USWCC in the News
The U.S. Women's Chamber of Commerce leaders and views are frequently in the news.
Male Entrepreneurs Far Outearn Women--Except in This One Industry Inc. Magazine - January 25, 2016 (Kimberly Weisul)
Getting your business to $1 million in sales is hard enough, and for women, it's even tougher than it is for men. About 6.2 percent of firms owned by men reach the $1 million mark, but only 1.7 percent of companies owned by women reach that same size. So a man starting and running a business is about 3.5 times more likely to reach $1 million in revenues than a woman is.
But according to new data from the U.S. Bureau of Census, crunched by the U.S. Women's Chamber of Commerce, there are a few industries where women's odds of excelling are quite a bit better than the average, and in one standout industry, even better than those of men.
Women-owned firms struggle with lack of access to capital San Jose Mercury News - January 22, 2016 (Michelle Quinn)
When it comes to women-owned businesses, it looks at first glance that women have made a lot of progress: 36 percent of all businesses in the U.S. are owned by women.
But dig beneath that number and reality is grim, says Margot Dorfman, chief executive of the U.S. Women’s Chamber of Commerce, which recently released a report on the issue.
Only 10% of female-owned firms have employees Yahoo Finance - January 21, 2016 (Melody Hahm)
Only 10% of female-owned firms have employees. Hold up. How does a company function without workers? Well, the vast majority of women are forced to run their companies solo or with unpaid help because they simply don’t have the capital to hire people to help build their businesses.
That’s according to a new report by the U.S. Women’s Chamber of Commerce, a non-profit with 500,000 members across the United States. The report is based on data from the 2012 U.S. Census Survey of Business Owners that was released in December. For comparison, 22% of firms owned by men have paid workers, according to the report.
Report: women-owned firms struggle in NJ and nationally NorthJersey.com - January 21, 2016 (Melanie Anzidei)
Revenue generated by women-owned businesses lags well behind that of their male counterparts, and women-owned companies are struggling to grow, according to a report released this month.
The report, based on U.S. Census Bureau data and issued by the U.S. Women's Chamber of Commerce, found that women own about 38 percent of all U.S. companies. And though these businesses generate $1.4 trillion in revenue, that figure accounts for only about 4 percent of total business revenue.
Tips women should know before starting and growing a business in 2016 Smart Business Online - January 19. 2016 (Margot Dorfman)
Women have a unique stake in economic markets, policy and outcomes. We contribute to the U. S. economy; we have driven the creation of new businesses and jobs, moved into leadership roles providing financially for our children and families our employees and the community and hold the majority vote.
Q&A: Margot Dorfman, Co-Founder and CEO, U.S. Women’s Chamber of Commerce MiBiz.com - January 6, 2016 (Nick Manes)
The Washington, D.C.-based U.S. Women’s Chamber of Commerce remains focused on advocating for policies beneficial to the country’s growing number of female entrepreneurs and small business owners. According to CEO Margot Dorfman, there’s still a great disparity in terms of access to capital and ability to procure federal government contracts for female entrepreneurs. Her organization hopes to break down of some of the barriers in 2016. Dorfman spoke with MiBiz on some of the strategies the Women’s Chamber hopes to use this year.
Big Pitch Radio - Episode 244 - 1/4/2015 - Margot Dorfman, CEO & Co Founder Big Pitch Radio Show - January 4, 2016 (Jason Garey, Kevin Harrington, and Marla Tabaka)
US Women's Chamber of Commerce supports Hillary Political Style - December 29, 2015 (Laura Dunn)
The US Women's Chamber of Commerce, the leading advocate for women on economic and leadership issues recently announced its endorsement of Hillary Clinton for President of the United States. This is the organization's first ever presidential endorsement, and I spoke to Margot Dorfman, CEO of the organization to find out why they're supporting Clinton and how they're helping women across America start their own businesses.
