by / Wednesday, 03 December 2014 / Published in Uncategorized


AWBC Urges You to Support Your Local Women-Owned Businesses



[WASHINGTON, DC] – October marks a very important milestone for women and for the U.S. Small Business Administration (SBA). This month, the Association of Women’s Business Centers (AWBC) will celebrate National Women’s Small Business Month and the 26th anniversary of the signing of the Women’s Business Ownership Act of 1988 that established the Women’s Business Center Program and the National Women’s Business Council.


According to Marsha Bailey, AWBC Board Chair, “The expanded opportunities created from the Women’s Business Ownership Act have given women entrepreneurs increased access to counseling and training, capital, and contracts.”


Women are helping to drive economic growth and create jobs.  In the 2014 State of Women-Owned Businesses Report commissioned by American Express OPEN and conducted by Womenable, these important findings were released:

  • It is estimated that there are nearly 9.1 million women-owned enterprises, employing nearly 7.9 million workers and generating over $1.4 trillion in revenues.


  • Between 1997 and 2014, the number of women-owned firms grew at 1½ times the national average. And revenue and employment growth among women-owned firms tops that of all other firms—except the largest, publicly traded corporations.


  • Since 1997, the growth in the number and economic contributions of firms owned by women of color is nothing short of remarkable. Comprising just 17% of women-owned firms 17 years ago, firms owned by women of color now account for 32% women-owned firms in the U.S.
  • The states with the fastest growth in the number, employment and revenues of women-owned firms since 1997 are North Dakota, the District of Columbia, Nevada, Arizona, Georgia, Wyoming, Virginia, Maryland, Texas, and Utah.


Since the inception of the WBC program, all kinds of women have come to WBCs for help—disabled women, divorced women, unemployed women, homeless women; single mothers, grandmothers; women who’ve escaped from political oppression and from violent husbands, They have been caregivers and caterers, dog groomers and dog trainers, clothing designers, and web designers. They have also been doctors and lawyers, artists and teachers, veterinarians, therapists, corporate executives, and PhDs. These are the women we celebrate this month.


Please join the AWBC and support your local women-owned small businesses.


About AWBC

The AWBC works to secure economic justice and entrepreneurial opportunities for women by supporting and sustaining a national network of over 100 Women’s Business Centers in both rural and metropolitan communities.   WBCs provide services including training, business counseling and access to capital to a broad range of female entrepreneurs across the socio-economic spectrum.