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Count Me In for Women's Economic Independence

Much has been made of the increase in women-owned businesses. And much has been made of the disparity in venture funds being invested in women-owned businesses, with vague references about how women choose to grow their businesses more slowly and don't ask for the money as frequently (easily?) as men. All statistics to make us feel positive about women-owned businesses.

But now a study undertaken by the SBA shows something very different. Eight-seven percent of women sole-proprietorships have revenues of less than $50,000. Only 2.7 percent of women-owned sole proprietorships produced $200,000 and above annually.

Nell Merlino, Co-Founder, President & CEO of Count Me In for Women's Economic Independence, is trying to get these businesses to think bigger. Through its Make Mine a Million $ Business program, Count Me In provides access to business loans, consultation and education. Using a unique women-friendly credit scoring system, Count Me In makes loans of $500 to $10,000 available to women across the United States. The organization also provides access to networks that expand contacts, markets, skills and confidence.

Women helping women. It works for me!

Gillian Parrillo
SacWomen

Can you digg it? add to sk*rt

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