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Advocacy Update: WOSB Final Rule Highlights

Posted By Ann Sullivan, WIPP Chief Advocate, Wednesday, May 20, 2020

The U.S. Small Business Administration (SBA) has published its final rule for the Women-Owned Small Business (WOSB) and Economically Disadvantaged Women-Owned Small Business (EDWOSB) certification. 
AnnSullivan
The impetus for this rule is the FY2015 National Defense Authorization Act (NDAA), which directed the SBA to create its own WOSB/EDWOSB certification. At the same time, the Congress authorized the sole source authority for the WOSB/EDWOSB program. WIPP has worked with SBA throughout this process, submitting comments with input from our members. We are thrilled to see that issues we raised were included in the final rule, such as

  •  excluding retirement accounts from net worth;
  •  harmonizing the economic disadvantage qualification across socio-economic contracting programs; and
  • continuing to allow third-party certifiers. 

The benefits of this implementation include simplifying the process for contracting officers to use the program and can rely on SBA certification with confidence. This update will require no additional document review, will replace the WOSB Repository, and will reduce amount of time to complete a certification. 

 

Definition of WOSB: At least 51% owned and controlled by one or more women who are United States citizens. 

Website: certify.SBA.gov 

Effective dates: Rule goes into effect on July 15, 2020. SBA will begin processing certifications on October 15, 2020. 

Highlights:

  1. Retirement accounts will now be excluded from calculations of an economically disadvantaged individual's net worth, irrespective of the individual's age.
  2. Makes 8(a) qualifications for economic disadvantage the same as EDWOSB program. Qualifications include: (a) net worth cannot exceed $750,000; (b) adjusted gross income averaged over the three preceding years cannot exceed $350,000; (c) An individual will generally not be considered economically disadvantaged if the fair market value of all her assets (including her primary residence and the value of the applicant/participant firm) exceeds $6 million and (d) retirement funds are now excluded from net worth calculation.
  3. Only SBA certified WOSBs can use the WOSB set-aside/sole program, but agencies can count  contracts to women outside the program that are only self-certified toward their WOSB goal.
  4. Third-party certifications are accepted as are those certified by the U.S. Department of Veterans Affairs CVE, and 8(a) certifications. 8(a) certified are automatically considered to qualify as EDWOSBs. DBE certifications are not accepted.
  5. A business performing on a long-term WOSB or EDWOSB contract (i.e., one in excess of five years) must represent that it is a certified WOSB or EDWOSB in order for the award to continue to count towards an agency's WOSB goal. For new WOSB and EDWOSB set-aside contracts, a business must be able to demonstrate that it has applied for certification before the date it submitted a bid, and that it has not previously sought and been denied certification. For new WOSB or EDWOSB sole-source contracts, a business must already be certified at the time it seeks to obtain the sole-source contract.
  6. Applications will be processed within 90 days. If denied, an applicant can reapply for certification after 90 days.
  7. Requires annual certification affidavit and recertification every three years.
  8. SBA will give priority to a firm who has been awarded a contract under the program but the application is still pending before the SBA. Determination will be within 15 days.

Tags:  Advocacy  regulatory  SBA  WOSB 

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Advocacy Update: SBA Microloan Program Goes To Markup

Posted By WIPP Advocacy Team, Tuesday, March 10, 2020

Updated on March 11, 2020 at 1 PM EDT

 

Today, only 16% of conventional loans and 4.4% of commercial loan dollars go to women-owned businesses. One of WIPP’s Policy Priorities, to “Increase access to capital for women-owned businesses,” continues to gain traction through legislation modernizing the SBA Microloan Program. 

The House Committee on Small Business (HSBC) held a markup March 11 where both SBA Microloan Program modernization bills, H.R. 6079 and H.R. 6078, passed the Committee unanimously without amendments.Chair Nydia Velázquez acknowledged WIPP for its support. Next stop will be vote by the full House.

 March 7, 2019 HSBC Hearing

As I reminder, the SBA Microloan Program assists entrepreneurs in obtaining loans under $50,000. SBA provides funds to nonprofit intermediary lenders. Intermediaries, in turn, provide microloans to small businesses. At 48.7%, women are the greatest consumers of these microloans.

In March 2019, at a HSBC hearing on Modernization of the Microloan Program, Michelle Richards, Executive Director of the Great Lakes Women’s Business Council, testified on behalf of WIPP. She called attention to the 1/55th rule as the number one pain point for microlenders and advocated for its elimination in any modernization of the program. 

