Published on February 11, 2009 by davidguide
photo credit: ahinsajain
In the world of business, women are considered to be a minority regardless of their race. Many government contracts and business arrangements require that a minimum percentage of business transactions be handled using minority owned businesses. For this reason, getting a business certified as woman-owned can be advantageous and open up new markets for goods and services. But, who offers certification and how does one get her business certified as woman-owned?
The Nation Women’s Business Owners’ Corporation (NWBOC) is the first organization to offer a certification program for woman-owned businesses. The NWBOC is a non-profit organization created in 1995 to provide assistance to woman business owners in competing for government and corporate contracts. Their Women’s Business Enterprise (WBE) certification program is one step in this process. (more…)
Published on January 30, 2009 by davidguide
photo credit: TheeErin
During the 1975 UN Women’s Conference a remarkable concept was born, the concept of a women’s Bank, dedicated to empower women through small microloans that would benefit the whole family. Five women from five continents realised that to defeat poverty women had to be empowered to run their own business within the community in which they live. The businesses would be small in concept but would make a collective difference to the whole village or community, because they would have more services and facilities. Not only that the theory behind empowering women was the fact they women would work harder for their children and also educate their children and the long term effects could be more worthwhile than giving men the money.
Women’s World Banking (WWB) was officially launched as a non profit in 1976, and it helped to provide in some cases the first mobile phone to a village, thereby improving communications and creating a viable business for very little money. (more…)
