Category: News
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NWBC Releases Comment on Annual Business Survey
The National Women’s Business Council (NWBC), a non-partisan federal advisory council for the White House, Congress, and U.S. Small Business Administration, released their comment on the U.S. Census Bureau’s proposed Annual Business Survey (ABS). In addition to applauding the Census Bureau’s efforts at provide a larger breadth of data on employer firms, the Council suggests…
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Nominations Open: 2018 NAWRB Roaring Thirty Awards
It’s time to nominate influential women leaders for the 2018 Roaring Thirty Awards! This is the Year of Women. Let’s celebrate those who are working their way up to the top, speaking up for gender equality and forging the path to success for all women. There is no better place to do this than during the NAWRB…
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February 2018: African-American History Month
The month of February is dedicated to the commemoration and celebration of the important contributions African Americans have brought to the United States. American historian Carter G. Woodsen introduced Black History Week on Feb 12, 1926, which was continually celebrated every second week of February, coinciding with the birth dates of Frederick Douglass and Abraham…
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CFPB Names Kirsten Sutton Mork Chief of Staff
The Consumer Financial Protection Bureau (CFPB) announced today that Kirsten Sutton Mork has been appointed as its new Chief of Staff. Sutton Mork previously served as Staff Director of the House Financial Services Committee, and has worked on Capitol Hill through the financial crisis and subsequent legislative response.
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mPower: Finding Solutions to Sexual Harassment in the Real Estate Finance Industry
mPower, a national platform for women in the real estate finance industry created by the Mortgage Bankers Association (MBA), released the findings of their informal survey of women’s experiences of sexual harassment in the workplace. “As the leading voice for the real estate finance industry, MBA creates opportunities to leverage the power and influence of…
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SBA Grant Helps Houston Create 300 Small Businesses
The University of Houston has received a $2.3 million continuation grant from the U.S. Small Business Administration (SBA) to help them create 300 new small businesses in Houston, Texas. The recipients of the award—Bauer College’s Small Business Development Center—services around 10,000 businesses a year in 32 counties along the Gulf Coast.
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SEC Invites Regulated Entities to Submit Diversity Self-Assessments
The Securities and Exchange Commission (SEC)’s Office of Minority and Women Inclusion (OMWI) is inviting regulated entities to submit voluntary self-assessments of their diversity policies and practices for the Diversity Assessment Report. The report will supplement the Joint Standard interagency policy statement, released in 2015, which aims to establish standards for assessing diversity and inclusion…
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Federal Bank Agencies Assist Community Development after Hurricane Maria
A press release by the Federal Deposit Insurance Corporation reveals that federal bank regulatory agencies will give “favorable consideration” to disaster areas affected by Hurricane Maria, predominantly located outside of the U.S. Virgin Islands and Puerto Rico. This will be carried out under Community Reinvestment Act (CRA) regulations, which encourage financial institutions to assist community…
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Free SBA HUBZone Webinars for Small Businesses
From February to mid-March, the U.S. Small Business Administration will offer small businesses a free six-part, webinar series to help them utilize its Historically Underutilized Business (HUB) Zone Program. Each webinar will include an hour of important tips on how businesses can grow their bottom line by making the most of their available resources.
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Post-Crisis Small Business Bank Lending at a Slow Crawl
A recent report from the U.S. Small Business Administration (SBA)’s Office of Advocacy assesses changes in bank lending to small businesses in comparison to levels during the financial crisis. Following a review of banks of varying sizes and financial health, findings reveal a slow recovery in the small business loan market and a more pronounced…