Why We Are Here

3X more Women Owned Businesses are being started, which translates to higher levels of

employment and economic growth.

Women owned businesses have tremendous financial and social impact on our Valley

Communities!

In employer firms

Arizona

183,318 Women-Owned Firms

Relative to other states, Arizona is under-developing the fastest growing population of

entrepreneurship in the country.

Women

American Express Open State of Women Business Owners, 2016

Other states have acknowledged gender bias in business and have

develop strategies to give everyone an equal opportunity:

Already we are feeling the effects….

50 /50 in entrepreneurship in Arizona would add

91,000 more jobs and $105.2 billion to our

state economy.

The Value of Diversity • Women entrepreneurs tend to treat their

employees better and give back to their communities

(Criterion Institute, 2013)

• Women entrepreneurs have higher levels of innovation than their male counterparts

(Harvard Business Review, 2013).

• More broadly, an increase in the number of women in business leadership positions is correlated with increased business returns and payout ratios.

(Kaufmann, 2015)

The ProblemHow do we help women owned firms grow and position PhXX as THE innovative leader of

entrepreneurship in the country?

The ProblemEconomic development and

gender bias are both challenging multi layered

issues that have contributing factors.

Procurement and Certification

The Solution

Empowered PhXX

A community collaborative committed to strengthening

the future of Phoenix by advancing women in

entrepreneurship.

Empowered PhXXEmpowered PhXX is an innovative model

of community economic development that brings together diverse community

stakeholders who serve female entrepreneurs. Providing stakeholders

with:

• In-depth, strategic, roundtable discussions on key issues.

• The latest research, data and national trends on female entrepreneurship.

• Leveraging collective strength to execute initiatives that address significant challenges in the local entrepreneurial ecosystem.

Empowered PhXX

Empowered PhXXStrengthening ALL the

community partners and providing comprehensive, high quality resources and

advocacy to Phoenix

women owned businesses.

Empowered PhXX100% community-owned and self-organized. Meaning no one person or organization

runs it — everyone contributes through

action.

Plus many more…

Messaging Sub Committee Mike Bull- NAWBO Public Policy Chair, Founder of Women’s Business Institute Shatha Barbour – Founder of Hera Hub, Phoenix female co-working space Meg Taylor – CoHoots Foundation Interim CEO Phaedra Earhart- NAWBO President – Farmers Insurance Denise Flynn – Community Village Incubator Isabel Banerjee – Metro Phoenix Export Alliance, Managing Director, Gro Your Biz Arizona 

Lisa Platt- CEO / President West Valley Women

Get Involved• Use Empowered PhXX tools to more effectively

serve female entrepreneurs

• Post on social media using #PhXX

• BUY AND SUPPORT WOMEN OWNED

• Attend our next meeting: Building a strategy to talk to the media: 2/10 Next large Summit: June, 9th

The Question today…

If we ______ women owned businesses it would _______

#PhXX