NAWBO: Women's Procurement Program Equalization Act of 2013

News provided by

National Association of Women Business Owners

Mar 03, 2014, 02:30 ET

WASHINGTON, March 3, 2014 /PRNewswire-USNewswire/ -- The National Association of Women Business Owners (NAWBO) is expressing their support of a mark-up scheduled this week on H.R. 2432, "Women's Procurement Program Equalization Act of 2013." The legislation, sponsored by Representative Velazquez (D-NY), seeks to amend the Small Business Act with respect to the procurement program for women-owned small business concerns.

"Women own 8.6 million businesses across the country, employing over 7.8 million people and generated $1.3 trillion in sales as of 2013," said Billie Dragoo, the National Board Chair and Interim CEO of NAWBO. "Female entrepreneurship has skyrocketed, increasing nearly 60% since 1997. It is therefore appropriate to examine the current federal procurement program to ensure women are being fairly represented. We applaud Representative Velazquez for bringing this important issue to the forefront."

The House Small Business Committee will hold a mark-up of "Women's Procurement Program Equalization Act of 2013" on Wednesday.

About NAWBO®
Founded in 1975, the National Association of Women Business Owners (NAWBO) propels women entrepreneurs into economic, social and political spheres of power worldwide by: strengthening the wealth creating capacity of our members and promoting economic development within the entrepreneurial community; creating innovative and effective change in the business culture; building strategic alliances, coalitions and affiliations; and transforming public policy and influencing opinion makers. Learn more at www.nawbo.org.

Media Contact:
Joy Lutes
NAWBO Public Policy
[email protected]
703-362-0150

SOURCE National Association of Women Business Owners