House Panel Passes Bipartisan Bill Supporting Women Entrepreneurs

October 4, 2019 by Dan McCue

WASHINGTON – A bill introduced by freshman Reps. Sharice Davids, D-Kan., and Jim Hagedorn, R-Minn., and intended to provide women entrepreneurs greater access to resources and training has passed through the House Committee on Small Business without objection.

H.R. 4405, the Women’s Business Centers Improvements Act, authorizes $31.5 million in annual funding for four years for the Women’s Business Centers program.

“Women are the fastest growing sector of entrepreneurs, but many unique challenges still exist for women, particularly women of color, to start and grow a business,” Rep. Davids said.

“By strengthening Women’s Business Centers, we can increase access to vital counseling and technical training services for female entrepreneurs so they can succeed right here in Kansas,” she said.

For his part, Rep. Hagedorn thanked Rep. Davids for her leadership on the issue, and his colleagues on the committee for their support.

“We are one step closer to more effectively promoting women entrepreneurship and empowering a new generation of business leaders to achieve the American Dream,” he said.

The legislation would also raise the cap on individual center grants to $300,000 and index for inflation.

And it establishes an accreditation program, a constructive and transparent process for new center locations, while requiring an annual report be submitted by the SBA to Congress to analyze the effectiveness of the program. 

The Women’s Business Center program was established 30 years ago to help women entrepreneurs succeed, and now there are 150 locations throughout the U.S. which serve over 150,000 entrepreneurs annually.

Sherry Turner, executive director of the Kansas City Women’s Business Center, said women are increasingly exploring entrepreneurship as a pathway to financial self-sufficiency.

“Reauthorizing WBC funding is imperative to our consulting and training programs for women entrepreneurs serving more than 145,000 women entrepreneurs each year,” she said, adding that once H.R. 4405 passes the full Congress and is signed by the president, “women all over the country will have the opportunity to access more of the resources they need to start and grow their businesses.”

 To view the bill, click here.

Business

Panel's Report Blasts Boeing, FAA for Crashes, Seeks Reforms
Transportation
Panel's Report Blasts Boeing, FAA for Crashes, Seeks Reforms

A House committee issued a scathing report Wednesday questioning whether Boeing and government regulators have recognized the problems that caused two deadly 737 Max jet crashes and whether either will be willing to make significant changes to fix them. Staff members from the Democrat-controlled Transportation Committee... Read More

Pregnant Workers Fairness Act Passes Committee, Vote in House Expected
Employment
Pregnant Workers Fairness Act Passes Committee, Vote in House Expected
September 15, 2020
by Reece Nations

WASHINGTON – A vote is expected in the House this week on the Pregnant Workers Fairness Act, a bill that would require employers to provide “reasonable workplace accommodations for workers whose ability to perform the functions of a job are limited by pregnancy, childbirth, or a... Read More

Restaurants Say Reservation Confirmations Are Not Nuisance Robocalls
Supreme Court
Restaurants Say Reservation Confirmations Are Not Nuisance Robocalls
September 14, 2020
by Dan McCue

WASHINGTON - The Restaurant Law Center wants the Supreme Court to overturn a 9th Circuit ruling that effectively classified calls and text messages to confirm dining reservations as nuisance robocalls. The Center, an industry association representing about 1 million restaurant and food service outlets across the... Read More

Black Mechanics Sue Mitsubishi Electric for Harassment, Discrimination in Workplace
Employment
Black Mechanics Sue Mitsubishi Electric for Harassment, Discrimination in Workplace
September 11, 2020
by Reece Nations

OAKLAND, Calif.– Four plaintiffs in a recently-filed California lawsuit allege they endured verbal harassment and discrimination by their supervisors at Mitsubishi Electric U.S., Inc. LeiRoi Bowie, Gabriel Ross, Lavell Roberson and Craig Martin, all plaintiffs in the suit, were consistently forced to do menial labor and... Read More

Spike In Phony PPEs at Peak of COVID-19 Crisis Shines Spotlight on Issue of Illicit Trade
Trade
Spike In Phony PPEs at Peak of COVID-19 Crisis Shines Spotlight on Issue of Illicit Trade
September 11, 2020
by Dan McCue

WASHINGTON - It wasn't unexpected. Counterfeits and knockoffs are all around us, from sneakers to handbags and even cures for the common cold. But a surge in demand for personal protection equipment, not to mention tobacco, alcohol and cleaning products, at the peak of the coronavirus... Read More

Copycat Websites, Newly Minted Companies, Double Dippers Cashed in on PPP Loans
Economy
Copycat Websites, Newly Minted Companies, Double Dippers Cashed in on PPP Loans

A suspicious online university whose curriculum appears to be cut and pasted from a European school, two companies with nearly identical websites and two others with practically no internet presence — all five of these businesses are connected to the same Texas man. And all five... Read More

News From The Well
scroll top