WIPP Announces New Access to Capital Policy Platform to Address Funding Barriers Faced by Women EntrepreneursBy: Women Impacting Public Policy (WIPP) “We are eager to share these policy solutions to benefit women entrepreneurs,” The platform divides recommendations into three sections: changing capital infrastructure, supporting small lending institutions, and strengthening government investment. The eleven recommendations range from simplified intellectual property filings to ending a “one-size- “WIPP’s access to capital platform represents fresh ideas on an issue dating back decades. We are proud to be leading the way to solve the funding barriers faced by women entrepreneurs,” Last year in a report issued by the Senate Committee on Small Business & Entrepreneurship on barriers to women’s entrepreneurship, they found that women receive only 16 percent of conventional small business loans. This amounts to 4.4 percent of the total dollar value of all small business loans, leaving women-owned firms with only $1 out of every $23 that is being loaned to small businesses. Read WIPP’s platform, Breaking the Bank: Women Entrepreneurs & the Need for Capital here. About WIPP Women Impacting Public Policy (WIPP) is a nonprofit, membership organization working to increase the economic power and public policy clout of women business owners by providing business skills education, leadership opportunities for business and personal growth, and a seat at the table amongst policymakers in Washington, D.C. Founded in 2001, WIPP is recognized as a national, nonpartisan voice for women entrepreneurs, advocating on behalf of its coalition of 4.7 million businesswomen including 78 business organizations. For more information, please visit www.WIPP.org. End
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