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Creating Opportunities… Recognizing Excellence

Creating Opportunities… Recognizing Excellence. Did You Know? Women-owned businesses are the fastest growing segment of the U.S. economy (more than 9.1

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Creating Opportunities…Recognizing Excellence

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

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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

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Certified WBEs

Certification is Growing

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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