Header - BWEL apply page - Image 1600x600

Babson Black Women's Entrepreneurial Leadership Program

Babson College’s Center for Women’s Entrepreneurial Leadership 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.

Created by the Center for Women’s Entrepreneurial Leadership (CWEL) at Babson College, the Black Women’s Entrepreneurial Leadership (BWEL) program is an accelerator that provides Black women entrepreneurs the opportunity to engage with an inspiring community and a rigorous, experiential process that catalyzes innovative thinking and enables them to successfully scale and transform businesses. 

This new program aims to help Black women entrepreneurs grow and sustain their ventures, by offering a virtual accelerator that includes high-level coaching and business growth strategies to assist their businesses to perform successfully in current and future marketplaces. 

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.   


Program Cost:

The BWEL program is valued at $5,000 per participant.  We have secured sponsors to offset a large portion of that cost and are able to offer the program this Spring for just $995 (Early Bird special of $895 for those who apply by December 23).

BWEL is offered free of charge for current Babson, Olin, and Wellesley Undergraduate and Graduate students, and Babson College alumnae.  Participation is contingent upon acceptance into the program.  

Babson, Olin, and Wellesley College Staff receive 20% off.


What Differentiates Us

  • 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.   
  • 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.

 

Built by Babson’s Center for Women’s Entrepreneurial Leadership

At Babson’s Center for Women’s Entrepreneurial Leadership (CWEL) we are closing the gender gap in business, one female leader at a time. We educate and empower women to create impact while enlightening the global community about the importance of female leadership.

As the first center ever focused on women entrepreneurial leaders at a business school, CWEL is one of the most visible and important ways Babson supports women. We work diligently to create opportunities for our students and stakeholders, while creating award-winning programs for the larger business ecosystem.

In 2017, the college was named the number 1 school for women entrepreneurs who want to change the world thanks to CWEL’s diverse programming, exclusive events, access to cutting-edge experts, and hands-on coaching that impacts a diverse set of stakeholders from around the world.


Know an entrepreneur who would be a great fit for our program? Click the button and tell us a little bit more about them!


Interested in exploring Babson's other entrepreneurial leadership programs?

  • Head here to learn more about our WIN Growth Lab accelerator
  • Head here to learn more about the Entrepreneur's Bootcamp
  • Head here to learn more about the Women's Leadership Program