Did you know that until 1988 in some states women needed a male relative to cosign business loans?
Well times have changed. Since the Women's Business Ownership Act was passed by Congress to eliminate such laws and create support programs, women have been taking the business world by storm. That is why, each October, the National Women's Business Council celebrates this milestone legislation and honors the hard work of women across the country through National Women's Small Business Month.
In the past 30 years the number of woman-owned businesses in the United States has soared to nearly 10 million. In fact, according to the 2016 State of Woman-Owned Businesses Report, women are starting businesses at a rate five times the national average. Notably, women of color comprise nearly 80% of that surge, making them the fastest growing group of entrepreneurs.
Get involved and check out these awesome local organizations supporting women in small business.
- Colorado Women's Chamber of Commerce - Provides opportunities and visibility for women in business through relationship development, education, mentorship, partnership and alliances.
- Women Who Startup - Provides a network, a platform, multiple sources of collaboration and rapid-learning to female entrepreneurs.
- Mi Casa Women's Business Center - Offers entrepreneurial training, individual business counseling, technology training and networking opportunities.
- Sistahpreneurs - Provides Black female entrepreneurs with a supportive sisterhood and road map to profitability.