HomeMy WebLinkAbout4988-22 Special Resolution for Women's Entrepreneurs U O
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"` r` BILL NO. 22-54
SPECIAL RESOLUTION NO. 4988-22 * % :
A SPECIAL RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND,
INDIANA COMMEMORATING NOVEMBER 19, 2022, AS WOMEN'S ENTREPRENEURSHIP DAY
IN SOUTH BEND, INDIANA AND CELEBRATING WOMEN ENTREPRENEURS WHO PLAY A
VITAL ROLE IN STRENGTHENING SOUTH BEND'S ECONOMY
6ifeead women in developed and developing nations alike are contributing to the diversity and inclusiveness
of business expansion at a rapid rate and are vital to the growth of local and global economies; and
6Xre Bad, in the United States, according to a 2017 study conducted by the National Association of Women
Business Owners, more that 11.6 million firms were owned by women, employing nearly 9 million people, and
generating$1.7 trillion in revenue; according to that same 2017 study, women-owned businesses comprised 39
percent of all private firms, contributing an estimated 8 percent of employment across the United States and 4.2
percent of revenue; and
41e, American Express'annual State of Women-Owned Businesses Report 2019—which merges data
from the Bureau of Economic Analysis and the Census Bureau-found that 42 percent of all American
businesses are owned by women and estimates America's total number of businesses led by women climbed 21
percent between 2014 and 2019 to nearly 13 million operations, while overall business growth in the U.S. was
about 9 percent during the same period. Meanwhile, revenues generated by women-run businesses ballooned
21%to $2 trillion, while the jobs they created rose by 8 percent to 9.4 million, both growth totals exceeding the
national averages for companies headed by executives of any gender; and
Ofigrea4 in Indiana, according to the U.S. Small Business Administration 2021 report women made up 47.3
percent of the workers and owned(187,915)42.4 percent of businesses across the state; and
Worea4 according to the most recent United States Census reported in July 2021, 11.8 percent(690) of
business in St. Joseph County and 12 percent(239) of businesses in South Bend were women-owned; and
6Xrea4, despite positive growth,the barriers for women-owned businesses, especially minority women-
owned businesses,remain real. The U.S. Chamber of Commerce latest survey indicated women-owned small
businesses were the hardest hit and since the onset of the COVID-19 pandemic, many women- and minority-
owned businesses have closed nationwide, with South Bend being no exception, while the gender wage gap
continues to see disparity across Indiana and the United States; and
Of/tertad eradicating extreme poverty across our state and closing the gender gap in our nation depends on
ensuring inclusive economic growth that reaches typically excluded populations like women and communities
of color; and
6 exead Women Entrepreneurship Day is a global movement to recognize and promote the advancement of
women entrepreneurs, support women in business by encouraging women leaders, innovators, and
entrepreneurs to initiate startups, drive economic expansion, and advance communities worldwide; and
Cexead the economic impact of women-owned businesses is undeniable from the trillions they generated via
revenue to the millions of jobs they provide and Women Entrepreneurship Day celebrates this and furthermore
empowers women and girls to be active participants in our global and local economies and to build a network of
women leaders; and
��� ra74 Women Entrepreneurship Day is celebrated in the United Nations, in over 144 countries, and
annually in the State of New York,the cities of New York, Philadelphia, and Los Angeles; and
We d the state of Indiana recognizes and promotes the advancement of women's entrepreneurship
throughout our state and nation.
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Section I: We, the South Bend Common Council, with Mayor James Mueller, do hereby proclaim and
commemorate November 19, 2022,as "Women's Entrepreneurship Day" in South Bend, Indiana, and commend its
observance to all residents.
Section II:The Common Council joins with the Mayor to recognize and thank organizations such as C2 Your Women's
Health Women's Initiative Inc.,the University of Notre Dame's South Bend Adversity Entrepreneurship Program,St.
Mary's College SPARK Program,the South Bend Regional Chamber of Commerce, and others,who are supporting,
mentoring, and growing women-owned businesses in our community.
Section III:The Common Council joins with the mayor and community organizations calling for residents to support
women entrepreneurs in our community by patronizing, investing in,and promoting women owned businesses.
Section IV: The Common Council joins with the Mayor and community organizations to celebrate and
highlight the creative women entrepreneurs who play a vital role in driving innovation, strengthening South
Bend's economy and creating jobs.
Section V: In doing so, South Bend will continue on the path to being a more vibrant and prosperous
community.
Section VI: This resolution shall be in full force and effect from and after its adoption by the Common Council
and approval by the Mayor.
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Sharon McBride, President,
South Bend Common Council
Attest:
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Dawn M. Jones, City Clerk
Presented by me, the undersigned Clerk of the City of South Bend, to the Mayor of the City of South
Bend, Indiana on the 1514- day of November 2022 at 11 o'clock Qr. m.
ZetereeZ 91:1Pm-007W i
Dawn M. Jones, City Clerk
Office of the City Clerk
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Approved and Signed by me, on the 21 S day of November 2022, at .ro'clock p . m.
Ja s Mueller, Mayor
City of South Bend