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We're Starting off the year of 2022 with a local Artist - Beverly McCutcheon born in the tri-states
area (New Jersey) is this month's Entrepreneur in the "Your in the Spotlight"
page drop by to her Empowering Journey
area (New Jersey) is this month's Entrepreneur in the "Your in the Spotlight"
page drop by to her Empowering Journey
DID YOU KNOW!!!
CDFIs are mission, not profit-driven. They have lower requirements regarding years in business, credit score (or no credit score), and collateral. Entrepreneurs still have to prove that they're creditworthy, but CDFIs work with entrepreneurs whom banks typically turn away. CDFIs have proven that financing women- and minority-business owners are NOT risky.
Such investments are profitable because the risk is managed by providing technical assistance. Borrowers receive free guidance to help them succeed. Technical assistance may include helping develop a budget with projections, producing financial statements, business planning, and improving or establishing a credit score.
NATIONAL WOMEN BUSINESS INFORMATION
In 1972, there were a little over 400,000 women-owned businesses in the United States. Until 1988, women needed a male relative to co-sign if they wanted to apply for a business loan. That same year, the Women’s Business Ownership Act increased Small Business Administration’s (SBA) access to capital to provide financial assistance to organizations geared toward women-owned small businesses. Today, there are over 13 million women-owned businesses and counting.
KUDOS TO OUR SISTERS HOLDING IT DOWN AND MAKING STRIDE.
CDFIs are mission, not profit-driven. They have lower requirements regarding years in business, credit score (or no credit score), and collateral. Entrepreneurs still have to prove that they're creditworthy, but CDFIs work with entrepreneurs whom banks typically turn away. CDFIs have proven that financing women- and minority-business owners are NOT risky.
Such investments are profitable because the risk is managed by providing technical assistance. Borrowers receive free guidance to help them succeed. Technical assistance may include helping develop a budget with projections, producing financial statements, business planning, and improving or establishing a credit score.
NATIONAL WOMEN BUSINESS INFORMATION
In 1972, there were a little over 400,000 women-owned businesses in the United States. Until 1988, women needed a male relative to co-sign if they wanted to apply for a business loan. That same year, the Women’s Business Ownership Act increased Small Business Administration’s (SBA) access to capital to provide financial assistance to organizations geared toward women-owned small businesses. Today, there are over 13 million women-owned businesses and counting.
KUDOS TO OUR SISTERS HOLDING IT DOWN AND MAKING STRIDE.
How Supply Chain Diversity Can Strengthen Your Business
Welcome, to SUE - Sisters United Enterprise, 501c3
Serving, New Jersey, New York, Boston, Florida, Georgia, Pennsylvania, Virginia and Metro DC area
SUE - is a professional multi-cultural women's entrepreneurial organization which provides a platform to share ideas, market and meet other entrepreneurs to grow their businesses. The organization's purpose is to also embrace an empowering kindred spirit that promotes achievements, fosters success, and celebrates unity.
As a SUE member it is our objective to introduce, embrace and support various visions - missions through our sisterhood. We also act as a liaison/mentor for young women with a vision and plan to enter entrepreneurship.
In addition, we have partnered with many local organizations to lobby and advocate for women own businesses on a local, state and federal level.
Serving, New Jersey, New York, Boston, Florida, Georgia, Pennsylvania, Virginia and Metro DC area
SUE - is a professional multi-cultural women's entrepreneurial organization which provides a platform to share ideas, market and meet other entrepreneurs to grow their businesses. The organization's purpose is to also embrace an empowering kindred spirit that promotes achievements, fosters success, and celebrates unity.
As a SUE member it is our objective to introduce, embrace and support various visions - missions through our sisterhood. We also act as a liaison/mentor for young women with a vision and plan to enter entrepreneurship.
In addition, we have partnered with many local organizations to lobby and advocate for women own businesses on a local, state and federal level.
Follow us on Facebook and Twitter : Stay up to date with Activities - Events with SUE
WE THANK YOU, FROM ALL OF US AT SUE
Please Join Us in Saluting our Healthcare workers, first responders and Essential Workers who have worked tirelessly this year to serve the population effected by COVID 19.
Let's Keep them Encouraged and in Prayer.
Please Note: Job Opportunities for CSR persons on our OPEN FORUM PAGE. PASS IT ON.
WE THANK YOU, FROM ALL OF US AT SUE
Please Join Us in Saluting our Healthcare workers, first responders and Essential Workers who have worked tirelessly this year to serve the population effected by COVID 19.
