"We are proud that the Women’s Business Center will join NCRC’s two other business development initiatives: the DC Minority Business Enterprise Center and the NCRC Community Development Loan Fund. Together, these programs support not just job creation, but business ownership, particularly among underrepresented populations,” said John Taylor, President and CEO of NCRC.
The DC Women’s Business Center is sponsored by the Small Business Administration and supported by the Washington, DC City Council. It will provide a range of services, training, and counseling to women who are starting new businesses. The WBC will also provide business growth assistance, mentorship, and business opportunities for established women business owners to help them reach the next level of success. The Washington, DC Women’s Business Center expects to provide services to more than 250 entrepreneurs in 2010. The SBA operates 110 Women’s Business Centers across the nation. Business ownership and entrepreneurship are particularly important to cultivate and support among underserved populations, particularly women and minorities. Women-owned firms, for example, account for only 30% of all U.S. businesses.
About the National Community Reinvestment Coalition (NCRC)
The National Community Reinvestment Coalition is an association of more than 600 community-based organizations that promote access to basic banking services, including credit and savings, to create and sustain affordable housing, job development and vibrant communities for America’s working families.