SBA administrator Guzman announces new business for women
Washington, October 27, 2021 (GLOBE NEWSWIRE) – The U.S. Small Business Administration Administrator Isabella Casillas Guzman today announced the launch of a new Women’s Business Center (WBC) in Rochester, NY, which will be operated by the Urban League of Rochester, NY, Inc. (ULR). The new center will be dedicated to helping small, women-owned businesses in upstate New York start, grow and grow their businesses.
“The SBA is committed to helping advance opportunities for all, including for our underserved entrepreneurs who have been disproportionately affected by the pandemic,” said Administrator of the SBA Isabella Casillas Guzman. “Women and people of color are launching businesses at the highest rates, but face historic barriers to their growth and resilience. With the launch of each new Women’s Business Center, we are advancing fairness and focusing the necessary resources on building strong businesses.
From day one, President Biden has emphasized a whole-of-government approach to prioritize fairness. Under the leadership of Administrator Guzman, the continued expansion of the SBA’s WBCs will play a critical role in addressing historical inequalities and barriers, in addition to filling the gaps in opportunity so that more potential entrepreneurs Americans can establish links, find resources, secure access to capital and pursue transformation opportunities.
“An essential part of our office’s mission is to support the development and growth of women entrepreneurs, especially those who have been historically underserved,” said Natalie Madeira Cofield, Assistant Administrator, Office of Women’s Business Ownership, US Small Business Administration. “As a native of Rochester, NY, I know this region has experienced economic challenges that make the expansion of our network and its services within this community very necessary and vital. We look forward to continuing to do our part to help grow the small business ecosystem, creating opportunities for women in business. “
To operate the new WBC, ULR will receive a renewable grant of $ 150,000 per year. ULR was founded in 1965 as a non-profit community affiliate of the National Urban League, providing advocacy and direct services to low-income and minority people in the Rochester metropolitan area and surrounding counties. Its mission is to empower African Americans, Latinos, the poor and other underserved communities to achieve economic autonomy, parity and power, as well as civil rights. ULR has been providing business development services for over 30 years.
New Rochester WBC to become SBA 140e Women’s Small Business Center to provide one-on-one counseling, training, networking, workshops, technical assistance and mentorship to women entrepreneurs on a variety of business development topics including business start-up, financial management, marketing and supply. To find other WBC locations and additional SBA resources, visit www.sba.gov/tools/local-assistance.
About the Office of Women Business Owners
Since its creation in response to a decree in 1979, the Office of Women Business Owners (OWBO )’s mission is to empower women entrepreneurs through advocacy, awareness, education and support. To learn more about SBA’s programs and services for women entrepreneurs, visit www.sba.gov/femmes.
About the United States Small Business Administration
The Small Business Administration of the United States is making the American dream of becoming a business owner a reality. As the only resource and voice for small businesses backed by the strength of the federal government, the SBA gives entrepreneurs and small business owners the resources and support they need to start, grow or grow their businesses, or grow their businesses. recover from a declared situation. disaster. It provides services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov.