Sponsored by: U.S. Small Business Administration Operated by:

1. Sponsored by: U.S. Small Business Administration Operated by: The Washington, DC Women’s Business Center DC Women's Business Center

2. Who We Are A business development organization that serves women entrepreneurs in the Washington, DC Capital Region. Advocates for the inclusion of women’s businesses in federal procurement opportunities. A network of business connections and services that support the growth of women-owned businesses. DC Women's Business Center

3. Who We Serve Women executives seeking operational, financial, and/or market assistance to grow their businesses. Women entrepreneurs seeking to formalize their business through business planning and operations assistance. There is a particular focus on assisting economically disadvantaged and minority women entrepreneurs. DC Women's Business Center

4. Services Provided Existing Business Business Assessment Business Growth Support through Counseling & Training Access to Capital Mentoring and Networking Opportunities Start-up Business Business Assessment Business Planning Access to Capital Connection to Mentors DC Women's Business Center

5. SBA WBC Business Profile • SBA Women’s Business Centers serve a broad category of women owned businesses nationwide. • Small businesses with revenues less than $25,000. • Large businesses with revenues over $15 million. • Companies range from sole proprietors to corporations with over 100 employees. DC Women's Business Center

6. DC Women Owned Businesses • Over 50,000 businesses in DC. • Approx. 33% of businesses are woman-owned. • Approx. 5,000 or 10% of all businesses in DC are owned by women of color. • US Businesses Owned by Women of Color • 1.9 million firms are majority-owned (51% or more) by women of color in the U.S. • These firms employ 1.2 million people and generate $165 billion in revenues annually. DC Women's Business Center

7. DC WBC Client Profile • 53% of Clients are in business • Average # of Employees: 5 • Average years in Business: 6.5% • Average Reported Revenue: $505,000 • 62% African American, 27% White, 9% Asian, 2% Native American • Minority women are starting new firms at five times the rate of all other businesses. However, the average revenue of these businesses is less than 25% of that of businesses owned by their White counterparts. DC Women's Business Center

8. Closing the Gap:WOSB Certification The Small Business Act authorizes procurement officers to limit or set-aside opportunities for woman-owned businesses 51% woman ownership For more information: www.sba.gov/wosb DC Women's Business Center

9. Certification Resources Women’s Business Centers: www.sba.gov/wbc Small Business Development Centers: sba.gov Procurement Technical Assistance Centers (PTAC) Small Business Teaming Program: www.ncrc.org Minority Business Enterprise Centers: www.mbda.gov Minority Supplier Diversity Council: www.mnsdc.org SCORE: www.sba.gov DC Women's Business Center

10. Keep in Touch! Samira Cook-Gaines, Director Tel: 202-393-8307 Email: samira@dcwbc.org Online: www.dcwbc.org Like us on Facebook: The Washington, DC Women’s Business Center Follow on Twitter: @TheDCWBC DC Women's Business Center