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Women’s Enterprise Development:
A View From Across the Pond
Julie R. Weeks
Womenable
Before the “Big Bang”
▲Incomplete
knowledge
▲Lack of policies,
programmes
▲One women’s
business association
Tremendous Progress Seen
Over Past 25 Years
▲Growing research data,
statistics
▲Explosion in # women’s
business associations
▲Transformation in view:
WOBs as customers,
suppliers
Growth in Number of Women-Owned Firms
Exceeds National Average
Employment/Revenue Growth Tops All But Largest Companies
American Express OPEN/Womenable estimates as of 2013, based on 1997-2007 data from US Census Bureau.
What Employment Growth There’s Been
Since 2007 Has Come From Publicly-Traded
Corporations ... AND Women-Owned Firms
American Express OPEN/Womenable estimates as of 2013, based on 1997-2007 data from US Census Bureau.
NOTE: Estimated job growth in this chart is for private sector, non-farm employment only, so does not include such public sector jobs as government & universities.
+5.3 million
+5.9 million
-569,000
+175K
-635K -46K
Women-Owned Firms Lead Sector Growth
in 8 of Top 13 Industries
Continue Trend of Diversification Across Sectors
American Express OPEN/Womenable estimates as of 2013, based on 1997-2007 data from US Census Bureau.
Firms Owned by Women of Color Driving the Growth in
Number, Economic Clout of Women-Owned Firms
American Express OPEN/Womenable estimates as of 2013, based on 1997-2007 data from US Census Bureau.
Number of $10M+ Women-Owned Firms
Up Nearly 57% Over Past Decade
American Express OPEN/Womenable estimates as of 2012, based on new, previously unpublished 2002-2007 data from US Census Bureau.
We are Entering into a Period of
Climate Change
▲WBC, NWBC programs under
threat
▲CWBR defunct
▲Decline in funding
▲WOBs growing, but gaps still
remain
WBC Trend Indicative of Entire
Women’s Enterprise Movement
Fast Growth Early, Now at a Plateau
#ofClientsAnnually
? ? ? ?
Data courtesy of US SBA
Year
Lessons Learned
▲Policy necessary but not
sufficient (self-reliance/DIY)
▲Harmonic advocacy critical
(many voices)
▲Celebrate our unique styles
of leadership
▲Our best asset is each other
(cooperate, collaborate)
Women’s Enterprise Development:
A View From Across the Pond
Julie R. Weeks
Womenable

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Julie Weeks Women's Enterprise in America

  • 1. Women’s Enterprise Development: A View From Across the Pond Julie R. Weeks Womenable
  • 2. Before the “Big Bang” ▲Incomplete knowledge ▲Lack of policies, programmes ▲One women’s business association
  • 3. Tremendous Progress Seen Over Past 25 Years ▲Growing research data, statistics ▲Explosion in # women’s business associations ▲Transformation in view: WOBs as customers, suppliers
  • 4. Growth in Number of Women-Owned Firms Exceeds National Average Employment/Revenue Growth Tops All But Largest Companies American Express OPEN/Womenable estimates as of 2013, based on 1997-2007 data from US Census Bureau.
  • 5. What Employment Growth There’s Been Since 2007 Has Come From Publicly-Traded Corporations ... AND Women-Owned Firms American Express OPEN/Womenable estimates as of 2013, based on 1997-2007 data from US Census Bureau. NOTE: Estimated job growth in this chart is for private sector, non-farm employment only, so does not include such public sector jobs as government & universities. +5.3 million +5.9 million -569,000 +175K -635K -46K
  • 6. Women-Owned Firms Lead Sector Growth in 8 of Top 13 Industries Continue Trend of Diversification Across Sectors American Express OPEN/Womenable estimates as of 2013, based on 1997-2007 data from US Census Bureau.
  • 7. Firms Owned by Women of Color Driving the Growth in Number, Economic Clout of Women-Owned Firms American Express OPEN/Womenable estimates as of 2013, based on 1997-2007 data from US Census Bureau.
  • 8. Number of $10M+ Women-Owned Firms Up Nearly 57% Over Past Decade American Express OPEN/Womenable estimates as of 2012, based on new, previously unpublished 2002-2007 data from US Census Bureau.
  • 9. We are Entering into a Period of Climate Change ▲WBC, NWBC programs under threat ▲CWBR defunct ▲Decline in funding ▲WOBs growing, but gaps still remain
  • 10. WBC Trend Indicative of Entire Women’s Enterprise Movement Fast Growth Early, Now at a Plateau #ofClientsAnnually ? ? ? ? Data courtesy of US SBA Year
  • 11. Lessons Learned ▲Policy necessary but not sufficient (self-reliance/DIY) ▲Harmonic advocacy critical (many voices) ▲Celebrate our unique styles of leadership ▲Our best asset is each other (cooperate, collaborate)
  • 12. Women’s Enterprise Development: A View From Across the Pond Julie R. Weeks Womenable