Founded in 1975, the National Association of Women Business Owners (NAWBO) is the voice of America's 10.1 million women-owned businesses and is the only dues-based national organization representing the interests of all women entrepreneurs across all industries. Today the organization features chapters in almost every metropolitan area in the United States and is represented in 33 countries across the world through its affiliation with Les Femmes Chefs d'Enterprises Mondiales (World Association of Women Entrepreneurs).
The National Association of Women Business Owners – Los Angeles (NAWBO-LA) is one of the organization's leading and innovative chapters since its beginnings in 1979. The mission of NAWBO-LA is to propel women entrepreneurs into economic, social and political spheres of power by: strengthening the wealth creating capacity of our members and promoting economic development within the entrepreneurial community; creating innovative and effective changes in the business culture; building strategic alliances, coalitions and affiliations; and transforming public policy and influencing opinion makers.
Founded in 2000, the NAWBO-LA Foundation is a 501(c)(3) institution dedicated to accelerating initiatives that promote women's entrepreneurship worldwide. We accomplish this by: supporting programs and initiatives that propel women entrepreneurs into positions of leadership and power; disseminating information and knowledge through research and education; and working with the business community to build a legacy for the next generation of entrepreneurs.
Together, NAWBO-LA and the Foundation work closely to ensure that women business owners are recognized as a public policy voice to be reckoned with, a formidable economic force, and as effective agents for change in the dynamic business environment that is Southern California.
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IN LOS ANGELES:
Being one of the fastest-growing metropolitan cities in the U.S., Los Angeles has embraced the hardworking women business owners whom account for more than a third of revenue for LA County. As of 2018, there are more than 736,000 women-owned firms in the Greater Los Angeles area— the second highest number of women-owned businesses in a metropolis nationwide (following New York). This number has grown more than 24% since 2002 and accounts for more than 44% of the revenue for Los Angeles County.
Los Angeles boasts the number one slot for the state with the highest number of women-owned firms and California is the only state in which there are over 1.1 million women-owned firms contributing to the economy. Since 1997, there has been more than a 59.2% growth rate of these businesses.
IN THE UNITED STATES:
As of 2018, there are an estimated 10.6M women-owned businesses in the U.S. that have generated $1,410,940,800 in sales and employing nearly 7.9 million people. Women-owned firms account for 30% of all privately held firms and contribute 12% of employment and 11% of revenues. One in five firms with revenue of $1 million or more is woman-owned.
To learn more about NAWBO-LA and how to donate, click HERE or email email@example.com.