The 1/55th rule, which was implemented as part of the pilot program in 1991. Current law requires that for the first half of each fiscal year the lesser of $800,000 (or 1/55th of available loan funds) is made available to loan intermediaries in every state, restricting the availability of capital for small businesses in larger states and underutilization of available funds by smaller states.

On the Senate side, our Advocacy Team worked closely on this issue with Senator Tammy Duckworth (D-IL) last April, who introduced the Microloan Program Enhancement Act (S. 996). The bill adopts two of WIPP’s key recommendations on improvements that should be made to the Microloan Program. Read more

 

 

Tags:  Advocacy  microloan  SBA 

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WIPP Advocacy Roundup - February 2020

Posted By WIPP Advocacy Team, Wednesday, February 26, 2020
Updated: Tuesday, February 25, 2020

WIPP-Supported Women’s History Museum Bill Passed the House

 

The Smithsonian Women's History Museum Act (H.R. 1980) passed the House and is now headed to the Senate. The bill establishes a council that will make recommendations to the Board of Regents of the Smithsonian Museum on the planning, design, and construction of the museum. The bill was sponsored by Rep. Carolyn B. Maloney (D-NY); Rep. Brian Fitzpatrick (R-PA); Rep. Brenda Lawrence (D-MI) and Del. Eleanor Holmes Norton (D-DC). Read WIPP’s March 2018 letter of support for the bill


Meeting with New SBA Administrator Jovita Carranza


Team WIPP Meets Administrator CarranzaOn Wednesday, February 19, WIPP President & CEO Candace Waterman and WIPP Chief Advocate Ann Sullivan met with new SBA Administrator Jovita Carranza. The Administrator knows WIPP’s work from her previous position at the Deputy SBA Administrator under the President George W. Bush’s administration. It was great to see an old friend and update her on our policy priorities. We were happy to hear that women entrepreneurs are a priority of Administrator Carranza. 

Participating in GSA’s Small Business Roundtable with the Federal Acquisition Service

 

Candace Waterman, Ann Sullivan and WIPP Advocacy Team member Elizabeth Sullivan were invited to participate in a roundtable held on Wednesday, February 19 at GSA with the Administrator Emily Murphy to discuss small business participation in Governmentwide Acquisition Contracts (GWACs) and new cybersecurity requirements. WIPP raised the issue of WOSB participation in GWACs and urged Administrator Murphy to consider including WOSBs in any new GWACs.  


WIPP Speaks on Behalf of Women Entrepreneurs at 2020 Small Business Forum Meeting

 

In January, WIPP attended the 2020 Small Business Forum Meeting to discuss the challenges of using the section § 199A deduction. The Tax Cuts and Jobs Act of 2017 included the new Internal Revenue Code § 199A to bring some parity for pass-through entities (S-Corps, LLCs, partnerships).

 

 WIPP advocated for the 20% deduction now afforded to pass-through entities during the 2017 tax reform and spoke at the roundtable, calling for the deduction to be extended to all pass-through entities, not just those in specific industries. 


Five-Year Lookback Not Yet Allowed in SAM

 

WIPP-advocated for the Small Business Extension Act, a change allowing WOSBs to utilize a five-year revenue average for the purposes of size determination, which went into effect in January 2020. However, this change has not yet been reflected in the System for Award Management (SAM). WOSBs have found that when renewing their size status in SAM.gov, the only option is to input a three-year average.

 

 We advise WOSBs seeking to re-certify size status under the new five-year rule to work with legal counsel to document their size until SAM is updated and asking for the ability to change to a five-year revenue average when SAM is updated. 

Tags:  Advocacy  GSA  legislation  regulatory  SBA  taxes 

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New Year's Resolutions from WIPP's Advocacy Team

Posted By Elizabeth Sullivan, WIPP Advocacy Team, Wednesday, January 15, 2020
Updated: Tuesday, January 14, 2020

It has been two weeks since New Year's Day and you’re not alone if you have broken most or all of your New Year's resolutions. While we put our personal resolutions aside, when it comes to advocacy, our team has made some we are committed to keeping.

Elizabeth Sullivan
  1. Untangle the web of new federal cybersecurity requirements for WOSBs.

