[HTML1] Marsha Bailey of Women’s Economic Ventures (WEV) shares valuable information for women who are starting or growing a business. Established in 1991, WEV has provided entrepreneurial training to nearly 4,000 women and more than $2 million in loans to local small businesses.
More about Marsha Bailey
Marsha has been developing educational programs and services for women since 1983 and is the primary author of WEV’s Self-employment Training (SET) curriculum, From Vision to Venture. Although almost 2/3 of new businesses are started by women, only 1/3 of those that reach the million dollar mark are women-owned. WEV’s goal is to contribute to changing this inequity.
Almost every phase of business is covered by WEV services. In addition to entrepreneurial training and start-up services, WEV offers comprehensive support programs, such as Thrive in 5, for established and growing businesses. Although the majority of those served by WEV are women, men now enjoy WEV services including the Small Business Start-up Loans.
Marsha has consulted internationally to help the growth of women business owners and to empower women to thrive as individuals. Although international programs rely on the specific countries and their regulations, for people outside of WEV’s geographic footprint on the Central Coast of California, Marsha suggests the following resources for those in the USA. She recommends starting with the Small Business Administration which has various programs including SCORE, Women’s Business Centers and Small Business Development Centers.
Recognizing that starting a business can be all-consuming and lonely, WEV provides networking support in the community as well as internal to WEV. Round Tables, consultants and business events all provide support through the various phases of establishing a thriving business. In addition to industry sector and community networking, WEV is active online in social media including their Women’s Economic Ventures Facebook Page and WEV Got Tweets plus a private forum for WEV members to share proprietary communication.
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