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Program Results
With
Every Dollar Invested, $30 are Generated for the
Bay Area and Lives are Changed Forever
An
Opportunity to Grow Assets
- The training program generates a return of
$30 to the local economy for every $1 invested.
- Annual household income for participants entering
the business training program is just $14,000.
Two years after training, it leaps to over $37,000.
- In 2007, our clients reported an average of $40,100 annual gross revenue from their businesses.
- The women who participated in our training last year will bring in an estimated $11.7 million in 2008. Over the next five years, total gross receipts for the class of 2007 will be an estimated $78 million.
Creating Quality
Jobs
- 57% of participants reported employing others or self-employment for themselves
- The average Women's Initiative client business
pays $16.45 an hour in wages, over double the
minimum wage in California. This wage is especially
impressive given that many client businesses
operate in sectors such as housekeeping and
food service that traditionally pay close to
minimum wage.
Building Community
Women microentrepreneurs not
only create thriving businesses, but also support
their communities as mentors, volunteers, patrons
and civic leaders. As business owners, women are
choosing to redefine success by serving people
and the planet while building wealth.
- In the past year, 79% of Women's Initiative
clients donated money or made an in-kind donation,
compared to 45% of all Californians. Donations
averaged over $1,020.
- 69% of clients volunteer regularly
Since inception Women's Initiative has served
over 16,000 in the San Francisco Bay Area.
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