Women-Owned Businesses Generate $1.4 Trillion in Sales

COLUMBIA, S.C., May 7, 2018 /PRNewswire-USNewswire/ -- The U.S. Small Business Administration has announced a new grant opportunity for a Women's Business Center and is seeking a host organization to provide business counseling, training, and additional resources to women entrepreneurs in the state of South Carolina.

The Women's Business Center grant funding opportunity will provide $150,000 for an eligible, nonprofit organization to help establish a new Women's Business Center in South Carolina.

"The funding of a new Women's Business Center in South Carolina will expand women's access to resources to help their businesses succeed," SBA Assistant Administrator Kathy McShane said. "We know that when women get help in the early stages of forming their businesses, they are more likely to succeed. We are encouraging organizations to come forward to provide small business assistance for women entrepreneurs, who are an engine for economic growth."

The SBA Women's Business Centers are a national network of more than 100 centers that offer one-on-one counseling, training, networking, workshops, and mentoring to women entrepreneurs on numerous business development topics. These include business startup, access to capital, international trade opportunities, marketing and federal contracting.  During fiscal year 2017, the WBCs provided assistance to nearly 150,000 entrepreneurs, which resulted in 17,000 new business starts.

By expanding the Women's Business Center program into South Carolina, the SBA is reinforcing its commitment to expand its assistance and resources to women entrepreneurs.  The Women's Business Center will provide in-depth business training and counseling for women looking to start or grow their business.

"Women are an economic powerhouse to the South Carolina small business community, yet data shows there is still a gap in the resources women entrepreneurs receive. Establishing a Women's Business Center in the state is one of the ways the SBA seeks to work with local partners to level the playing field for women-owned small businesses," SBA South Carolina District Director Gregg White said.

Eligible applicants must be private, nonprofit organizations with 501(c) tax-exempt status from the U.S. Treasury/Internal Revenue Service and must provide services to the population within the state of South Carolina.  Such a nonprofit organization may include a university foundation, a chamber of commerce, or an economic development institution. 

To submit an application for this grant opportunity:

• Go to the www.grants.gov portal and type "OWBO" in the keyword search to pull up the grant announcement for South Carolina.     

Applications must be submitted via grants.gov by the grant deadline, Monday, June 11.

Direct any questions about the WBC funding opportunity to the SBA's Office of Women's Business Ownership (OWBO) via email at [email protected].

Interested organizations can also attend a Bidders Conference information session on Thursday, May 17, at 11 a.m., at the Columbia Chamber of Commerce, 930 Richland St., Columbia, SC.

About the U.S. Small Business Administration

The U.S. Small Business Administration makes the American dream of business ownership a reality. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start and grow their businesses. It delivers services to people through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov.

Contact: Savannah Wilburn, (803) 253-3121,
[email protected]

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Release Number: 18-22

SOURCE U.S. Small Business Administration