Advocacy

10 Essential Steps Start and Grow a Successful Women-Owned Business (2)

Modernize, Fund, and Leverage the WBC Program at SBA to Carry Into the 21st Century

  • Re-authorize the WBC Program for the first time in 20 years.
  • Significantly increase the appropriations funding for the WBC program.
  • Prioritize WBCs as a technical assistance provider in future legislation.

Create Access to Capital Opportunities for Women Entrepreneurs

  • Provide greater access to capital for women entrepreneurs.
  • Leverage the Community Reinvestment Act and State Small Business Credit Initiative (SSBCI) to increase lending.
  • Designate funding for WOSBs in Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs.
  • Incentivize early-stage investment in women-owned companies through federal programs.
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Expand Opportunity for Women-Owned Small Businesses Through Open Government and Foreign Markets

  • Simplify the SBA's WOSB certification process and allow WBCs to certify businesses.
  • Adopt a trade policy agenda that prioritizes small and, by extension women-owned small businesses.

Level the Playing Field By Addressing Longstanding Barriers Women Entrepreneurs Disproportionately Experience

  • Ensure women business owners benefit from tax reform.
  • Make affordable healthcare options available, increase opportunities for federal assistance in childcare.
  • Recognize solopreneurs, and enable entrepreneurs to save for retirement.
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10 Essential Steps Start and Grow a Successful Women-Owned Business (4)

Enable Technology and Innovations to Benefit Women Business Owners

  • Provide clear guidance on breakthrough technologies, expand digital commerce and online marketplaces.
  • Make technology investments and R&D tax deductible for women-owned businesses.

Identify and Establish Gender Parity in Underrepresented Industries

  • Establish solutions for industries where women are underrepresented.
  • Conduct a GAO study to identify industries with disparate representation.
  • Create a national broadband plan, and strengthen programs for women inventors' education and IP protections.
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