Wednesday, July 23, 2014
Citizens of Wilmington, North Carolina, are seeing pink these days -- and it's not elephants! Try a pink towing truck commanded by two female entrepreneurs.
Tonya Thompson and her friend Renee Register found themselves out of work due to layoffs several years ago with no job prospects forthcoming. So they decided to go into business for themselves. But not just any business. They went into the tow truck business, a male-dominated industry. It was a gutsy move, but as Thompson said, "We worked it out, we got it and it was very empowering.”
Sunday, July 20, 2014
Grants are offered twice a year in the areas of helping people in need, protecting animals and nature, and enriching community life. Grants can range from $2,000 to $500,000. Non-profit organizations who meet the trust's criteria may submit one application per year for a grant.
Thursday, July 17, 2014
Taxing tanning salons
Under the Obamacare program, tanning salons are now subject to a 10 percent tax on all UV tanning services. The result has been devastating. There were 18,000 tanning salons in existence in 2009. Now there are only 10,000. This means that 8,000 salons were put out of business, costing the economy 64,000 jobs.
Friday, July 11, 2014
About the grant
Women who are eligible for the grant must hold a bachelor’s degree and plan to either advance or change careers, or want to re-enter the workforce. Women of color are particularly encouraged to apply as they are given priority for grants if they are working toward their first advanced degree in nontraditional fields.
Tuesday, July 8, 2014
About the fund
The fund established in 2008 is called the Maryland Small, Minority and Women-Owned Business Loan Fund. Money deposited into the fund from casino earnings helps support small businesses owned by women and minorities. These businesses play an important role in the growth of the economy in Baltimore County. Maryland law dictates that 1.5 percent of all proceeds from casinos be used specifically for the support of women-owned and other small businesses.
Sunday, July 6, 2014
About the logo
The logo will help consumers recognize products from women-owned businesses. Research initiated by Walmart discovered that 90 percent of female shoppers look for goods marketed by women-owned businesses. So Walmart and two non-profit groups developed the logo as of way of identifying products from companies owned by women.
Wednesday, July 2, 2014
About the Initiative
A $2.5 million grant from Sam's Club was awarded to three non-profit organizations. The money enabled these leading non-profits to create the WE Lend Initiative. The purpose of the WE Lend Initiative is to offer more support to Women's Business Centers that are recognized by the U.S. Small Business Administration (SBA). With more funding, the centers can offer more services to support women entrepreneurs.
Sunday, June 29, 2014
Grants ranged from $2,500 to $25,000 and were awarded to worthy organizations who provide services that improve the lives of local residents. Recent grant recipients focused on providing housing for low-income women; and support, training and other services for parents of special needs children.
Thursday, June 26, 2014
What the 2014 Report shows
As of 2014, the number of women-owned businesses have increased at a rate that is 1.5 times the national average growth rate for businesses over the past 17 years. The number of women-owned businesses in the U.S. increased from 8.6 million in 2013 to 9.1 million in 2014. Since 1997, their businesses have increased by 68 percent, their revenues have grown 72 percent, and they have increased jobs by 11 percent.
Sunday, June 22, 2014
Non-profit organizations may contact their local Soroptimist club for information on the types of programs that are eligible for grants. Clubs vary around the country. Recently, for example, the Soroptimist club located in the Treasure Island and Palm Beach, Florida area awarded grants to three young women for their volunteer service to the community. Each received a $1,000 grant.