CDFI Reopens a North Carolina Business Center for Women

  • An important regional source for working capital and for training programs.

ASHEVILLE, N.C., Aug. 1, 2014 (CDFI Connect) — CDFI The Support Center announced this week it is reopening an important regional small business education and counseling center for women.

The Women's Business Center of Western North Carolina closed earlier this year because of difficulties at its previous operator, Mountain Bizworks.  The center over the years has helped hundreds of entrepreneurial women in the area.

Sharon Oxendine, a former Mountain BizWorks business developer, will run the facility.

The Support Center made the announcement this week, saying that the center will continue its previous work of providing “business one-on-one counseling, workshops and capital to qualifying women-owned businesses.”

Lenwood V. Long Sr., president and CEO of The Support Center, said the Durham-based CDFI, which works statewide, was drawn to step in because "demand is growing in that area."

The Ashville Citizen-Times reported additional details on Thursday.

Excerpts:

  • “The Western region of the state is in need of a support center partly because 500,000 women live in this part of the state, and an average of 30 percent of all businesses in the region are owned by women.”
  • "’We are not here to compete; we are here to collaborate. We are here to collaborate because the need is so great.’"
  • “The center aims to provide assistance — as well as capital."

More here in the Asheville Citizen-Times. 

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