Making It Legal:

The small business mentor's guide to entrepreneurship and law

By Nina Kaufman

Women’s Business Ownership Act Turns 20

Last week, Small Business Adminsitration executives celebrated the anniversary of the passage of the Women’s Business Ownership Act of 1988.  According to an SBA press release, the pioneering legislation, also known as H.R. 5050, created the SBA’s Office of Women’s Business Ownership, the SBA’s Women’s Business Center (WBC) program, and the National Women’s Business Council (NWBC), which serves as an independent source of advice and counsel on economic issues of importance to women business owners.

The news release underscores the fact that:

SBA’s Women’s Business Center program, administered by its Office of Women’s Business Ownership, promotes the growth of women-owned businesses by providing business training and technical assistance, helping with access to credit and capital, and identifying federal contract and international trade opportunities. The program provided business counseling and training assistance to 148,106 individuals during fiscal year 2007.

This entry was posted on Thursday, September 18th, 2008 at 10:03 am and is filed under Legislation. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.




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