Women’s Business Centers and Their Success
SBA’s Office of Women’s Business Ownership (OWBA) has been established at locations throughout the country to offer guidance to aspiring female entrepreneurs.
In Boston, the Center for Women & Enterprise (CWE) has been established with support from SBA. It has operational centers in Nashua, NH, Providence, RI, and Worcester, MA.
The CWE is a huge supporter of SBA small business loans meant for women. These loans provide loans with low-interest rates, which many women would normally be disqualified for. The CWE assists female entrepreneurs by helping them understand and apply for these loans. Through this, they hope that the women find the right equipment financing resources and attain the rate of growth of the business they were hoping for.
The success of the Women’s Business Centers
In the voice of SBA, those women who use the services provided by the agency have a high probability to succeed in their entrepreneurial ventures. They claim that more than 33,500 entrepreneurs have successfully progressed with their business since the CWE was founded in 1995. For women looking to acquire education or credit-based financing options, the SBA’s Office of Women’s Business Ownership is a great place to begin.