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| Last
year, Women’s Initiative for Self Employment
organized a series of focus groups, where its clients,
low-income women entrepreneurs, discussed strategies
to address barriers to their business success. Several
policy recommendations emerged from the focus group
meetings, which shaped Women’s Initiative’s
advocacy platform in our meetings with local, state,
and federal legislators. High on our clients’
list of concerns was the prohibitive cost of commercial
space—particularly in urban centers where rents
run high and space is limited.
The
City of San Francisco was the first to respond to
this limitation for business owners. In 2007 we launched
our First-Time Leaseholder Grant Program for residents
of San Francisco with help of the City. This fruitful
partnership is bringing income and assets to depressed
neighborhoods, revitalizing commercial areas and generating
income one new “open for business” sign
at a time. Read more about a few of the eight leaseholders
in the Graduate Spotlight.
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| HOT
TOPICS |
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| Carol
H. Williams, Michele Iversen,
and Julie Castro Abrams at the
Leadership Luncheon |
Taking
it to the Streets attendees
listen in on one of the 13 seminars |
Taking
it to Streets: A Note from Karuna
Jaggar
|
Graduate
Patti Tang, Chic Moderne,
assists a customer |
Each
year, my greatest pleasure attending
the Women’s Initiative conference
is catching up with clients, many
of whom I haven’t seen in
a year or more. This year on the
way into the luncheon I bumped into
a client I hadn’t seen in
several years. When I asked about
her business, she told me she is
completely transforming her business
and was excited to share that she
is shifting from providing graphic
design services to producing products
with her designs. After years in
business, she realized her heart
is in producing tangible products
rather than consulting for others.
I was inspired to hear her story
of following her heart and very
pleased that the skills she learned
when she came through the business
plan course 5 years ago are still
relevant to her business.
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| The
Graduate Giving Award was presented
to Susan Grant, Baja Nights |
Another
client who I actually see quite
regularly was also in the process
of transforming her business. She
has produced beautiful handmade
cards and books for years but is
evolving her business from the self-described
“crafts” pieces to fine
art pieces. Again, I was impressed
with her commitment to living her
dream and her entrepreneurial drive.
I was very pleased that she made
several sales of her newer fine
art pieces at the conference.
It
is gratifying to see that Women’s
Initiative continues to be a resource
to alumnae years after they complete
the program. And it is satisfying
to see that clients who decide to
change their businesses are not
closing to pursue wage-employment
but are transforming their businesses
based on market trends and their
own personal passions.
All
photos by graduate Genevieve Shiffrar.
Graduate
Rosa Badu-Badu shares her inspiring
poem at a Women's Initiative graduation
Women's Initiative staff and community
members who attended the Oakland-based
Women's Initiative graduation on
June 25, 2007 were given the gift
of Rosa’s beautiful words.
We’d like to share them with
those who weren’t at the graduation:
Who
am I
I’m black, I’m brown,
I’m white, I’m olive,
I’m tan
Who
am I
I’m short, I’m skinny,
I’m tall, I’m fat, I’m
ugly, I’m pretty
Who
am I
I’m poor, I’m rich,
I live in West Oakland, I live in
Piedmont, I live in Berkeley, I
live in Dublin, I live in San Francisco
Who
am I
I ride the bus, I ride BART, I just
got a new car, I just got my Masters,
I’m graduating from junior
college—it took me six years,
I just got my G.E.D
Who
am I
I’m divorced, I’m married,
I’m single, I just got out
of jail, I lost my job, I don’t
have a job
Who
am I
I have a dream, I have a vision,
I have a purpose, I was created
for greatness, I have a destiny
Who
am I
I’m one of many women that
walked into Women's Initiative Simple
Steps business course to fulfill
my destiny.
I
know who I am! Do you know who you
are?
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GRADUATE
SPOTLIGHT |
|
Opening
Doors for New Business Owners
| The
first-time lease grants provide
new opportunities for Women’s
Initiative clients to acquire
their own store-front retail
space. San Francisco-based graduates
receive a one-time grant up
to $10,000 to cover the first
three and last month’s
rent and security deposit for
commercial space in San Francisco. |
Opening
your own business is never easy.
It can be particularly difficult
for low-income women with few business
skills or connections. Moreover,
in San Francisco where rents run
high and space is limited, accumulating
enough capital to cover new inventory,
rent, and the security deposit while
a business is just starting can
be very challenging. To meet this
need, Women’s Initiative for
Self Employment successfully launched
its First-Time Leaseholder Grant
Program in San Francisco for its
business management alumnae.
The first-time lease
grants provide new opportunities
for Women’s Initiative clients
to acquire their own store-front
retail space. San Francisco-based
graduates receive a one-time grant
up to $10,000 to cover the first
three and last month’s rent
and security deposit for commercial
space in San Francisco. With the
grant, during the first months of
business our clients can focus their
energies on improving their systems
and services, and building their
client-base.
This
year, eight women received Leaseholder
Grants and successfully took an
exciting in step in creating a lasting,
profitable business they can call
their own. Our clients all took
big risks to realize their dreams
of being an independent business
owner. Here are some of their stories.
Melissa
Elia is using her leaseholder
grant to pay the first few months
rent on a new SOMA/ Bayview neighborhood
office-space for Mayssa Perfume,
the fragrance that’s been
her passion since 1999. Melissa
has been selling Mayssa out of her
apartment for close to a decade.