7 ways to conquer holiday stress CIO.com - December 15, 2015 (Sharon Florentine)
As if the IT industry wasn't stressful enough, the holiday season adds a whole new layer of anxiety. Here's how to manage workplace pressure during the most wonderful time of the year.
Toolkit 12-09-15 - Boosting Women-Owned Businesses Radio America - December 9, 2015 (Greg Corombos)
Hillary Clinton snags key endorsement from women’s economic group
The New York Times - December 3, 2015 (WITW Staff)
Hillary Clinton picked up the backing of an influential group on Wednesday, adding to her recent flurry of victories on the campaign trail. The Women’s Chamber of Commerce, one of the nation’s largest organizations of women entrepreneurs, threw its support behind the Democratic frontrunner, in what is the group’s first endorsement of a presidential hopeful. Margot Dorfman, the group’s CEO, said that, if she wins the Oval Office, Clinton would “unleash the economic power of women.”
Clinton backed by U.S. Women’s Chamber of Commerce
The Hill - December 3, 2015 (Mark Hensch)
The U.S. Women’s Chamber of Commerce announced Thursday that it is endorsing Hillary Clinton for president in 2016. Clinton also landed support from the International Heat & Frost Insulators and Allied Workers early Thursday. The national union group — which boasts 30,000 members — is backing the former secretary of State given her policies on energy efficiency.
Hillary Clinton Picks Up Business, Labor Endorsements
The Wall Street Journal - December 3, 2015 (Byron Tau)
Former Secretary of State Hillary Clinton received a trio of endorsements from business and labor leaders on Thursday.
The U.S. Women’s Chamber of Commerce, the North America’s Building Trades, and Labor Secretary Tom Perez all announced they were supporting Mrs. Clinton in her White House bid.
Clinton wins endorsement from building trades union, Women's Chamber of CommerceU.S. News & World Report - December 3, 2015 (Lisa Lerer and Ken Thomas, Associated Press)
Hillary Clinton has won the endorsements of North America's Building Trades and the U.S. Women's Chamber of Commerce, giving her the public backing of two large organizations as she works to make rebuilding roads and bridges and women's economic issues central to her campaign.
U.S. Women’s Chamber to charter CU
Credit Union National Association - November 23, 2015
The U.S. Women’s Chamber of Commerce announced last week that it intends to establish a national federal credit union to provide access to capital, ensure fair lending practices, and deliver low cost business and savings solutions to members nationwide.
State of Women's Entrepreneurship
Statesman Journal - November 13, 2015 (Brandon Southward)
Women entrepreneurs face daunting challenges, but they're making progress. That’s the sentiment of Margot Dorfman, CEO of the U.S. Women’s Chamber of Commerce. About 10 million women-led businesses in the United States generate $1.6 trillion in annual revenue. Almost every major industry sector — including technology, services and construction — has seen increases in women-led companies, Dorfman said. However, the total revenue generated by women-led firms accounts for just 4.8 percent of all business revenue in the United States.
These Are the Best Places in the U.S. for Women-Owned Businesses
FastCompany.com - October 26, 2015 (Lydia Dishman)
Includes: The overall low revenues represent an opportunity loss for women-owned businesses across America with statistics and a quote from USWCC CEO, Margot Dorfman.
Number of female-owned businesses grow, but revenue lags way behind
The Business Journals - August 19, 2015 (Kent Hoover, Washington Bureau Chief)
The number of women-owned businesses increased from 7.8 million in 2007 to 9.9 million in 2012, according to preliminary data from the U.S. Census Bureau. That’s a lot of women-owned businesses, but their total revenue only grew from $1.2 trillion in 2007 to $1.6 trillion in 2012.
This $1.6 trillion accounted for less than 5 percent of all business revenue in 2012. Considering that 36 percent of all businesses are owned by women, that’s “an opportunity loss of over $10 trillion,” said Margot Dorfman, CEO of the U.S. Women’s Chamber of Commerce.
