Dominica Young, Author

The Importance of Supporting Women Entrepreneurs

Women-owned businesses bring fresh perspectives and unique approaches to industries, enhancing both the marketplace and our communities. Supporting these businesses is about more than economics; it’s a commitment to gender equality, diversity, and inclusivity. Despite their growing impact, many women entrepreneurs continue to face challenges, including limited access to funding and mentorship. Research shows that professional women report fewer opportunities for mentorship and often lack the informal networks that are common among male entrepreneurs. This mentorship gap can also impact funding access, as mentorship often leads to crucial networking connections for growth.¹

How SOUL is Supporting Women

SOUL (Sisters Operating Under Love) is dedicated to creating a supportive network for women, providing tools, resources, and connections to help them thrive both personally and professionally. While empowering women entrepreneurs is a key focus, SOUL welcomes women from all walks of life to join a community centered on growth, support, and success. As SOUL continues to develop, it intends to offer workshops, networking events, and mentorship opportunities designed to uplift every member and encourage collaboration, regardless of background or career path.

A Call to Action: Supporting Women in Business Year-Round

Reflecting on National Women’s Small Business Month, let’s remember that our support is needed every month of the year. By shopping at women-owned businesses, sharing resources, or connecting with networks like SOUL, we can all play a role in empowering women entrepreneurs and helping them succeed. Together, we can foster a community that celebrates and uplifts women’s contributions and builds a brighter future for all.

¹ McKinsey & Company report on mentorship and gender disparities in professional networks