A Message from MWBC's Managing Director

   As the Maryland Women's Business Center (MWBC) celebrates our 
   five-year anniversary, we are excited to share with our stakeholders 
   and friends updates on all of our past achievements, initiatives, and 
   current goals.
 
   Statistics indicate that women entrepreneurs start businesses at more
   than twice the rate of men. In its 2014 State of Women-Owned     
    Businesses Report, American Express OPEN estimates that, in the   
   past year alone, women have opened 500,000 net new businesses   
   and  that women-owned firms now represent 30 percent of all firms. 
   However, this impressive milestone is not matched with job
   generating  enterprises.
 
Additional research from an Aspen Institute study shows that African Americans and Latinos frequently encounter barriers that limit business ownership and growth, including lower levels of financing, lower levels of education and business experience, and lack of market access. These studies indicate that not only being a woman, but being a minority woman has a host of challenges that impede business success.
 
Therefore, our goal is to ensure we provide the best services to women entrepreneurs and help more than 1,500 women per year to explore, start and/or expand women-owned enterprises positioned for long-term growth in our community. We expect these women to create 50 new businesses and support 75 new jobs, access at least $100,000 in capital, generate $25 million in gross revenues ($62,500 in gross revenue per business), and increase their profits by 10% or $2.5 million with our help.

However, none of this can be achieved without the support of our staff, funders, volunteers, and resource partners. During our five-year anniversary kick-off breakfast on November 5th, I mentioned that we have a fundraising goal to raise $100,000 by October 2016. As we ask for your pledge to "Step Up for Women Entrepreneurs," I am confident that we will reach, or even exceed that goal, providing us with the crucial funding we need to maintain operations, expand our geographic reach, and diversify our program offerings. Step up today in showing your commitment to women entrepreneurs.

Cheers to success!
Kiesha

Fifth Anniversary Breakfast
Thanks to everyone who attended our fifth anniversary kick-off breakfast on November 5, 2015. 
We enjoyed gathering clients, volunteers, sponsors, and supporters who have made Maryland Women's Business Center what it is today! We are especially thankful for the donations we received as part of our "Step Up for Women Entrepreneurs" campaign to raise $100,000 by October 2016.  Press Release
Resources for Women Entrepreneurs

Women-Owned and Working It! Certifications & Business Opportunities for Woman-Owned Enterprises workshop on Friday, December 4, 2015 from 10:00am -1:30pm.
Step Up for Women Entrepreneurs!
The region has been praised as one of the  best cities for women entrepreneurs to live and work, yet deep cuts have been made to small business funding. In honor of #GivingTuesday on Tuesday, December 1, we have a goal to raise $5,000 to continue providing invaluable business support resources to our clients. Help us reach our goal, and step up for women entrepreneurs! #StepUp4MWBC
StartRight! 2012 Winner Appears on "Great Day Washington"
To kick off our fifth annivesary, Anne Balduzzi of SameGrain discussed tips for making the perfect business pitch, and encouraged women entrepreneurs to check out Maryland Women's Business Center's resources, workshops, and StartRight! Business Plan Competition. Click here to watch the full interview.
Call for MWBC Client Success Stories!
Have you landed a new contract, hired new employees (part-time or full-time), and/or received funding for your business?  We want to celebrate the economic impact you're making as a woman entrepreneur. Please email your success stories to MWBC's Marketing & Communications Manager, Jacqueline Lara at jacqueline@marylandwbc.org.