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

Rep. Antonio Delgado Honored with Chamber of Commerce’s Enterprise Award
Congress
Rep. Antonio Delgado Honored with Chamber of Commerce’s Enterprise Award
July 6, 2020
by Reece Nations

WASHINGTON - The U.S. Chamber of Commerce recognized Rep. Antonio Delgado, D-N.Y, with its yearly Spirit of Enterprise Award for his support of business-friendly initiatives in the first session of the 116th Congress. The chamber has rated members of Congress based on how they vote on... Read More

Rep. Lizzie Fletcher Receives Multiple US Chamber Honors for Leadership, Enterprise
Congress
Rep. Lizzie Fletcher Receives Multiple US Chamber Honors for Leadership, Enterprise
July 2, 2020
by Reece Nations

WASHINGTON - Rep. Lizzie Fletcher, D-Texas, received multiple honors from the U.S. Chamber of Commerce last week for her efforts on behalf of small business and her constituents.  Fletcher, who was elected to represent Texas’ 7th Congressional District in 2018, serves on the House Transportation &... Read More

Majority Want Businesses to Offer Workers Paid Sick Time for COVID-19, Poll Finds
Opinion Polls
Majority Want Businesses to Offer Workers Paid Sick Time for COVID-19, Poll Finds
July 1, 2020
by Dan McCue

WASHINGTON - A majority of Americans said they would feel safe patronizing a business or restaurant if they knew those who worked there were guaranteed paid sick leave if they came down with COVID-19, a new poll shows. The latest Back to Normal Barometer survey conducted... Read More

Justices Hold Booking.com Can Trademark Its Name
Business
Justices Hold Booking.com Can Trademark Its Name
June 30, 2020
by Dan McCue

WASHINGTON — A nearly unanimous Supreme Court said Tuesday that the travel website Booking.com can trademark its name, a ruling of high significance to other companies using a generic word followed by ".com." as a name. Lower courts had sided with Booking.com, but the Trump administration... Read More

Americans Are Actually Drinking Less During the Pandemic
Research
Americans Are Actually Drinking Less During the Pandemic

During the coronavirus pandemic, people are drinking less. (Yes, you read that correctly.) While the masses are buying more booze from grocers and liquor stores to drink at home, that hasn’t been enough to fill the gaping hole created by declines in shipments to restaurants, bars... Read More

Wealthy Hospital Taps Small Craft Breweries for Financial Aid to Buy Masks, Gloves
Business
Wealthy Hospital Taps Small Craft Breweries for Financial Aid to Buy Masks, Gloves

WOODBRIDGE, Va. — As Inova Health System sought donations in March to buy personal protective equipment for its staff to treat COVID-19, Zach Mote, a police officer turned brewer, came to their aid. Even though his Water’s End Brewery taproom in this Washington, D.C., suburb had... Read More

News From The Well
scroll top