On the recordApril 26, 2022
And I rise in support of H.R. 6441, the Women's Business Centers Improvement Act of 2022. Women's Business Centers, WBCs, support over 150,000 women entrepreneurs each year through training, mentoring, business development, and financing opportunities. This legislation, H.R. 6441, will bring increased oversight to the WBC program and long overdue modernizations. This legislation improves collaboration with the SBA's Office of Women's Business Ownership and requires the SBA to provide an annual report to Congress to measure the effectiveness of the WBC program. We have found that we have got some problems with some of the WBC offices, and this legislation will help weed out the bad actors by requiring SBA to develop policies and procedures to reduce the possibility of awarding grants to a WBC that will likely not remain in compliance with the program. This important legislation will not only ensure the integrity of the WBC program, but also support female entrepreneurs in their business ventures. {time} 1430
Source
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