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Women in Entrepreneurship (Blog Post) (view source)
Revision as of 11:49, 8 June 2016
, 11:49, 8 June 2016no edit summary
Other than practical solutions, government also recognized the importance of expanding the role that women-owned businesses play in the national economy and several policies are in place to support women entrepreneurship. The Small Business Jobs Act of 2010 increases the availability for credit and fund for small businesses. It enhances loan provisions and increases loan limits, and a significant share of loans goes to women-owned businesses.[https://www.sba.gov/about-sba/sba-initiatives/small-business-jobs-act-2010] Moreover, SBA implemented the Women’s Equity in Contracting Act to address the lack of opportunities for women-owned businesses and seek to help women obtain more federal government contracts.[https://www.sba.gov/content/sba-releases-final-women-owned-small-business-rule-expand-access-federal-contracting].
We should view women entrepreneurship as an economic issue instead of a gender equality issue. The growth in women-owned businesses, which create more jobs and income, will eventually benefit everyone. Encouraging women to enter into the field of high-growth entrepreneurship would be the United States’ economic driver.
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