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Monica Smiley

Monica Smiley is editor and publisher of Enterprising Women. She serves on the Board of Directors for the Institute of Economic Empowerment of Women (IEEW). To learn more about how you can become a mentor in the Peace Through Business program or donate to the organization, visit www.ieew.org. Contact her at msmiley@enterprisingwomen.com.

State of Women-Owned Small Businesses

State of Women-Owned Small Businesses In conjunction with celebrating National Women’s Small Business month, Dun & Bradstreet and Pepperdine University have released new data showing how women-owned small businesses stack up against the national average for accessing capital.

The Q3 results from the Private Capital Access (PCA) Index show that women-owned businesses are feeling more optimistic for growth compared to other businesses, however they are feeling more restricted when it comes to accessing capital. Other key facts include:

  • ·69% of women-owned businesses are planning to hire in the next six months (compared to 61% national average)
  • ·67% of women-owned businesses are in need of financing due to planned growth (compared to 59% national average)

You an access the full PCA Q3 index report at this link.

Infographic link here

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Be A Mentor

Enterprising Women is a partner in the new Million Women Mentors (MWM) initiative.

The initiative supports the engagement of one million science, technology, engineering, and math (STEM) mentors — women and men — to increase the interest and confidence of young women to pursue and succeed in STEM degrees and careers.

Read the full news release.

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