Office of women's business ownership

The Small Business Administration (SBA) awarded a $150,000 Project Grant under the Women's Business Ownership Assistance Program (CFDA 59.043) to New Economics for Women, a California-based 501(c)(3) nonprofit organization. The funding will be used to deliver training, counseling, and technical assistance aimed at assisting small businesses owned and controlled by women, with an emphasis on socially and economically disadvantaged individuals. The goal is to remove discriminatory barriers women entrepreneurs face in accessing capital, markets, management, and other critical resources for business growth. New Economics for Women has also served as a sub-recipient on related federal grants, providing services such as rental assistance, eviction defense programs, and housing rehabilitation efforts to improve economic opportunities and housing stability for low-income families and youth.