The administrator of U.S. Small Business Administration Isabella Casillas Guzman announced availability of $1.5 million for 10 new grant opportunities for established Minority Serving Institutions aspiring to host a Women’s Business Center (WBC) to provide local outcome-oriented business services for women entrepreneurs.
The announcement came in connection to celebrations related to Black History Month.
“Our efforts to help establish more Women’s Business Centers at Minority Serving Institutions across America will not only deliver on the Biden-Harris administration’s priority to invest in equity but also will help more women entrepreneurs—one of the most energetic, innovative and fastest-growing segments of our small business economy—drive America’s strong recovery and Build a Better America,”Administrator Guzman.of the U.S. SBA
Women’s Business Centers
WBCs provides women a connection with SBA’s most valuable resources including:
- Access to capital
- Professional networks
- Skills training for business growth and resilience
“Under the leadership of Administrator Guzman, the Office of Women’s Business Ownership continues to work to advance the priorities of the Biden-Harris Administration. Our office looks forward to supporting initiatives to ensure that multicultural women and the academic institutions that support them across the nation, have access to resources and support to advance entrepreneurial opportunities and preparation,”Natalie Madeira Cofield, Assistant Administrator, U.S. Small Business Administration.
The SBA’s WBC network provides one-on-one counseling, training, networking, workshops, technical assistance, and mentoring to women entrepreneurs.
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