as a husband, a father of a young daughter, the proud brother to 6 sisters, and having served alongside dedicated women in the military, I have seen first-hand the role that women play in economically strengthening American society. And this is why I rise today to support H.R. 2397, the SBA Women's Business Programs Act of 2007. Despite their significant contributions, women who work full time, year round, still only make 77 cents for every dollar made by their male counterparts, and women business owners, particularly those from socially and economically disadvantaged backgrounds, face significant challenges resulting from inadequate community resources. Such resources include lack of access to capital, training resources, and networks of assistance. Today, women-owned firms are one of the fastest growing, successful small business sectors. The number of women-owned firms has increased at nearly double the rate of all firms, and those with socially and economically disadvantaged backgrounds have grown at twice the rate of their counterparts and 6 times the rate of all U.S. firms. As the number of women entrepreneurs grows, particularly those from underserved communities, I believe it is critical that women have adequate and appropriate resources to prepare them for success in the marketplace. To that end, H.R. 2397 proposes to expand the agency's commitment to the Women's Business Centers (WBCs).
Editor's note · Context
Supporting the SBA Women's Business Programs Act of 2007 and addressing challenges faced by women entrepreneurs.
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