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About WIPP AKM

WIPP Programs Manager

Celebrating National Women’s Small Business Month

10mil

by AnnaKate Moeller, WIPP Programs Manager

This October we are particularly excited to celebrate National Women’s Small Business Month because of the release of the results of the 2012 Survey of Business Owners (SBO) and the SBA issuing the final rule on Sole Source Authority. It has been a big year for women in business to say the least.

The theme for this year’s National Small Business Month is “10 Million Strong” recognizing the 2012 SBO results of the nearly 10 million women-owned businesses currently in the United States. This is a 27.5% increase from 2007 survey results, showing that women-owned businesses are growing and in turn boosting the economy.

We also have cause to celebrate as the Small Business Administration issued the final rule improving access to federal contracting opportunities for women-owned small businesses with Sole Source Authority. This rule is expected to be effective and available for use by federal agencies on October 14, 2015.

As we celebrate 10 Million Strong this October, WIPP will be highlighting women business owners on our boards, throughout our member base and networks. Please check out our twitter, Facebook and blog throughout the month to hear the stories of these female leaders.

Introducing Peer-To-Peer Lending: Alternative Funding for Your Small Business

SBA Advocacy- P2P issue brief

The Office of Advocacy is an independent office within the Small Business Administration that is a great source for small business statistics, as well as a voice for small business owners that can express their views and issues to policy makers in DC. Today, the Office of Advocacy released an issue brief on “Peer-To-Peer Lending: A Financing Alternative for Small Businesses”.

To explain a little more, Peer-To-Peer Lending or P2P is a funding model where individual investors give small personal loans online to individuals. The Office of Advocacy describes P2P as a hybrid of crowdfunding and marketplace lending.

The issue brief released today details the funding model and gives a side-by-side view of P2P and traditional small business financing options. It also shows how it could affect small businesses in the future, giving them more opportunity for financial growth.

Read the brief to learn more.

Celebrating Women’s Equality Day

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Each year on August 26th we celebrate Women’s Equality Day, the day women were granted the right to vote when the 19th Amendment to the Constitution was passed in 1920. This day not only commemorates the passage of the 19th Amendment, but it also recognizes the ongoing fight toward full economic equality. While we have made gained some ground with WIPP’s efforts to increase federal contracting opportunities for women, we still have a long way to go with issues such as access to capital, equal pay, and ensuring more women are in leadership roles in the corporate and political spheres.

See below for more resources on Women’s Equality Day:

Please don’t forget to recognize this important day by highlighting it via your social media channels.  Use the hashtag – #WomensEqualityDay to add your voice to the chorus in recognizing the important role women play in our nation.

NWBC Survey Analysis Shows Women-Owned Business Growth Soars

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The National Women’s Business Council has released its analysis of the 2012 Survey of Business Owners and while the growth rate for new businesses has slowed down, that is not the case for women-owned firms. The rate of growth of women-owned businesses is almost FOUR TIMES the rate of businesses owned by men. The results show that there were nearly 10 million women-owned small businesses in the US in 2012, a 27.5% increase since 2007. There is also a huge spike in minority women business ownership. The analysis also shows that In 2012, women-owned firms with employees paid their employees $290.5 billion- a $75.8 billion or 35.3% increase since 2007.

For more information, check out several articles written on the analysis:

Click here to view the National Women’s Business Council Fact Sheet.

It’s Here! WIPP’s National Directory of Women Federal Contractors

WOSB Directory

WIPP is excited to announce the launch of its National Directory of Women-Owned Small Businesses (WOSB) in the federal contracting arena. This directory is a great resource, which allows you to find qualified women contractors across the US. In order to be listed, you must first be a WIPP member and complete the WIPP Federal Contracting Certificate Program, a step-by-step training program for women business owners ready to become more involved in federal contracting or are already an experienced contractor with past performance. If you are looking to fill contract opportunities or are seeking a teaming partner, WIPP’s National WOSB Directory can help you find the highly qualified WOSB contractors with credible past performance to fit all of your contracting needs.

The goal of this directory is to build and promote a list of qualified WOMEN contractors so that at least 5% of federal contracts will be going to women-owned businesses. There are currently over 110 women-owned small businesses in the federal contracting arena listed in the WIPP National Directory. Help us reach our goal and complete the Certificate Program or check out the list today.

Also don’t forget to check out WIPP’s other federal contracting education resources:

For more information about the WIPP Federal Contracting Certificate Program or WIPP’s National WOSB Directory please contact Lin Stuart, WIPP’s Procurement Manager at lstuart@wipp.org.

Share WIPP’s Directory on Twitter: WIPP Launches National WOSB Directory n the Federal Contracting Arena http://bit.ly/1FnlxKp #WOSB #WIPP #FederalContracting #WomeninBizBlog