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Babson Black Women's Entrepreneurial Leadership Program

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.

 
  • 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.   


Testimonial -Krystle Rodriguez“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


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

 

 Contact

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