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BWEL Introducing: Empowering Black Women Entrepreneurs

CommunityBWEL Introducing: Empowering Black Women Entrepreneurs

BWEL offers a transformative experience and invaluable resources to propel businesses and professional growth forward.

Babson College’s Frank & Eileen™ Center for Women’s Entrepreneurial Leadership (F&E CWEL) proudly presents the Black Women’s Entrepreneurial Leadership (BWEL) program, an innovative initiative crafted by and for Black women entrepreneurial leaders and allies.

What to Expect:

  • Comprehensive Curriculum: Dive into 6 weeks of live online business curriculum, featuring weekly content sessions. Cap it off with a 3.5-day in-person program concluding in Atlanta, GA.
  • Dynamic Cohort: Join a cohort of Black women entrepreneurs and allies whose businesses boast a minimum revenue of $150k and are committed to scaling their ventures.
  • Expert Guidance: Benefit from the wisdom of accomplished faculty and top industry leaders specializing in growth and scaling. Gain insights tailored to empower Black women business leaders and allies to leap to the next level.
  • Key Focus Areas: Explore leading-edge content on procurement, financing, and optimizing your business. Receive invaluable insights from seasoned procurement professionals and legal experts.
  • Global Alumnae Network: Access BWEL’s Global Alumnae Network for ongoing support and collaboration opportunities.

Why BWEL Matters:

The statistics speak volumes: In 2019, minority-owned businesses averaged $65,800 in revenue, compared to the significantly higher average of $218,800 for non-minority women-owned businesses. This disparity has a profound impact on the U.S. economy, with the potential to add four million new jobs and $981 billion in revenue if the average revenue of minority women-owned firms matched that of white women-owned businesses.

While Black women-owned businesses exhibit the highest rate of growth after non-minority women, the number of new job creation and revenue remains disproportionately low.

In 2019, the average revenue for Black women-owned businesses stood at $24,000. In response to these challenges, BWEL was born. With a mission to provide entrepreneurial leadership education, coaching, a global network, a resource business guide, and a supportive peer community, BWEL aims to equip Black women entrepreneurs with the tools they need to thrive in the business world.

Join us in championing Black women’s entrepreneurial excellence. Together, let’s rewrite the narrative and create a more inclusive and prosperous future.

For more information and to apply, visit Babson.edu/BWEL.

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