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Funding Boost for Women Entrepreneurs: A Historic Moment

Date and Location Update

WASHINGTON, Feb. 5, 2026 – In a significant development for women entrepreneurs across the nation, the Women’s Business Center Program (WBC) at the Small Business Administration (SBA) received a remarkable $27 million allocation for the fiscal year. This funding comes through the bipartisan passage of a comprehensive funding bill known as The Consolidated Appropriations Act (H.R. 7148). This milestone represents the highest funding ever allocated to the program, marking a historic first where the program’s funding was explicitly included in the legislative text.

Leadership Statement on the Funding

Corinne Goble’s Remarks

Corinne Goble, the CEO of the Association of Women’s Business Centers (AWBC), expressed her thoughts on this important funding in the following statement:

"This funding is a potent affirmation of a strong bipartisan commitment to the 15 million women entrepreneurs who are instrumental in driving economic growth within communities across America. With the continued backing from Congress, the Women’s Business Center network will be empowered to perform its essential functions—helping women to launch new businesses, increase their revenue streams, secure capital, and ultimately create jobs. This investment amounts to more than mere program funding; it reflects a robust vote of confidence in the economic capabilities of American entrepreneurs."

Gratitude for Congressional Leaders

Gobble went on to extend her sincere gratitude to the leaders of the Financial Services and General Government Subcommittees. She specifically acknowledged Chairman Bill Hagerty, Ranking Member Jack Reed, Chairman Dave Joyce, and Ranking Member Steny Hoyer for championing the Women’s Business Center program. Additionally, she expressed appreciation to the Senate Committee on Small Business & Entrepreneurship and the House Committee on Small Business for their enduring oversight of the program. Particular thanks were also directed to the more than 100 members of U.S. Congress who vocally supported Women’s Business Centers during this funding cycle. This demonstrates a clear and bipartisan victory for women’s entrepreneurship, emphasizing the critical role of legislation in advancing business opportunities for women.

The Impact of Women’s Business Centers

Since the inaugural Women’s Business Center opened its doors in 1988, this expansive network has been pivotal in supporting millions of entrepreneurs by providing essential training, counseling, and access to vital resources that enable them to start, grow, and scale successful ventures.

Economic Contributions

Recent data collected in 2025 illustrates the profound impact of Women’s Business Centers. WBCs generate an impressive $6 in small business revenue and attract $7.50 in private capital investment for every $1 of support from the SBA. These centers also sustain approximately 340,000 jobs, contributing a staggering $16 billion in salaries back into the economy.

Future Prospects for FY 2026

With the new funding allocated for FY 2026, Women’s Business Centers will be capable of continuing their important work in strengthening local economies, broadening opportunities, and delivering measurable success for entrepreneurs in communities all around the nation.

Significance of the Association of Women’s Business Centers

Overview of the AWBC

The Association of Women’s Business Centers (AWBC) stands as the premier national advocate and resource dedicated to harnessing the economic potential of women’s entrepreneurship. The AWBC supports a vibrant network of over 140 Women’s Business Centers across the United States. These centers provide a plethora of resources for entrepreneurs, including free coaching, networking opportunities, small business resources, training programs, and much more.

Mission Statement

The core mission of the AWBC is to ensure that small business owners, particularly women, possess the necessary tools and support to thrive in their business endeavors, thereby contributing meaningfully to the broader economy.

How AI legalese decoder Can Help

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This valuable tool can assist businesses in deciphering the often confusing language found in documents related to grants, funding applications, and compliance requirements. By providing clarity and insights, AI legalese decoder empowers entrepreneurs to make informed decisions, ensuring they leverage the benefits of programs like the Women’s Business Center funding to their fullest potential.

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