  2. Urge the Senate to pass the SBA Reauthorization bill

  3. Celebrate and build upon our FY2020 NDAA wins.

  4. Support Congressional women

Untangle the web of new federal cybersecurity requirements for WOSBs

2020 is shaping up to be the year of securing the federal supply chain. This may sound dry or mundane, but recent changes truly impact every federal contractor of every size. While we did a deeper dive last year, let me provide some context. Our work does not stop when a bill becomes a law. In fact, the devil is in the details, so providing input during the regulatory process is just as important as the passage of the law (read a refresher on the regulatory process). In addition, remember that a proposed or new regulation is called a “rule.” Major agency actions – all regulatory – require our attention. 

 

  • Cybersecurity Maturity Model Certification (CMMC) – The final version of this requirement should be published later this month. The CMMC is expected to designate maturity levels ranging from “Basic Cybersecurity Hygiene” to “Advanced.”  While contractors will be required to be certified by an accrediting body, it has not yet been determined. This body is expected to enter into an MOU with the DoD sometime this month. The government has indicated that contractors will be reimbursed for the certification fee through their pricing on contracts to the federal government. However, the current cost remains unclear. CMMC will eventually be required for anyone doing business with DoD – the certification levels will begin to be included in RFIs starting in June and RFPs sometime in the fall. One important point made by Katie Arrington, DoD’s Chief Information Security Officer for Acquisition and Sustainment, was to never post your CMMC level certification on your website, as hackers will then know the types of security you are employing and target accordingly. Although there are still some factors to be determined, this certification is moving full steam ahead – and compliance strategies will be an important exercise for every federal contractor in 2020.
  • Section 889: Prohibition on Certain Telecommunications and Video Surveillance Services or Equipment – Commonly referred to as “Section 889,” this rule seems like it would have nothing to do with small businesses or most contractors, however, it does. It broadly prohibits federal agencies from using telecommunications or surveillance equipment or services from six Chinese companies or their subsidiaries. WIPP Chief Advocate Ann Sullivan took a closer look at the rule. In step two of implementation, a rule is expected to go into effect sometime this year that prohibits any government contractor from using any components or services from these companies. If you are renewing your SAM profile, you will notice a new question asking if you provide covered telecommunications equipment or services in the performance of any contract or subcontract. This action impacts the entire supply chain, covering all contracts. 

Additionally, WIPP members have aired their frustrations for years on the government’s security clearance processes, both in civilian agencies and at DoD. This “chicken and egg” issue continues to hamper WOSBs and other small contractors from reaching their full potential. We hear you and are working to create policy solutions on these issues.

 

Urge the Senate to pass the SBA Reauthorization bill

WIPP has been working closely with the Senate Committee on Small Business and Entrepreneurship to make necessary changes to programs benefiting entrepreneurs through the Small Business Administration (SBA). The Chairman’s draft contains 15 changes that, if passed, will be game-changers for women business owners. This includes positive sole source changes for federal contractors and increasing the ability for WOSBs to access capital.

 

Unfortunately, the Committee postponed action on a comprehensive reauthorization bill after failing to agree on proposed regulatory changes contained in the draft legislation. Despite this setback, you should still contact your Senators, urging action. We even have a letter you can easily download and send. This bill has enormous implications for small and midsize businesses around the country – we’ll be keeping up the drumbeat. One detail to know about this effort is that while it is a new year, it is not a new Congress. The 116th Congress is in its second session, which means that bills introduced in 2019 are still active in 2020.

 

Celebrate and build upon our FY2020 NDAA wins

The National Defense Authorization Act (NDAA) is a must-pass bill by Congress – authorizing all of the DoD programs on an annual basis. The 2020 NDAA, passed in December 2019, contained three WIPP supported provisions that positively impact WOSBs.

  • The first is the prompt payment for small business prime contractors and subsequently their subcontractors. WIPP has supported permanently establishing an accelerated payment date since the Office of Management and Budget (OMB) directive expired in 2017, and this provision establishes a goal of 15 days after proper invoice.
  • The second is uncovering small business participation on multiple award contracts that are designated as best-in-class vehicles. As the spend through these vehicles increases, it is critical to have data on WOSB participation. Therefore, the provision requires the SBA to report the dollar amount of contracts awarded to small businesses.
  • WIPP’s third win was to strengthen accountability for subcontractors. The provision implements a new dispute process allowing small subcontractors to bring nonpayment issues to the agency’s Office of Small and Disadvantaged Business Utilization (OSDBU), as well as strengthen the agency’s ability to collect and review data regarding prime contractors' achievement of their subcontracting plans.

