Help join the movement for Women!
WBI Fundraiser for Coworking & Childcare in Seattle!
According to a 2010 study by the U.S. Department of Commerce, Economics and Statistics Administration(2), women typically expect lower levels of business growth in terms of sales and employment. One explanation given is that women business owners, on average, are still spending more time dealing with childcare than their male counterparts. This gives them less time to devote to their businesses than men. The study points out that women may in fact be choosing self employment because of family factors. More than one-third of self-employed women have children under the age of 18. The same study finds that female business owners tend to work fewer hours and are more concerned with work flexibility and family-work balance than their male counterparts. Possibly as a direct result of their family concerns, women also obtain less outside financing and may expect less business growth than do men.
Recognizing these concerns, the Women’s Incubator aims to help even the odds and improve the chances for success of self-employed women and women-led businesses. In addition to an opportunity to receive a microloan, participants will receive (depending on their specific business and personal needs): one year of office space, start-up business services, mentorship, classes and free on-site childcare.
For Seattle Families, Quality, on-site childcare will be provided that allows for the flexible needs of parents with young children. Drop-in hours will be available throughout the day, with regularly scheduled activities throughout the week.