Main Street Morning
Washington Post - Jan 8, 2015 (Gene Marks)
The Lending Club and the U.S. Women's Chamber of Commerce form a partnership to aid women-owned businesses.
Lending Club & US Women's Chamber of Commerce Form Partnership to Aid Women-Owned Businesses
Crowdfund Insider - Jan 7, 2015 (Samantha Hurst)
Founder and CEO of Lending Club, Renaud Laplanche stated, “Partnering with the U.S. Women's Chamber of Commerce allows us to provide a better solution to women business owners seeking affordable credit who are not being offered a quick and convenient solution from traditional lenders today.We’re excited to expand our offerings and be a driving force in supporting the women-owned small business economy.”
The Woes of Working Women
New York Times - Dec 5, 2014 (Gail Collins)
(Pregnancy Workers Fairness Act) The U.S. Women’s Chamber of Commerce is listed as a supporter. This is not to be confused with the U.S. Chamber of Commerce, which hasn’t taken a position. “You’ll find that on the majority of issues, we’re on the opposite side of the table,” said Margot Dorfman, who leads the women’s group.
Pregnancy discrimination case brings together unusual allies
CBS News - Dec 3, 2014 (Stephanie Condon)
Some business groups like the U.S. Women's Chamber of Commerce and the Greater New York Chamber of Commerce also support Young.
The Supreme Court, UPS And The Economics Of Pregnancy ...
International Business Times - Dec 3, 2014 (Catherine Dunn)
“We need the productivity of everyone to help continue to grow the GDP and we also need to make sure women are taken care of, so they can support their families,” says Margot Dorfman, CEO of the U.S. Women’s Chamber of Commerce, which submitted a brief to the court in support of Young. Were it not for the presence of women in the workforce over the past four decades, she says, gross domestic product would be one-quarter less than it is today.
Supreme Court could determine future of working women
MSNBC - Nov 30, 2014 (Margot Dorfman)
The 500,000-and counting-members of the U.S. Women’s Chamber of Commerce encourage the U.S. Supreme Court to protect women workers and respect the valuable contribution women have made to America’s great economic success in the past century – and can continue to contribute as our significant workplace participation fuels business growth, consumer spending and the economic growth.
Trenton businesswoman named as regional director to U.S. Women's Chamber of Commerce
The Times, Trenton - NJ.com-Nov 15, 2014 (Jenna Pizzi)
The U.S. Women's Chamber of Commerce has named Trenton businesswoman Taneshia Nash Laird as the regional director for the chamber representing the Trenton-Ewing metropolitan area.
SBA blamed for women-owned firms losing contracts to ineligible businesses
L.A. Biz - Nov 12, 2014 (Kent Hoover)
But the U.S. Women's Chamber of Commerce said the GAO's report is so damning it "should be a call to arms for the president, administrator of the SBA Congress to step up strongly and swiftly to protect the rights and opportunities" of women-owned businesses.
Meet The Working Mother Taking Her Pregnancy Discrimination Case to the Supreme Court
Huffington Post - Oct 31, 2014 (Dave Jamieson)
Given the stakes of the case, a broad and rather unusual coalition of stakeholders have lined up behind Young. Those filing briefs in her support include not only a host of women's rights organizations and the American Civil Liberties Union, but also the U.S. Women's Chamber of Commerce and 23 pro-life groups.
Topsail Chamber Launches Women Connect
Wilma Magazine - May 27, 2014 (Meg Garner)
Proctor says that Margot Dorfman, CEO of the U.S. Women's Chamber of Commerce, is scheduled to be (at) July's lunch to discuss women's expanding role and ...
The Business Case for Paid Leave and Paid Sick Days
Center For American Progress - Apr 17, 2014 (Claudia Calderon Machicado)
As the positive effects of paid sick leave polices are revealed across the country, more businesses are stepping up and voicing support for such legislation. In Maryland, for example, Margot Dorfman, CEO of the U.S Women’s Chamber of Commerce.