Support Congressional women

As we all know, this is a Presidential election year. However, the entire House of Representatives and a third of the seats in the Senate are also up for grabs. Electing women to Congress is important, no matter your party affiliation. Currently, 127 women serve in the U.S. Congress – 26 in the Senate and 101 in the House. The women in the Senate have long been a model for avoiding legislative gridlock. They are often the negotiators who are willing to reach across the aisle to find common ground on major pieces of legislation. Women Members are also the cosponsors on legislation important to women entrepreneurs. For example, our bill to increase investment in women-owned federal contractors, The Women and Minority Equity Investment Act of 2019, is championed in the Senate by Senator Maria Cantwell (D-WA) with Chair Marco Rubio (R-FL) and in the House by Representative Robin Kelly (D-IL). 

 

It is also important to note that the Senate just confirmed a new Administrator to the Small Business Administration, current U.S. Treasurer Jovita Carranza. We are thrilled to work with her again, as she was formerly an SBA Deputy Administrator and championed issues important to women-owned businesses during her tenure.

 

No doubt, other policy priorities will arise as the year moves forward. Although there are many political pressures that threaten to derail our efforts, we remain committed to the bipartisan mission of empowering women entrepreneurs. Let’s get to work.

 

Tags:  Advocacy  cybersecurity  leadership  SBA  women-owned 

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Empowering Women Veteran Business Owners on the Road to Procurement

Posted By Barb Carson, Deputy Associate Administrator, Government Contracting and Business Development, SBA , Sunday, November 3, 2019
Updated: Thursday, October 31, 2019

During National Veterans Small Business Week (NVSBW), the U.S. Small Business Administration (SBA) celebrates, connects, and empowers service members (including National Guard and Reserve), veteran, and military spouse entrepreneurs and business owners—past, present, and future.

 

Barb Carson

From Nov. 4-8, we’re highlighting resources to help veterans on their mission to successful business ownership, including information on how women veterans can propel their business forward through government contracting. As a Colonel in the U.S. Air Force Reserve, I’m dedicated to supporting women veterans on their business ownership journey.

 

At the SBA, I work to empower them with the resources they need to identify, and compete for, federal contracting opportunities. There’s huge potential for women veteran business owners to grow their business through federal procurement.

 

Just last year, Women-Owned Small Businesses and Economically Disadvantaged Women-Owned Small Businesses received over $22 billion in contracting dollars. This could equate to over 121K jobs—a historic high for both! Plus, service-disabled veteran-owned small businesses were awarded over $20.6 billion in contracts.

 

Whether you’re trying to win your first government contract or you’re an experienced federal contractor, the SBA and its resource network are available to support you:

 

  • Women Business Centers (WBC):
    WBCs offer women entrepreneurs access to all of the SBA’s financial and procurement assistance programs. Your local center can connect you to online and in-person procurement trainings, matchmaking events, and contracting opportunities. Stop by your local WBC today to learn more.
  • Veteran Business Outreach Centers (VBOC):

    VBOCs are available across the nation to support women veterans in all areas of business development, including government contracting. Find a VBOC near you to learn how you can leverage the procurement benefits set aside for both women- and veteran-owned businesses.

 

  • Veteran Institute for Procurement (VIP):
    The Veteran Institute for Procurement (VIP) is a veteran entrepreneurship program focused on federal procurement. VIP programs are free of charge, and each program is designed to meet you where you are in your government contracting journey—whether you’re just starting out, interested in growing in the field, or ready to take your business overseas.

 

For more information about SBA government contracting resources, check out the SBA Contracting Website.

 

On Thursday, November 7, I’ll be participating in the next ChallengeHER event in Huntsville, AL to discuss challenges, best practices, and resources available for women in government contracting. I’m excited for the opportunity to be on a panel specifically focused on women veterans in light of NVSBW and Veterans Day. Following the event, I’m attending a women veterans’ coffee with the Catalyst Center to chat with women veterans about their entrepreneurship experience—and hear their pain points surrounding the government contracting certification process.

 

I’d like to extend our appreciation and gratitude to Women Impacting Public Policy for including us in this important discussion around resources for women veterans in government contracting. For information on NVSBW and how you can get involved, visit sba.gov/vetbiz.

Tags:  resource  SBA  veteran 

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Action Alert: 15 Reasons to Move SBA Reauthorization Forward in the Senate

Posted By WIPP Advocacy Team, Tuesday, July 30, 2019
Updated: Wednesday, July 31, 2019

Your legislators will be at home in their districts and states from August 5 to September 6 to meet with constituents, like you, to share updates on their efforts in Washington, D.C. They are eager to understand how these efforts are impacting you. Take advantage of this opportunity to continue WIPP’s advocacy work by engaging with your Members of Congress.  

