Closing the gap for women entrepreneurs should be a priority for the federal government - and yet the Small Business Administration has failed in their promise to women business owners.
Sentiment: NEGATIVE
In China, a lot of the opening up of private entrepreneurship is happening because women are starting businesses, small businesses, faster than men.
Small business owners that are female, that is their number one problem, is access to capital.
Small businesses are the number one job creators in America. Therefore, it is important that the federal government creates an environment that helps them succeed, not one that sets them up to fail.
I think there's a very clear recognition and understanding that the progress of women in business at the very highest decision-making levels is too slow. This is a discussion that's going on in every country around the world, actually.
I moderated a panel focusing just on women and the specific challenges that women entrepreneurs face. And we found that around the world, the challenges are the same, whether it is gaining access to capital, risk-taking, or the ability to expand beyond a small business and grow.
In general, the more entrepreneurs we have, the better off we will be because the economy is driven by small businesses and creative ideas... I'm really excited about what the future holds for women entrepreneurship and to be a small part of that by helping Kim Kardashian and Jessica Alba start their businesses.
I have seen businesses and government come together to provide women entrepreneurs with the training they need to better access markets, take advantage of trade agreements, and in the process grow businesses, jobs, and GDP. These are partnerships that transform lives.
We've got to help small businesses because they are the backbone of our economy. We've got to increase opportunities for everyone and we can do that by helping women and minority-owned businesses.
The Obama administration is not helping small businesses create jobs. In fact, it is responsible for the regulatory uncertainty nearly 50 percent of small-business owners cite as responsible for their lack of hiring.
America cannot turn its back on the economic future and women-owned businesses are part of that future.
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