Recently in the Give Me 5 Category

Legislation affecting the Small Business Administration's (SBA) small business programs is pending in the House and Senate, and WIPP needs your help getting these bills passed! One bill addresses the issue of parity among the small business programs. The other bill makes significant changes to the proposed Women's Procurement Program.

On the heels of the Small Business Administration's (SBA) proposed women's procurement program, I am thrilled to see that legislation introduced by Senator Olympia J. Snowe (R-ME) and Senator Kirsten Gillibrand (D-NY) will strengthen the proposed program. The bill ensures that critical components included in other socioeconomic programs administered by the SBA will part of the women's procurement program. 

For many business owners, the challenge to their public policy education is not a lack of interest but of time.  Given the breadth and complexity of the available information, it's difficult for anyone to sort through the latest legislation, much less a busy entrepreneur. But Laurie Simon, CEO of Ombrella Inc, found the answers she needed through a not-so-surprising resource: a network of other business owners.

Laurie founded her IT and business consulting firm in 2004 and quickly became active in organizations that could help her build her business. Through her networking, she was referred to Women Impacting Public Policy (WIPP). "I've always been very passionate about business policies, especially how they affect women and minority business owners," she told me. "And I found that WIPP aligned with my values. They take a bipartisan approach to getting the right policies in place to support business owners."

Among benefits of her WIPP involvement Laurie outlined were:

• Streamlined information on government policies. WIPP distills new policies down to the top points of how they are going to affect small business.

• Advocacy on behalf of small business. "WIPP is a watchdog on bills affecting small business, but we also proactively advocate for new policies and make sure our proposals are communicated to the right people." 

• Networking and opportunities. "Any time I've had any kind of business challenge, I've been able to leverage the women I've met through WIPP. Everyone is open to making connections and learning more about each other's businesses and supporting and making referrals."

• Access to decision makers. "The level of influence among the membership has helped me open quite a few doors. I now have other business leaders asking me for my opinion on new bills."

Today, Laurie sits on both the WIPP Communications Committee and the committee for their Give Me 5 program, focused on helping women business owners obtain their share of the $500 billion in government contracting.  "There is a government goal that 5% of that should go to women-owned businesses," Laurie said. Currently, we're only getting 3.4%. The Give Me 5 program was started to bring awareness to both women business owners and policymakers to help reach that goal - and beyond." Launched as a partnership between WIPP and American Express OPEN, the Give Me 5 program has educated 200,000 women on federal contracting opportunities and increased the number of women-owned businesses registered on the Central Contractor Registry (CCR) - a requirement for obtaining government contracts - by 36%.

A strong proponent for small businesses going after government contracts, Laurie is currently completing a mentoring program led by Lourdes Martin-Rosa, American Express OPEN's advisor on government contracting, that coaches a select number of women business owners on to help her get on the GSA Schedule.  (GSA stands for the General Services Administration, the independent agency that centralizes procurement for the federal government.)  

"I've learned a lot of the ins and outs of the process, especially in how we position ourselves and to look for opportunities sooner rather than the later. It's also opened my eyes to different teaming opportunities. We're now positioning ourselves for teaming with larger contractors, and I can't wait to get my first contract."

If you are interested in learning more about government contracting opportunities, I invite you to visit OPEN for Government Contracts: Victory in Procurement (VIP) for Small Business, a program American Express OPEN has launched with WIPP, Business Matchmaking, and SCORE.  You can also learn more by listening to this podcast "NAME" and by visiting www.giveme5.org for upcoming webinars, events and policy news. 

For more information on Laurie or Ombrella Consulting, visit www.ombrellausa.com.

For more information on WIPP, visit www.wipp.org and read this article by my colleague Marcy Shinder, "Partnering for Growth: Women-Owned Businesses as the 5th Largest GDP in World."

The U.S. Small Business Administration today released a proposed rule aimed at expanding federal contracting opportunities for women-owned small businesses (WOSB). The women's business community has been waiting 11 years for an effective program which will help the government meet its 5% contracting goal with women.

According to a press release from the SBA, the proposed rule identifies 83 industries in which WOSBs are under-represented or substantially under-represented in the federal contract marketplace. Additionally, it removes the requirement, set forth in a prior proposed version, that each federal agency certify that it had engaged in discrimination against women-owned small businesses in order for the program to apply to contracting by that agency.

Click here to read the proposed rules, SBA Press Release, and WIPP's response statement. We will review the rule and provide you with a detailed analysis.

The public may submit comments to this proposed rule up until close of business on May 3, 2010, to www.regulations.gov, where they will be posted after 4pm EST today, or by mailing them to Dean Koppel, Assistant Director, Office of Policy and Research, Office of Government Contracting, U.S. Small Business Administration, 409 3rd St. SW, Washington, DC 20416. Please reference RIN 3245-AG06 when submitting comments.

Contact Angelin Barrios, WIPP Small Business Policy Analyst, at abarrios@wipp.org with any questions.

I just recently got back from Houston, TX, where American Express OPEN, held a Women's Business Summit titled "The New Rules of Doing Business for Women Entrepreneurs". WIPP presented two Give Me 5 programs at the summit. Along with me, Ann Sullivan, WIPP Government Relations; Jennifer Bisceglie and Jean Johnson, WIPP Board of Directors; and Rebecca Boenigk, National Founding Partner all participated and presented during the sessions.

The event proved to be a tremendous success: not only in numbers generated, but the amount of positive feedback we have been receiving at WIPP headquarters and from the many women we met there. Particularly, I was delighted to read a blog post yesterday from a woman named Elizabeth who has started a diaper design company within this past year. She recounted her initial lack of confidence at attending the summit. However, while sitting in the audience - she felt connected to the many awe-inspiring women on stage. The "electricity" gathered in the room was enough to make her hair stand on end. The summit experience left her with an intense sense of renewed confidence and drive.

It is these kinds of personal accounts that propel me forward to continue WIPP's mission in helping women business owners in THEIR goal of achieving successful businesses. If you have any personal experiences from this past summit that you would like to share, please do not hesitate to contact me at bkasoff@wipp.org.