WIPPActionAlert

WIPP has been working closely with the Senate Committee on Small Business and Entrepreneurship to make necessary changes to programs benefiting entrepreneurs through the U.S. Small Business Administration (SBA). The Committee was scheduled to vote on a bill (Chairman’s draft) combining many important changes on July 24. 

 

Unfortunately, the Committee postponed action after failing to agree on proposed regulatory changes contained in the draft legislation.  The Chairman’s draft contains 15 changes that, if passed, will be game-changers for women business owners. 

 

Now is the time to contact your Senators and ask them to express support for moving forward the SBA Reauthorization legislation, including the fifteen below highlights championed/supported by WIPP. 

 

Download our letter to send to your Senators!

 

Contracting

 

  • Raises sole source thresholds to $8 million generally and at $10 million for manufacturing contracts. 
  • Allows sole source contracts for each option year instead of the current one-time award.
  • Amendment to eliminate the rule of two language for sole source contracts from the WOSB, HUBZone, and SDVOSB programs. 
  • Solidifies Small Business Runway Extension Act, allowing for 5-year average of gross receipts for revenue based NAICS codes and adds employee based NAICS codes to the calculation by allowing them to also use a 5-year average for the purposes of size determination.
  • Requires agencies to pay small business contractors for work performed within 15 days of performance. 
  • Requires the SBA to commission an independent external study to determine which industries are underrepresented by women.
  • Allows for equity investment in women and minority owned small businesses for federal contractors by women-owned/minority-owned equity 
  • Adds the SBA as a member of the Federal Acquisition Regulatory (FAR) Council.

 

Access to Capital

 

  • Eliminates a rule that prevents SBA from distributing more than 1/55th of its microloans in any one state. 
  • Requires much needed data on microloans, of which women are the largest consumers.

 

Regulatory

 

  • Expands the role of the SBA Office of Advocacy to weigh in on regulations affecting small businesses.
  • Requires a five-year review of regulations’ effect on small businesses. 
  • Allows the Office of Advocacy to write a letter questioning an agency’s certification that a proposed rule would not have a significant impact on a substantial number of small entities, and asking the agency to reconsider.

 

Cybersecurity

 

  • Mandates that the SBA Administrator establish a program to designate employees of lead SBDCs as certified to provide cyber strategy assistance to small businesses. 
  • Directs the SBA to develop a cybersecurity clearinghouse that consolidates federal government cybersecurity information specifically for small business assistance.

Tell your Senator to open doors for women business owners by urging them to express support to the Senate Committee on Small Business and Entrepreneurship to move forward with SBA Reauthorization legislation. 

Tags:  Advocacy  SBA  Senate Small Business 

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Capital Access for Women a Growing Priority for DC Lawmakers

Posted By Jennifer Mangone, WIPP Advocacy Team, Monday, April 22, 2019
Updated: Tuesday, April 30, 2019
March was a busy time for WIPP here in Washington. From testifying before the House Small Business Committee (HSBC) to hosting forums on women’s entrepreneurship in both the House and Senate, the importance of WIPP’s 2019 Policy Pillars was heard ‘round the Hill. After all that work in such a short span, one of our Pillars, Increasing Access to Capital for Women-Owned Businesses, is already gaining traction through legislation on the SBA Microloan Program.

The Microloan Program assists entrepreneurs in obtaining loans under $50,000. SBA provides nonprofit intermediary lenders with direct loans. Intermediaries, in turn, provide Microloans to small businesses. At 48.7%, women are the greatest consumers of these Microloans.

Testifying on behalf of WIPP in a HSBC hearing on Modernization of the Microloan Program, Michelle Richards, Executive Director of the Great Lakes Women’s Business Council, called the 1/55th rule the number one pain point for microlenders and advocated for its elimination in any modernization of the program. 

The 1/55th rule, which was implemented as part of the pilot program in 1991, requires that for the first half of each fiscal year the lesser of $800,000 (or 1/55th of available loan funds) is made available to loan intermediaries in each state. This rule restricts the availability of capital for small businesses in larger states.

Our team worked closely on this issue with Senator Tammy Duckworth (D-IL), who just introduced the Microloan Program Enhancement Act. The bill adopts two of WIPP’s key recommendations on improvements that should be made to the Microloan Program.

