About the National Organization

In 1975, a group of a dozen like-minded businesswomen in the Washington D.C. area gathered to share information and create an atmosphere of professional community to further and strengthen their entrepreneurial interests. That group quickly grew to become what is now known as the “National Association of Women Business Owners“. Since then, NAWBO has risen to become the strong and unified voice of more than 10 million women-owned businesses across the country.

Over the past 30-plus years, NAWBO has expanded across the United States, boasting a chapter in nearly every major metropolitan area. Through its affiliation with Les Femmes Chefs d’Enterprises Mondiales (World Association of Women Entrepreneurs), NAWBO’s global reach extends to 60 countries on five continents worldwide.

About the Ventura County Chapter

The Ventura County chapter was established in 1996 to further the aspirations of the growing community of women business owners in Ventura County, from the West end of the county, throughout the Conejo Valley and into the West San Fernando Valley. Besides monthly meetings that feature instructive speakers, the Ventura County chapter hosts other events and takes an active role in supporting favorable business legislation through a state-wide public policy forum.

The membership of the chapter ranges from solo-entrepreneurs to corporations in industries including construction, health care, financial services, publishing, education, manufacturing, legal, technical and more.

NAWBO Ventura County seeks other women business owners who would like to build, improve and succeed in the business world while helping others to do the same.

H.R. 5050

H.R. 5050 – The Women’s Business Ownership Act was passed in 1988 with the help of the National Association Women Business Owners (NAWBO). H.R. 5050 addressed the needs of women in business by giving women entrepreneurs recognition, resources, and by eliminating discriminatory lending practices by banks that favored male business owners.

What is H.R. 5050: Women’s Business Ownership Act?

The Women’s Business Ownership Act was passed in 1988 with the help of the National Association Women Business Owners (NAWBO).

The Act was created to address the needs of women in business by giving women entrepreneurs better recognition, additional resources, and by eliminating discriminatory lending practices by banks that favored male business owners over female. The bill was signed into law by President Ronald Reagan.

Key Legislative Changes From H.R. 5050: Women’s Business Ownership Act

Many significant and positive changes were brought about in the enactment of H.R. 5050. How H.R. 5050 The Women Business Owner’s Act improved things for women in business

In 1992, the number of women business owners was only 26%. By 2002, that number increased to 57%. Although more women choose to start their businesses with their own private finances, having equal access to business loans has enabled scores of women to start and grow their businesses – without having a man co-sign!

In 1989, there were only four Women’s Business Centers in the U.S. Today, there are more than 100 throughout the nation. Congress, however, voted to decrease funding to women’s development centers and in 2009 no new centers are being funded.

H.R. 5050 helped empower women with impressive women-owned business statistical results to prove it!

Join us locally to meet women who make a difference, to connect with other leaders in business and to find resources for success.

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