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2019 Holiday Recess Guide

Thursday, December 12, 2019   (0 Comments)
Posted by: Laura Berry
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Women Impacting Public Policy

Give the Gift of Advocacy

Get Involved

Congress breaks for the final recess of 2019 on Friday, coming back in January 2020. Give the gift of advocacy! Now is your chance to write and call your Representative and Senators in their districts and states where they need your vote. Your voice matters.

 

The Issue: Access to Capital

If a woman-owned firm wants to obtain a Small Business Administration (SBA) certification to participate in the Woman-Owned Small Business/Economically Disadvantaged Woman-Owned Small Business (WOSB/EDWOSB) procurement program, she may not be able to obtain equity or venture capital funding without losing her status.

 

This choice essentially forces women business owners to choose between participating in the federal marketplace through the WOSB/EDWOSB program or growing their business.

 

Access to capital continues to be an ongoing challenge for women business owners. This year, WIPP led the charge for bipartisan support on groundbreaking legislation that would open a path for investment in women-owned businesses who are government contractors, while also strengthening the role of women investors – giving them a reason to ask for greater equity positions within their firms.

 

Legislation Is Ready and Waiting

Earlier this year, Senators Marco Rubio (R-FL) and Maria Cantwell (D-WA) introduced the Women and Minority Equity Investment Act of 2019 (), which would allow women-owned contracting firms to take investment by women-owned equity firms and still meet the “51% unconditionally owned and controlled” standard set by SBA to participate in the WOSB/EDWOSB program.

 

Representative Robin Kelly (D-IL) introduced an identical bill in the House (). The same barriers apply to minority-owned businesses and these bills also allow minority-owned federal contracting firms to take investment by minority-owned equity firms.

 

WIPP asks you to meet, call, or write your elected officials and ask them to support and co-sponsor the Women and Minority Equity Investment Act of 2019.

Email Your Legislators

If You Are Writing Your Senators: 

You can reach your Senators via email through a form on their website under "Contact."

 

Use this suggested language:

 

Dear Senator ______,

 

My name is ____________ and I am a constituent living in ____________. I am writing to urge you to support S.1981, the Women and Minority Equity Investment Act of 2019. This bill would allow women-owned federal contracting firms to take investment by women-owned equity firms.

 

As a woman entrepreneur, this change will not only help me grow my business, but it will strengthen the role of women investors – giving them a reason to ask for greater equity positions within their firms.

 

Please support expanding venture capital access for women and minority business owners by co-sponsoring S.1981, the Women and Minority Equity Investment Act of 2019. Thank you in advance for your consideration.

 

Sincerely,

______

 

If You Are Writing Your Representative: 

You can reach your Representative via email through a form on their website under "Contact."

 

Use this suggested language:

 

Dear Representative ______,

 

My name is ____________ and I am a constituent living in ____________. I am writing to urge you to support H.R. 3633, the Women and Minority Equity Investment Act of 2019. This bill would allow women-owned federal contracting firms to take investment by women-owned equity firms.

 

As a woman entrepreneur, this change will not only help me grow my business, but it will strengthen the role of women investors – giving them a reason to ask for greater equity positions within their firms.

 

Please support expanding venture capital access for women and minority business owners by co-sponsoring H.R. 3633, the Women and Minority Equity Investment Act of 2019. Thank you in advance for your consideration.

 

Sincerely,

______

Call Your Legislators

If You Are Calling Your Senators:  

Reach the Congressional switchboard at 202-224-3121. Ask to be connected to the Senator’s office you are trying to reach.

 

Use this sample script:

 

“Hello. My name is ____________ and I am a constituent living in ____________. I am calling to urge Senator ____________ to support S.1981, the Women and Minority Equity Investment Act of 2019. This bill would allow women-owned federal contracting firms to accept investment by women-owned equity firms.

 

As a woman entrepreneur, this change will not only help me grow my business, but will empower women investors by continuing to spur growth for women-owned equity firms.

 

Again, I urge Senator _____________ to expand venture capital access for women and minority business owners by co-sponsoring S.1981, the Women and Minority Equity Investment Act of 2019.”

 

If You Are Calling Your Representative:  

Reach the Congressional switchboard at 202-224-3121. Ask to be connected to the Representative’s office you are trying to reach.

 

Use this sample script:

 

“Hello. My name is ____________ and I am a constituent living in ____________. I am calling to urge Representative ____________ to support H.R. 3633, the Women and Minority Equity Investment Act of 2019. This bill would allow women-owned federal contracting firms to accept investment by women-owned equity firms.

 

As a woman entrepreneur, this change will not only help me grow my business, but will empower women investors by continuing to spur growth for women-owned equity firms.

 

Again, I urge Representative _____________ to expand venture capital access for women and minority business owners by co-sponsoring H.R. 3633, the Women and Minority Equity Investment Act of 2019.”

Share Your Story

Please share with us if you reach out to a Member of Congress and/or their staff. Please share if you have interaction with the legislators' offices or if any staff members asked you any questions. If you need additional information, please feel free to contact the WIPP Advocacy Team at for assistance.

1120 Connecticut Ave NW Suite 1000

Washington, D.C. 20036

1-415-434-4314

 

WIPP is a national nonpartisan organization advocating on behalf of women entrepreneurs—strengthening their impact on our nation’s public policy, creating economic opportunities, and forging alliances with other business organizations. .

 

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