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Six California Women Given A Shot by American Express

Imagine that you owned a business and just knew that it was on the verge of breaking through and becoming a major success—only to learn that getting someone to lend you the expansion capital wasn’t as easy as you’d believed. If you take a look at the figures of women in business today, you’ll realize that that’s exactly what’s happening to many women entrepreneurs. In fact, women entrepreneurs in the United States account for 10.6 million businesses, but only a measly 3 percent of those businesses earn $1 million and more. Why is that?

According to some outspoken women business owners, they simply can’t get anyone to lend them the expansion capital they so desperately need. Lexi Reese, the director for Advocacy Marketing, OPEN from American Express says that almost four in ten female business owners in the Los Angeles area say that they have difficulty finding that all important expansion capital.

But American Express’ OPEN, along with Women’s Leadership Exchange (WLE), Count-Me-In for Women’s Economic Independence and Make Mind A $Million Business national award program forever erased those obstacles for six lucky California business women at this month’s WLE conference.

The winners, Desalene Jones of Sacramento, Ca, Bonnie Plotkin of Huntington Beach, Ca, Gena Nonini of Fresno, Ca, Lenie Ramos of Manhattan Beach, Ca, Julie Tucker of San Francisco, Ca and Sharon Shaheed of Sherman Oaks, CA are all recipients of the award. Just what does it include? For starters, each winner will receive $45,000 to go toward the expansion capital that they need to grow their business. And to insure that the money is well spent and the plans succeed, each woman will get to work closely with a ‘dream team” of business advisors who will help them design and implement a “million dollar plan” for their business.

The winners were selected by a panel of judges who heard presentations from business women throughout California.

If you’re a female entrepreneur and would like to apply to the program, you still have a chance to be chosen this year. WLE will host a conference on September 21 in Atlanta and in New York later this year. (Date to be announced.) Find out more by visiting the official web site at www.count-me-in.org.

 
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