Saturday, October 28, 2006

Making a difference for women entrepreneurs

There is a lot of hype in the enterprise biz.

Everybody wants to promote new business creation and talk about the importance of emerging enterprises.

The talk is typically just that. Talk.

The intention to support new biz and emerging enterprises is honorable. Creating false hopes when there is no plan for helping is bitter.

When the sun sets and you're fighting cash flow in the dark by yourself, honorable intentions are hard to deposit in the bank.

Women entrepreneurs face start up hurdles that can be especially formidable.

I came across a nice site aimed at helping women entrepreneurs that I've linked below. The organization is called Count Me In. I don't know anyone who has used this group, but their approach looks quite good.

Count Me In specializes in making the first loans to women entrepreneurs. From $500 up to $10,000 for the second loan. The loan scoring procedure is geared toward women, which is not at all typical.

I'd recommend that my women friends who are poking at the enterprise path check out Count Me In. There is a nice set of free resources on line as well as access to information about their support and financial services.

Interestingly, their program has tapped into a free market solution for building national resources in this field by teaming with American Express and others to create a program called Make Mine A $Million (M3) which is designed to create a network of one million women-owned businesses earning $1 million in revenue by the year 2010.

This looks like the kind of help women owned start ups and emerging enterprises can turn to for real resources, not just good intentions.

I wish you and Count Me In all the best.

Count Me In

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