E.W. Kauffman Foundation Grant Empowers NAWBO Institute's AI Learning Tool

Empowering Women Entrepreneurs: NAWBO Institute Leverages AI for Growth

In a groundbreaking development for women entrepreneurs, the NAWBO Institute for Entrepreneurial Development announces the launch of an innovative AI-driven resource, supported by a grant from the Ewing Marion Kauffman Foundation. This initiative aims to bolster educational offerings for women business owners, equipping them with on-demand, tailored resources and training to navigate their entrepreneurial journeys more effectively.

Dr. DeAngela Burns Wallace, President and CEO of the Kauffman Foundation, expressed, "We are proud to support initiatives that break down barriers to opportunity for women in business. Our focus is to strengthen non-profits that promote career growth and entrepreneurship."

The AI tool, named after the NAWBO's founder, Susan Hager, aims to empower women entrepreneurs to scale their businesses towards the coveted $1 million revenue milestone, a target that has been historically tricky to achieve, with only 1.9% of women-owned businesses currently reaching this level.

The grand unveiling of this promising tool will take place at the NAWBO Institute's Goal Getter Summit, held on October 10 at Kansas City's CPKC Stadium. The summit, which is sponsored by Bank of America, promises an engaging experience, including a keynote address from Magie Cook, a panel of successful entrepreneurs, and ample networking opportunities for small business alliances within the region.

Limited tickets are available for this event, priced at a modest $30, which will serve as a donation to the Institute, aimed at fostering community among women business owners. Sponsorship opportunities are also being offered, encouraging brands to showcase their commitment to supporting women-led ventures in the U.S. economy. Interested parties are encouraged to reach out via provided contact details for sponsorship inquiries.

The grant from the Kauffman Foundation stands as a testament to the importance of nurturing women entrepreneurs and facilitating their growth in a commercial landscape often laden with obstacles. The NAWBO Institute has a strong history of supporting women at various stages of their business endeavors, offering the Circle program specifically designed for those who reach the major revenue benchmark.

Lynda Bishop, the Vice President of National Programs at the NAWBO Institute, highlighted the significance of this funding, stating, "We are immensely grateful to the Kauffman Foundation for their unwavering support for entrepreneurship. Their investment plays a pivotal role in enabling us to promote sustainable growth among women business owners."

Founded in 1975, NAWBO represents the collective voice of over 14 million women-owned businesses across the United States, advocating for their interests across diverse industries. The Institute tirelessly works to help members navigate the complexities of business growth and development.

As the NAWBO Institute continues to innovate and find ways to empower women entrepreneurs, this new AI resource is anticipated to play a crucial role in transforming the entrepreneurial landscape for countless women. By providing essential education and resources, the Institute promises to unlock new opportunities and foster a thriving community of empowered women business owners.

For more information about the NAWBO Institute, the Goal Getter Summit, or to support the initiative, visit their website and join the effort to uplift and empower women entrepreneurs everywhere.