With her leaseholder grant, she
now has the necessary space to store
her fragrance and her files. Receiving
the grant meant Melissa could “take
back” her studio apartment.
Without a central office space,
she was forced to run her business
from her home, making her life and
apartment very cluttered. “I
was running out of room for everything,”
Melissa said.
Antonia
Velasquez used her grant
to pay for the first few months
of rent at Salon Isabella Number
2, her salon located at 4724 Mission
St. in San Francisco, which opened
on September 13, 2007. When she
first came to the U.S., she opened
a salon with her husband. However,
she began to feel like she was working
for her husband, rather than as
a full partner in the business.
She and her husband have since parted
ways, and she is excited to start
her own salon where she’s
answerable to only herself. After
finding the right location for her
salon, Antonia spent most of her
savings on extensive remodeling.
Without the grant, Antonia would
have had to work nights, either
cleaning houses or doing odd jobs,
to raise the money to pay the salon’s
rent. Working nights was something
she particular dreaded as she would
have to find childcare for her three
children. Receiving the leaseholder
grant has given Antonia the ability
to spend the crucial first weeks
focusing on building her client-base
and taking care of her family.
Carmen
Rios used the money from
her leaseholder grant to pay the
first few months rent at Rose Nails
and Beauty, located at 1380 Valencia
St. in San Francisco’s Mission
District. She opened her salon on
August 31, 2007 and has been giving
high quality manicures, pedicures,
and acrylic treatments since. If
Carmen did not receive the grant,
she believes that she would have
had to close her business. Carmen’s
mother was very sick, and for a
while, much of the money Carmen
made from her salon went towards
her mother’s medical care.
Fortunately, her mother is better
now, but Carmen would not have been
able to cover medical bills, pay
her rent, and the salon’s
operation expenses. The grant helped
her at a critical time, and allowed
her to stay open.
In
June, when Margarita Gomez
opened D-Maddy’s, a crafts
and party favor store, she turned
a 10-year hobby into a business.
She used her grant from Women’s
Initiative to pay for the first
three months rent for her location
at 3414 22nd St. in the Mission
Neighborhood of San Francisco. Margarita
considers it a miracle that she
received her grant when she did.
She had been eyeing 22nd and Guerrero
as the ideal location for D-Maddy’s
for close to a year. Deciding that
she would only get one opportunity
like this, Margarita signed a lease
right away, before she had finished
her Women's Initiative training
or received her leaseholder grant.
Fortunately, she received loan funding
in time to make her first month’s
rent.
We
have awarded all the available grants
for 2007! Women’s Initiative’s
Leaseholder Grant program has successfully
enabled our clients to start their
exciting new lives as leaseholders.
However, many of our clients in
San Francisco and throughout the
Bay Area need similar help. Women’s
Initiative hopes to expand its program
so more of our clients can realize
their dreams of business ownership.
-
Jesse Ducker |
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| EVENTS |
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Graduate
artisans featured at Oakland Museum
event
Eleven
graduate businesses will be featured
at the Oakland
Museum’s First Friday After Five
event on Nov 2 from 5:00-9:00 pm. The
graduates will be creating a uniquely
Oakland shopping experience where you
will be able to buy everything from
cookbooks to bath products to jewelry.
Come out and start your holiday shopping
early – you have a chance to be
ahead of the curve this year! Best of
all you will be supporting local women
business owners with your one-of-a-kind
purchases. The Oakland Museum partnership
came as a way for Women's Initiative
to pilot industry-specific support for
clients as their businesses grow.
The
businesses include: Jewels of The
Nile, Super Sugar Ray Ray, Herbal Grace
Bath and Body Products, Damn That's
Good Cookbook, Baja Nights Jewelry,
Eugenia's Jewelry, Nicarito Art, A Darling
D'Zign, Mayssa Fragrance, and Nurturing
Spa for Wellness.

Ain't Ms. Behavin'
The Women's Council of Realtors selected
Women's Initiative as the beneficiary
of the Ain't Ms. Behavin' event this
Saturday, Nov 3! It would be great if
we had 20 friends of Women's Initiative
show up and support their effort to
raise funds for our agency. It will
be a terrific evening that includes
jazz entertainment, dinner, raffle and
an auction. The live auction includes
round trip airfare! The event takes
place at Octavia Lounge in San Francisco
(1772 Market St, San Francisco, CA 94102)
this Saturday! Tickets are $85 and money
raised will be generously donated to
Women's Initiative. Buy your ticket
from Jackie, one of the wonderful organizers,
at jnejaime@hill-co.com
or (415) 265-7376.

Graduates
look at comments from their trainer
Nika Quirk on their final business plans
during a recent graduation ceremony
in San Francisco.
Visit
the Women's Initiative blog
to see some cute pictures showing how
Women's Initiative celebrated Halloween.
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| IN
THE NEWS |
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October
13, 2007
Elena Miramar, “Revolución
Empresarial”
Visión Hispana
October
9, 2007
“Business conference designed
to help women entrepreneurs”
KTVU Channel 2 |
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| DID
YOU KNOW? |
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| Women-owned
firms that are experiencing growth are
more apt to rely on checking, savings,
direct deposit, credit cards, business
debit cards and merchant services as compared
to men-owned firms. Companies owned by
men accessed a wider range of financial
products including: cash management products
and services, information reporting, lock
box, commercial credit cards, cash concentration,
and account reconcilement. This means
that there is a lot of untapped potential
for women business owners to diversify
their use of financial products to benefit
their business. (Center
for Women’s Business Research) |
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