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Today, the Small Business Administration (SBA) announced a groundbreaking initiative to address undercapitalization, a challenge facing America’s underserved small business owners. Beginning July 1, lenders will no longer have to perform an analysis of cash flow or debt-service coverage on loans of $350,000 or less, thereby eliminating two burdensome requirements. Using the new SBA scoring tool, banks will be incentivized to underwrite more small-dollar loans, and reduce the time needed to originate a small-dollar loan by as much as 50%.
NWBC Public Meeting: Innovative Strategies for Women to Raise Capital
NWBC Chair to Keynote Crowdfunding Webinar
Crowdfunding: A Key Resource in Advancing Women’s Access to Capital
Today, the National Women’s Business Council Chair Carla Harris will keynote a crowdfunding webinar hosted by Business Forward— an organization well known for bringing more than 3,000 business leaders to the White House to brief the President's economic advisors. On May 27th at 3:30pm Business Forward will host a Crowdfunding webinar targeting start-ups and women-led businesses.
Every year since 1963, the U.S. Small Business Administration honors our nation’s entrepreneurs and small business owners through its annual National Small Business Week. This year’s National Small Business Week will be held May 12th-May 16th. Throughout the week SBA and partners will highlight America’s outstanding entrepreneurs and small business owners through a multi-city tour.
The National Women’s Business Council (NWBC) released the following statement commemorating National Small Business Week:
(Washington, DC) — Today, the National Women’s Business Council (NWBC) announced its new Executive Director: Amanda Brown. Amanda was most recently the National Political Director for Rock the Vote. She is a Forbes 2014 30-under-30 recipient and has previously served as an Advisor for Strategic Planning to the U.S. Department of Energy Secretary Steven Chu.
As Mother’s Day approaches the National Women’s Business Council (NWBC) is honoring Mother’s Day in conjuction with StartUpNation by celebrating our nation’s top 100 leading moms in business. In tribute to mom-entrepreneurs, StartUpNation will be highlighting astonishing moms in business with their 6th annual Leading Moms in Business competition.
In honor of National Equal Pay Day, the National Women's Business Council released the following statement from the NWBC Chair Carla Harris:
"It is important to focus on pay equality for women as it has implications for women’s entrepreneurial growth and the nation’s job growth.
WASHINGTON –The National Women’s Business Council (NWBC) applauded the approval of legislation that would remove financial limits placed on contracts awarded to women business owners.
NWBC/WIPP PARTNER’S MEETING
“OUR COLLECTIVE VOICE”
July 19, 2012
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