Upload
raymond-lewis
View
218
Download
4
Tags:
Embed Size (px)
Citation preview
Did You Know?
Women-owned businesses are the fastest growing segment of the U.S. economy (more than 9.1 million in the U.S. alone) Women are the dominant consumer market spending more that $3.6 trillion per year in the U.S.* Employing 27.5 million workersYet WBEs receive only 3% of the business from America’s major corporations
*U.S Small Business Administration
WBENC’s History
WBENC is the Premier organization for Certification of Women Owned Businesses
MissionThe Women’s Business Enterprise National Council is dedicated to advancing the success of certified women’s business enterprises, corporate and governmental members in partnership with its affiliate women’s business organizations.
HistoryFounded in 1997, WBENC is the nation’s leading third-party certifier of businesses owned and operated by womenThe leading advocate of women’s business enterprises (WBEs) as suppliers to corporate America. Recognized as a 501 (c) (3) nonprofit organization by the IRS
WBENC Membership is Growing
As of May 1, 2005 more than 192 U.S. corporations, representing thousands of America’s most respected brand names, are active members of WBENC
Governance: a Board of Directors that includes both corporate, WBE and regional partner representatives
Board of Directors
0
5
10
15
20
25
30
35
LeadershipCouncil
Women'sForum
Corporate
WBENC Certification
WBENC certifies that a company is at least 51% owned, operated & controlled by a woman or womenCertification is administered through our affiliate partner organizationsThe certification process includes a rigorous document review and site assessment
WBENC Today
WBENC’s 14 regional partners process more than 6,000 certification applications each yearWBENC certification is accepted by nearly 700 corporations, representing America’s most prestigious brands, as well as government entities at the state, local and Federal levels
0500
100015002000250030003500400045005000
1997 2003 2004
1997
2003
2004
Certified WBEs
Certification is Growing
0
100
200
300
400
500
600
700
1997 2000 2004
Companies Accepting WBENC CertificationOver 700 companies
accept WBENC certificationMany prime suppliers to Federal Government are WBENC membersThey can access WBEs through our WBENCLink database
WBENC Today
Profile of the average WBENC certified company:– revenues of $7.5M – 48 employees– 12 years of experience
More than 60 WBENC certified WBE firms have revenues in excess of $100M
Six certified WBE companies have revenues in excess of $1Billion
WBENCLink
WBENCLink is a tool to enhance sourcing success for corporate members– Internet database with nearly 5000 certified
WBE’s– Pass code accessible to members only– Includes detailed information about each
certified Woman’s Business Enterprise (WBE)
Creating Opportunities
WBENC provides targeted business opportunities for WBEs through MatchMaker Meetings co-sponsored with our Corporate Members WBENC connects corporations, government agencies and WBEs through [email protected], an online marketplace where RFPs and RFIs are posted daily
Women in Business 2005: Sharing the Vision
WBENC promotes business-to-business networking and buyer-to-supplier connections at its annual national conference (Women in Business: Sharing the Vision) - the country’s largest WBE Business Fair
Regional Partner Organizations
Boston
New York City
Philadelphia
Washington, DC
Atlanta
Miami
New Orleans
Columbus, Ohio
Detroit
Chicago
Dallas
Houston
Phoenix
Portland, OR
Capable Regional Partners
The Leadership Council is comprised of top executives from WBENC’s 14 regional organization partners. The Council serves as a creative hub for effective implementation of WBE certification nationally, and a conduit for identifying and disseminating “best practices” in business development and procurement for women-owned business.
Regional Partner Organizations
Provide certification and other services to all 50 states and Puerto Rico WBE Forums in many locationsOffer networking, conference and training opportunities for WBEsMany local events to mix buyers and suppliers Have local governance—a Board of Directors
About the WBEA (ADD WBOP Statistics Here)
The Women’s Business Enterprise Alliance (WBEA) works to increase business opportunities for WBEs in 94 South Texas counties
The WBEA has over 600 certified WBEs and 75 corporate members
WBEA opportunities include an Expo with over 150 booth participants, Executive Scholarship Program, education seminars, a mentoring program and networking luncheons/breakfasts
WBENC and Federal Government Agencies
Working with Department of Interior’s Robert Faithful and the OSDBU Council
Help WBEs understand how to do business with government agencies
Dream for the future—Federal government will accept WBENC Certification as many states and cities do now
Encouraging Excellence
Balanced Score Card– Self-scoring tool for
corporations– Quantitative and
qualitative approach– Benchmarks process
and facilitates development
Balanced Score Card
Four key components to drive improvement– WBE supplier
participation– Managing WBE
supplier relationships– WBE program
sustainability– Links to market share