First, the bill would eliminate the 1/55th rule. Second, Senator Duckworth’s bill would require SBA to make publicly available previously unreleased data, another prime recommendation from WIPP’s testimony. The data would include the number of small businesses that remain in business, the number of jobs created and retained, and the impact of the elimination of the 1/55th rule on rural areas by consumers of the Microloan Program.

Meanwhile, back on the House side, Rep. Scott Tipton (R-CO) recently used a hearing in the House Financial Services Committee (HFS) with CEOs of large banks as an opportunity to ask the CEO of Goldman Sachs about initiatives to right the discrepancies in investment to women-owned businesses. Rep. Tipton is the Co-Chair of the House Small Business Caucus and co-led a roundtable on women’s entrepreneurship with WIPP last month.

Today, only 16% of conventional loans and 4.4% of commercial loan dollars go to women-owned businesses. WIPP will continue to push for increased access to capital for women and applauds those in Congress like Senator Duckworth and Congressman Tipton, who are pushing with us.

Tags:  access to capital  microloan  SBA 

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And...We’re Off to the Races

Posted By Elizabeth Sullivan, WIPP Advocacy Team, Tuesday, March 5, 2019

Senate Small Business Committee holds first hearing of the year with Small Business Administration Administrator Linda McMahon

 

The first Committee hearing in a new Congress sets the tone for the two years ahead—priorities, attitudes and bipartisanship (or lack thereof) are on display. The Senate Committee on Small Business and Entrepreneurship held their first hearing on February 13 by hearing from Small Business Administration (SBA) Administrator Linda McMahon.

Three areas of focus bubbled up during the hearing. Challenges facing women-owned small businesses, access to capital and issues around the workforce. 

Committee Members repeatedly mentioned challenges facing women-owned small businesses. Issues from access to capital to access to contracts were raised, signaling the Committee’s dedication to implementing policies that help WOSB’s succeed. Senator Joni Ernst (R-IA) raised two important questions for WOSB federal contractors. She addressed the delay in a report that was commissioned by Congress to the SBA to look government-wide at small business participation on multiple award contracts (MACs). This legislation was in direct response to WIPP’s report, Do Not Enter: Women Shut Out of U.S. Government’s Biggest Contracts (October 2016). The data is desperately needed to understand the landscape of small business contracting and create future policies that ensure fairness in the federal marketplace. 

Senator Ernst also raised the importance of ensuring small businesses are not shut out of opportunities as the government continues to buy through large contracts. The Administrator pointed to small business goals as a mechanism to hold agencies accountable. WIPP has partnered and participated in roundtables with other business organizations to determine the best path forward to safeguarding small businesses during this shift in acquisition policy. Furthermore, the Administrator shared that the SBA will be launching an innovative interactive digital platform to provide resources for women entrepreneurs, which they predict will expand their outreach capabilities from 150,000 to one million users. 

Another common thread throughout the Committee Member’s questions was access to capital. This is nothing new – women-owned firms still only get 4% of all commercial loan dollars and about 2% of venture capital funding. Additionally, only 18% of 7(a) loans in FY2017 went to women-owned firms and 27% to minority-owned firms. In response, the Administrator expressed the importance of SBA’s Capital Access programs and utilizing them to the fullest extent possible. Senator Duckworth pointed to the need for enhancement of SBA’s micro loan program as a possible solution. Furthermore, in her testimony, the Administrator highlighted that SBA was able to reduce loan processing times by half and provided $60 billion in loan guarantees. Despite this success, the Administrator committed to working to increase awareness of SBA loan offerings and resources for acquiring capital. 

Issues around workforce dominated many questions posed to the Administrator. This aligns with WIPP’s pillar-- rethinking workforce development. Questions centered around the plight of low-wage federal contractor employees and protection from future government shutdowns. Additionally, Senator Coons asked the Administrator what she saw as workforce challenges for small businesses as she traveled around the country last year. Administrator McMahon identified access to a skilled workforce and expressed SBA’s commitment to tackling this problem through its resources around the country.  

The Committee’s priorities align with several of WIPP’s six Policy Pillars. We look forward to continuing work with the Senate Small Business Committee and the SBA around these issues.

Tags:  Advocacy  Congress  hearings  SBA 

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more Calendar

7/8/2020
WIPP Policy Update - July 2020

9/9/2020
WIPP Policy Update - September 2020

10/14/2020
WIPP Policy Update - October 2020

11/11/2020
WIPP Policy Update - November 2020

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