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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.

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. 

The 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.   

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.   
  • 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


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