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Women-Owned Small Business Resources

Women-Owned Small Business Resources

women-owned small business

The Women-owned small business information center includes resources, information and links to assist women with starting or growing their small business. The positive effect that women-owned businesses have on the economy cannot be overstated: according to the 2020 Annual Report authored by the National Women’s Business Council, women-owned businesses represented an estimated 42% of all U.S. businesses (nearly 13 million), employed 9.4 million workers, and generated $1.9 trillion in revenue in 2019.

You can also receive free professional business advice and free or low-cost training from your local Small Business Development Center!

Federal Resources for Women-Owned Small Businesses

Federal Contracting Update: The Biden administration has recently announced major reforms to federal contracting spending for women-owned businesses with the intent to make contracting opportunities more equitable. In past years, women-owned businesses have received less than 5% of available federal-contracting dollars; women-owned businesses run by racial minorities have often received even less. Fiscal year 2022 will look different from previous years, though: the government spending goal for small disadvantaged businesses, which includes businesses run by women, is set at 11 percent. This is part of an initiative to reach an overarching goal of 15 percent by 2025.

Women-Owned Small Business Associations and Organizations

Financial Resources for Women-Owned Small Businesses

Grants for Women-Owned Small Business

SBA’s grant programs generally support non-profit organizations, intermediary lending institutions, and state and local governments in an effort to expand and enhance small business technical and financial assistance. Other federal grant programs generally support non-profit organizations, and state and local governments and are not given directly to small businesses. A list of Federal Grant programs can be found on SBA’s web site at: SBA Funding Programs.

Unfortunately, not all government grant offers are legitimate – bad actors have become sophisticated in their impersonation techniques so grant offers must be carefully vetted. To find out how to avoid these scams, see the Federal Trade Commission’s article about avoiding government grant scams.

In the same vein, some unscrupulous operators sell manuals, workshops and other materials on how to obtain “free money.” To find out how to avoid these scams, see the FTC’s article about coaching program scams.

Other Financial Resources for Women-Owned Small Business

  • 37 Angels – community of angel investors created by women with a focus on women-owned businesses
  • BBG Ventures – funding resource for early-stage companies founded by women
  • Belle Capital – investment firm focusing on companies owned and led by women
  • Female Founders Fund – venture fund that exclusively invests in female-founded companies
  • Women’s Venture Fund – helps women build businesses in urban communities offering mentorship, one-on-one classes and small business loans

Other Resources for Women-Owned Business

  • Diversity Woman Magazine – gendered publication created for minority business owners, executives and leaders
  • eWomen Network, Inc. – helping women and their businesses achieve, succeed and thrive in the new economy through a loyal, dedicated community of women-owned businesses, corporate professionals and entrepreneurs
  • Enterprising Women – magazine dedicated solely to women business owners
  • Forbes Women – articles on work, life, balance, career, leadership, relationships, health, style, beauty, and personal finance
  • Freelance Mom – helps members locate freelance work from home jobs, providing home business ideas, and sharing Internet marketing strategies to help working moms make smart decisions in business
  • Goldman Sachs 10,000 Women – provides business and management education, mentoring and networking, and access to capital for women entrepreneurs
  • Mompreneur – teaches mom entrepreneurs how to manage time, generate business ideas, balance business and family, and grow their businesses
  • Women Entrepreneur – online magazine that provides advice from leading female experts
  • Women in Business – collection of TED Talks on the topic of women in business
  • Women on Business – news and information women need to be successful in the business
  • Women Home Business – trending topics pertinent to women entrepreneurs who own or want to start up home-based businesses

Additional Small Business Resources

Already in business or thinking about starting your own small business? Check out our various small business resources:

Remember, you can also receive free professional business advice and free or low-cost business training from your local Small Business Development Center!

Photo credit: Photo by CoWomen on Unsplash




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