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Women’s History Month Celebration with SBA and Center for Women & Enterprise, Featuring Joe Kennedy III

Celebrating Women’s Entrepreneurship, Turning Passion into Profits
Release Date: 
Monday, March 26, 2018
Release Number: 
18-10
Contact: 
Norman Eng 617-565-8510

When:      Monday, March 26, 2018  
                   2:30 p.m. to 5:00 p.m.

Where:     Babson College, 231 Forest Street, Babson Park, MA 02457
                   (Winn Auditorium at Olin Hall)

Who:         Joe Kennedy III, United States Congress, Massachusetts
                    Susan Rittscher, President and CEO, Center for Women & Enterprise
                    Dr. Nan Langowitz, Professor of Management and Entrepreneurship, Babson College
                    Wendell G. Davis, Regional Administrator, SBA Region 1
                    Robert H. Nelson, District Director, SBA Massachusetts
 

What:       Female entrepreneurs overcome historic inequities to compete and succeed in the business world. It was only thirty years ago that the Women’s Business Ownership Act eliminated laws requiring male co-signers on women’s business loans and established the Women’s Business Center Program and the National Women’s Business Council. Now, female entrepreneurs make up a growing share of U.S. small business owners.  According to SBA Office of Advocacy’s Issue Brief on Women’s Business Ownership released May 31, 2017:
•    Almost all (99.9%) women-owned businesses are small businesses.  
•    In 2012, women were majority owners of 9.9 million businesses which generated $1.4 trillion in sales and employed over 8.4 million individuals. 
•    In addition, another 2.5 million businesses were equally-owned by women and men, and they accounted for another $1.1 trillion in sales and 6.5 million jobs.
•    As majority and joint business owners, women entrepreneurs generated $453 billion in payroll for 14.9 million workers through over 12.3 million businesses.

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