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Babson Black Women's Entrepreneurial Leadership Program

Fall 2021 Cohort

Babson College’s Center for Women’s Entrepreneurial Leadership (CWEL) is pleased to offer the Black Women's Entrepreneurial Leadership (BWEL) program, a virtual action tank designed by and for Black women entrepreneurial leaders to provide an experience and the resources to propel their businesses and professional growth forward.

Sisterhood: Experience the extraordinary power of the community by connecting with other black women entrepreneurs
Babson’s World-Renowned Pedagogy: Expand your revenue opportunity by following a successful entrepreneurial framework
Global Network
Expert Mentoring and Coaching: Accelerate your entrepreneurial growth by learning from top industry Masterminds and maximize your personal effectiveness by collaborating with Business Success Coaches
BWEL’s Resource Guide
On-Demand Learning

1-Day Symposium
6 months of business curriculum, including Babson’s world-renowned ET&A pedagogy
A cohort of black women entrepreneurs who are experiencing the entrepreneurial journey with you
One-on-one mentoring and peer coaching
A holistic approach to business analysis and strategic planning
Guidance from Mastermind Experts and accomplished faculty, and top industry leaders with expertise in growth and scaling, on key areas designed specifically to equip and inspire Black Women business leaders to leap to the next level
An understanding of how to manage the racial contexts of the entrepreneurial process
Leading-edge content and insight from peer communities and facilitators on scaling, financing, operating, and optimizing your business
Access to BWEL’s Global Alumni Network

Designed for Black Women by Black Women - BWEL will serve as a resource partner for Black Women Entrepreneurial Leaders to eradicate the cycle of challenges Black Women face with starting, growing, and sustaining their businesses.
A cohort of Black female entrepreneurs and leaders
Strategy and goal setting consulting - analysis of the current state of your business and one-on-one coaching to fully utilize the results and put action plans in place.
Establish measurements and benchmarks to grow and scale your business over time.
Create a strategic plan for business and personal development to grow and maximize your strengths as a business leader.
Industry agnostic: We work with early-stage companies across industries and channels.
Access to a global network of experts across industries - We help companies become part of the entrepreneurial ecosystem by making key connections and introductions.
On-Demand Learning: Virtual business development curriculum

Why we started this program:

The disparity between minority and non-minority women is increasing. In 2019, minority-owned businesses averaged $65,800 in revenue, compared to non-minority Women-owned businesses which averaged $218,800. The disparity has an enormous effect on the U.S. economy. Four million new jobs and $981 billion in revenue would be added if the average revenue of minority women-owned firms matched that of white women-owned businesses.

Black women-owned businesses made up the highest rate of growth after non-minority women. However, the number of new job creation and revenue was the lowest amount of all women-owned businesses. In 2019, the average revenue for Black women-owned businesses was $24,000.

With increasing awareness of the unique challenges Black women face with being an entrepreneur, BWEL was created with the goal of providing entrepreneurial leadership education, coaching, a global network, a resource business guide, and a peer community.

“My BWEL experience was one of a kind. The education, support, and candor throughout the course are unlike any other program I have been a part of it. Even with the size of the group, it always felt intimate, and I have met other Black female entrepreneurs I know I will continue to have relationships with in the future, both professional and personal” - Krystle U. Rodriguez, Hodgepodge Coffeehouse

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Contact

To learn more about the BWEL program, please contact our team at bwel@babson.edu