Empowering Women. Creating Jobs. Stimulating the Economy. · Empowering Women. Creating Jobs....
Transcript of Empowering Women. Creating Jobs. Stimulating the Economy. · Empowering Women. Creating Jobs....
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Empowering Women. Creating Jobs.
Stimulating the Economy.
www.womensinitiative.org
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OUR MISSION
To build the entrepreneurial capacity of low-income women to overcome social and economic barriers and achieve self-sufficiency.
Our Mission is to build the entrepreneurial capacity of women to overcome social and economic barriers and achieve self sufficiency.
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ABOUT US Private, nonprofit organization
Founded in 1988
Have served over 24,000 women
Currently serve the San Francisco Bay Area 5 offices 18 satellite locations Expanding to Chicago and NY
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OUR CLIENTS Low-income women who are ready to
start or expand a business
80% are women of color 53% Latina 22% African American
36% have a high school equivalency or less
25% report recent domestic violence
24% report a disability
Average age: 39
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OUR PROGRAMS
Train
Fund
Support
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OUR PROGRAMS Train
• My Business Action Plan entrepreneurial
readiness workshop
• Simple Steps 22-session business course
• Culturally competent curriculum for Latina entrepreneurs
• Personal development skills training
• Technology skills for businesses
Fund Microloans from $500 -$35,000 that help to build good credit
2:1 Matched Savings Accounts for buying a home, capitalizing a business, or education
First-Time Lease Holder Grants
Support SuccessLink post-graduate program
Consultations and coaching
Seminars with business leaders
Networking groups
Networking events
Access to markets and tradeshows
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OUR CLIENTS
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OUR CLIENTS
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HOW MUCH IT COSTS
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$36,000 underwrites 11-week Simple Steps/Paso a Paso business management course for 18 women
$10,000 enables 10 graduates to participate in SuccessLink/Avance, our post-graduate support program
$5,000 underwrites a Connect Event, which brings together our clients and business volunteers for networking
$1,000 sponsors a graduation for 18 women
$500 sends 5 women to our entrepreneurial readiness workshop
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OUR RESULTS
70% in business five years after graduating Household income increases from an
average of $1,834 to $2,915 per month after one year
In 2010, clients created over 4000 jobs paying an average wage of $16.42
Net worth increases more than 300% after two years, from $12,968 to $53,572
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OUR RESULTS
For every $1 invested in
Women’s Initiative, $30 is returned to the community
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ECONOMIC IMPACT
INVESTMENT $100,000 $500,000
Women Served 49 246
New Businesses Created 10 51
Jobs Created 18 90
Economic Activity $3,000,000 $15,000,000
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INVOLVEMENT OPPORTUNITIES
Work with our graduates! Lead seminars and workshops Consult with clients through “office hours” Host a Connect Networking Event Share expertise with FastTrack participants Host a graduation Host a client marketplace event
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INVOLVEMENT OPPORTUNITIES
2011 Sponsorships: Annual Gala: May 31
Woman Entrepreneur of the Year Awards: October 27
Simple Steps Training Class for 18 women: $36,000
Connect Event: $5,000
Graduation: $1,000
Loan Fund
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Women’s Initiative for Self Employment
www.womensinitiative.org
Nicole Levine
Executive Director, North Bay and San Francisco
(415) 641-3474