Black Women’s Entrepreneurial Leadership Program

Babson Black Women's Entrepreneurial Leadership Program

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

The program will provide participants with practical insights and tools to navigate procurement and other untapped opportunities for growth.

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  • 6 weeks of live online business curriculum with weekly content sessions followed by a 2.5-day in-person program closing in Boston, MA.
  • A cohort of Black women entrepreneurs and allies whose businesses have a minimum of $150k in revenue and are committed to scaling their ventures
  • Guidance from 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 and allies to leap to the next level
  • Leading-edge content on procurement, financing, and optimizing your business
  • Insight from seasoned procurement professionals
  • Legal advice from lawyers
  • Access to BWEL’s Global Alumnae Network

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.

Kristen Smith

I am so grateful for the Babson BWEL program. Throughout the program, I was assisted with fine-tuning my capability statement and having access to Babson’s best-in-class professors, staff, and coaches. Through the practical and real-time lessons learned in the program, I secured five additional food service contracts. I am beyond grateful that Babson allowed me to accelerate my business with a group of outstanding black women entrepreneurs I now call my sisters.”

Kristen Smith
Tre’s Street Kitchen