Women’s Economic Mobility Hub (WEM Hub)
WFA commissioned a report in 2018, Economic Indicators for Women in Arkansas: State, County, & Region, which showed that the eastern edge of the state has both the highest rates of women living below the poverty line and the most women owned businesses. The Women’s Economic Mobility Hub works to leverage those findings by applying a racial and gender lens to a program designed specifically to support Black women owned businesses as vehicles for economic mobility.
The WEM Hub is designed to support Black women-owned businesses by providing technical assistance along with additional resources, including $5,000 in unrestricted grant funds to help scale their businesses.
An ideal WEM Hub participant will be able to commit to a six-month program in which Black women entrepreneurs can access tailored support services through a combination of online trainings and in-person meetings, including:
- Expert advice from leading industry professionals surrounding topics such as accounting and financial management, business development, legal services, and more;
- Ongoing mentorship support and counsel;
- Peer to peer learning sessions;
- Communications, public relations, and marketing training;
- Leadership skill development; and
- Opportunity to establish a relationship with participating financial institutions.
Applications for our fourth WEM Hub cohort are currently closed.
Additional resources for women entrepreneurs can be found here.
Learn more about the 2022 WEM Hub cohort here.
Learn more about the 2021 WEM Hub cohort here.
Please contact Maddie San Juan, Director of Strategic Programs & Initiatives, at firstname.lastname@example.org if you have any questions.