(Washington, D.C. April 5, 2017)—The National Association of Women Business Owners (NAWBO) is announcing its support for the recently created Congressional Microbusiness Caucus. The bipartisan Caucus was formed in the U.S. House of Representatives by Representatives Pat Tiberi (R-OH), Tim Ryan (D-OH), Anna Eshoo (D-CA) and Barbara Comstock (R-VA).
“We applaud these four Members of Congress for their leadership in forming this Caucus to address and serve this important segment of the business community,” said Teresa Meares, NAWBO National Board Chair. “We look forward to working with the Caucus members to identify obstacles and opportunities facing the microbusiness community so they are empowered and enabled to thrive and grow their businesses and thereby help grow our economy.”
The Small Business Administration classifies microbusinesses as a firm with one to nine employees. There are 3.7 million microbusinesses in the United States, providing 10.8 percent of private –sector jobs and making up 75.3 percent of all private-sector employers.
“Microbusinesses are today’s mom and pop shops with an even greater potential for success thanks to advancements in technology. It is remarkable that with a click of a mouse or on a smart phone, a one-person business can potentially reach millions of customers across the country and globe,” said Rep. Tiberi. “We must ensure that burdensome government regulations and other barriers to growth aren’t holding them back. I look forward to working with my colleagues on this caucus to advance solutions to empower our microbusinesses and entrepreneurs to succeed and contribute to a thriving economy.”
Founded in 1975, the National Association of Women Business Owners (NAWBO) is the unified voice of America’s more than 9.1 million women-owned businesses representing the fastest growing segment of the economy. NAWBO is the only dues-based organization representing the interests of all women entrepreneurs across all industries. NAWBO develops programs that help navigate women entrepreneurs thought the various stages of their business growth.