JEDI’s ability to serve women entrepreneurs — who are responsible for more than 1/3 the new business startups in the region — grew by leaps and bounds when it was designated one of only 100 SBA Women’s Business Centers in the country.
This article in the Mt. Shasta Herald noted:
The Small Business Administration has designated Jefferson Economic Development Institute as a regional Women’s Business Center.
“More than 30 percent of start-ups in the U.S. today across the board from high tech to service industries are started by women,” said JEDI Executive Director Nancy Swift.
But, she added, “women are getting only two percent of the financial resources available to start a business. When you look at that number of women entrepreneurs as an economic force, you want to put more resources into it as a community.”
The designation provides JEDI the opportunity to host the SBA Women’s Business Center for five years. Community funding is needed to match the federal funds available to support the Center.
For more information about JEDI and the Women’s Business Center, contact us.