Empowering Women-Owned Businesses

June 6, 2012

Women-owned businesses are the fastest growing segment of today’s economy, employing more than 13 million people and generating $1.9 trillion in sales. In fact, they are expected to generate more than half of the 9.72 million new small business jobs expected by 2018.

A critical component to successfully advocating on behalf of women business owners and entrepreneurs in Washington, DC is partnering with like-minded organizations who share a mission for empowering and promoting women business leaders to achieve their personal and professional goals. With this spirit of collaboration in mind, I was delighted to represent the National Association of Women Business Owners (NAWBO) at the inaugural summit launching the U.S. Chamber of Commerce's Center for Women in Business. The U.S. Chamber of Commerce’s newly formed Center for Women in Business is a great effort on behalf of the Chamber to support and enhance women’s success in the workplace. This recent forum provided us an opportunity to again highlight and focus on identifying and eliminating barriers and creating opportunities for women in business and business owners and entrepreneurs.

Beyond this, the event provided a platform to examine how best to coordinate and institute an environment as well as the actual arrangements and processes to foster a system to mentor women who are either in the nascent stages of their professional career or are returning to the workforce. By building a network for women in business who are willing to engage in peer-to-peer networking, education, and professional growth, we will ensure that the next generation of women business leaders is equipped with the knowledge and skills to compete and succeed in this incredibly competitive global marketplace.

I look forward to other opportunities to work with the Center for Women in Business and am certain this Center will do great things for women everywhere!

Watch a video of Diane Tomb explaining ‪Women's Astounding Potential For Growth‬ and CWB's role.

Diane Tomb is President and CEO, National Association of Women Business Owners.