For Immediate Release: Center for Technology & Business opens Women's Business Center in Fargo
Center for Technology & Business opens second Women's Business Center location.
For Immediate Release
June 26, 2018
For more information, contact:
Laiken Aune, Marketing Coordinator
Center for Technology & Business
North Dakota Women’s Business Center Expands Services
Bismarck — Center for Technology & Business (CTB) was recently awarded grant funding by the U.S. Small Business Administration (SBA) to open a second Women’s Business Center, which will be located in Fargo. The new center will offer assistance, training, leadership development opportunities and other resources to women on the eastern half of the state.
“For the past 19 years, the ND WBC has served women across the state thanks to outstanding support from SBA and North Dakota Department of Commerce. The number of women who seek our services continues to grow so we are grateful and excited for this opportunity to expand our programming reach,” CTB Executive Director Deb Eslinger said.
Deidre Hillman, director of the North Dakota Women’s Business Center, added, “We have always been a state-wide entity, but with increasing demand for the services we provide, a second location will allow us to extend our resources and meet the needs of more women leaders, business owners and entrepreneurs across the state.”
During the 2017 fiscal year, the Women’s Business Center program counseled and trained nearly 150,000 entrepreneurs nationwide. According to the SBA’s Office of Advocacy, there are 9.9 million women-owned businesses in the U.S. They employ more than eight million workers, provide more than $264 billion in wages and salaries to employees, and contribute $1.4 trillion in sales to a national economy.
North Dakota continues to be a leader in this movement by cultivating a positive, growth environment for women entrepreneurs and business owners. In fact, the ND WBC’s impact was recognized nationally by the SBA when the center received the 2016 Women’s Business Center of Excellence Award in the category of SBA Resource Partners. More recently, North Dakota ranked first in economic vitality for women-owned businesses in the 2017 State of Women-Owned Businesses Report, commissioned by American Express.
Each year, the ND WBC trains approximately 2700 individuals and counsels an average of 80 entrepreneurs in business development and growth strategies. “With a second Women’s Business Center, those numbers are expected to grow exponentially and we are excited to get to work,” Hillman said.
Center for Technology & Business operates the North Dakota Women’s Business Center, which is part of a national network of more than 100 centers that offer one-on-one business counseling, training, networking, workshops, technical assistance and mentoring to women entrepreneurs on many business development topics, including business startup, financial management, marketing and procurement. Specific ND WBC programming opportunities include, the Women’s Leadership Program, the Women’s Business Summit and the North Dakota Leading Ladies Luncheons.