federal procurement dollars.

Pastore supports the Women's Business Ownership Act of 2014. The act focuses on promoting women-owned small businesses through three areas:

1. Increasing small-business counseling, technical assistance and training
2. Increasing federal procurement opportunities
3. Improving access to capital

Learn more about the Next Women's Movement on Nov. 13 at WBDC's annual business breakfast, "Connect, Grow, and Influence: Women with Impact."  Paula Zahn will moderate a panel discussion with female business leaders who are at the forefront of women's entrepreneurship. Learn more at www.ctwbdc.org