The Journey for Women Entrepreneurs Is Challenging

The journey for women entrepreneurs is challenging and requires strength, grit and perseverance.  If it were easy, all women would be starting businesses.  The SBA knows this and wants to put the wind behind the sails of all women who aspire to take an idea and launch a business.  They work at leveling the playing field for women.

SBA says that knowing the right people can make a world of a difference.

We want to do everything we can to connect women entrepreneurs with the right people so they can spend less time trying to get a seat at the table and more time growing their business.

Learn more about the journey for women entrepreneurs.

Photo courtesy:  Andrew Nael on Unsplash

New Rule Levels Playing Field for Woman-Owned Small Businesses

The U.S. Small Business Administration (SBA) issued on 9/11/15 a final rule authorizing federal agencies to award sole-source contracts to women-owned small businesses eligible for the Woman-Owned Small Business (WOSB) Federal Contract Program. Effective October 14, 2015, the rule levels the playing field for women-owned small businesses across the federal contracting marketplace.

SBA will use this new tool to continue to open doors for women entrepreneurs in the federal and commercial contract space. SBA's efforts include actively promoting women-owned businesses through programs such as ChallengeHER, the Women's Business Centers and InnovateHER, as well as implementing recent changes to its lending program that have made smaller dollar loans more accessible to women, and creating the online portal, LINC, to ease the process of finding capital to grow or start small businesses.

Read more: SBA:  New Authority Will Bolster Women-Owned Small Businesses