Let's Keep them Encouraged and in Prayer.
Please Note: Job Opportunities for CSR persons on our OPEN FORUM PAGE. PASS IT ON.
SUE has recently partnered with the SBU - they have shown their dedication, responsiveness to supporting and leveraging Small Business. A number of their webinars are FREE. Follow the link to learn more:
https://www.bigmarker.com/communities/small-business-university/conferences
https://www.bigmarker.com/communities/small-business-university/conferences
SBA Elevates Women-Owned Small Businesses
Did you know that just three decades ago, women were still required to have a male cosigner on a loan?
While women business owners still face some barriers and challenges, tremendous inroads have been made in the struggle for equal rights and access to opportunity. The U.S. Small Business Administration (SBA) is proud to have played a role in supporting women entrepreneurs and helping to enable women-owned businesses to grow at twice the rate of all businesses nationwide.
By SBA Administrator Jovita Carranza
Did you know that just three decades ago, women were still required to have a male cosigner on a loan?
While women business owners still face some barriers and challenges, tremendous inroads have been made in the struggle for equal rights and access to opportunity. The U.S. Small Business Administration (SBA) is proud to have played a role in supporting women entrepreneurs and helping to enable women-owned businesses to grow at twice the rate of all businesses nationwide.
By SBA Administrator Jovita Carranza
Due to COVID - 19 are you experiencing a financial crutch? There are many resources in NJ which are available. NJEDA , NJ SBA, Invest Newark. United Way in various counties. All providing Grants and Loans
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COVID - 19 RELEVANT LINKS
https://faq.business.nj.gov/en/collections/2198378-
information-for-nj-businesses-on-the-coronavirus-outbreak
https://www.fpds.gov/fpdsng_cms/index.php/en/newsroom/156-nia-code-covid-19-p20c.html
https://www.cdc.gov/coronavirus/2019-ncov/index.html
https://www.coronavirus.gov/
https://govology.com/events/covid-19-considerations-for-federal-contractors-how-to-minimize-threats-and-maximize-opportunities-during-national-emergencies/
https://faq.business.nj.gov/en/collections/2198378-
information-for-nj-businesses-on-the-coronavirus-outbreak
https://www.fpds.gov/fpdsng_cms/index.php/en/newsroom/156-nia-code-covid-19-p20c.html
https://www.cdc.gov/coronavirus/2019-ncov/index.html
https://www.coronavirus.gov/
https://govology.com/events/covid-19-considerations-for-federal-contractors-how-to-minimize-threats-and-maximize-opportunities-during-national-emergencies/
New to the Site:
As the former CEO of Genesis Staffing Services, LLC dba Genesis Healthcare Solutions we will start the year off right by advertising Job Opportunities that can be passed on to your colleagues. Follow the link under out New Jersey Chapter Page. FOR MORE INFORMATION VIEW THE NOTICE ON THE NY CHAPTER PAGE.
As the former CEO of Genesis Staffing Services, LLC dba Genesis Healthcare Solutions we will start the year off right by advertising Job Opportunities that can be passed on to your colleagues. Follow the link under out New Jersey Chapter Page. FOR MORE INFORMATION VIEW THE NOTICE ON THE NY CHAPTER PAGE.
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Spiritual Quotes of the Month
FAITH IS THANKING GOD FOR A MIRACLE BEFORE IT HAPPENS
Let's Build Each other UP. Not break Each other DOWN.
For We Know Diversity ALWAYS WINS and
THERE IS STRENGTH IN OUR DIFFERENCES
Be a Friend and Tell a Friend what SUE has to offer to its members. We invite you and them to join our membership @ a cost of $175.00.
Thanks for visiting SUE online. We offer an educational, support, mentoring and relationship building network designed to empower women at all stages. This includes providing Business Educational, Consulting, Leadership, Collaborative Service to our members, community exposure locally-globally as well as a mentorship to start ups.
Testimonial - Danielle Adams, CPC, ACC Shared this on Linkedin
"I want to take a moment to thank Sisters United Enterprise (SUE) and Gloria Durham for generously featuring me this month! https://lnkd.in/eQaQe-i Thank you, ladies! (I almost can't stop..."
"I want to take a moment to thank Sisters United Enterprise (SUE) and Gloria Durham for generously featuring me this month! https://lnkd.in/eQaQe-i Thank you, ladies! (I almost can't stop..."
Be Sure to visit the Membership Application Page for Nine (9) Ways to Get the Most of Your SUE Membership
