Newspapers / The Carolina Times (Durham, … / Dec. 24, 1977, edition 1 / Page 10
Part of The Carolina Times (Durham, N.C.) / About this page
This page has errors
The date, title, or page description is wrong
This page has harmful content
This page contains sensitive or offensive material
V i y 'H" iv c - i--v"--f--v -" r v 'i - - - - T CAROLINA TIMES SAT..PECtM3ERtM77 uX3E -CClAltJ SPEAKS The Carter ; Administra-' tion is sponsoring"; a new program under which the Small Business Administra lion is beginning a Women-In-Business ownership cam paign. The target is $100 million in loans per quarter for women, made by banks across the U. S. with the Federal Government guaran tee. Seminars have been held forbank officials and in - terested women in its dis-. trict offices at these seminars women heard discussion on personal qualifications, financing a business, sources of capital, forms of records, resources locally available, consumer and business rela tions. Emphasis will be placed on improving the opportuni ties for women to bid PeterPan SUPERMARKET 517 BACON STREET MM Tkurs.-Fri.-Sot. The Management and Employees of Peter Pan Wishes You A Merry Christmas. BORDEN WHIPPING CREAM successfully for government contracts and on disseminat ing procurement information to you who want and meet it. ' The SBA is going to have a new look internally, with a strong stress on the. appoint-;--ment . and ' promotion of women and externally, with a , strong definitive program to encourage business ownership . by women. " . , - At , the " start -,this campaign is to be geared to -short term . goals to re orient SBA priorities. A pilot program will be developed in a selected area where women already have experience and , the leap' -to .ownership position is not great. , Retired business volun teers and active executives will ' provide counseling on management and on training managers. The SBA will in crease its number of women loan officers and supervisory officers . to provide more sensibility to the problems women face in business. . Over the longer - term, the strategy of the small busi ness administration will be keyed to the development of specific programs.:. . Under SBA's regular loan program, credit can be provided up to $500,000.; The need, the challenge, the long history of discrimination and ignorance are dramatized by these statistics: . - Women make , up 51 J per cent of our national population,; they own only 4.6 per ; cent of the busR ness; . ,- . , . Of all SBA loans last year , only . 11 per cent went to women and in dollar terms, : the proportion was 8 per cent; '- -v- In fiscal year 1977, loans to women have been averag ing about 27 less in dollar1 amount : that other loans; In 1976 only 11. 9 per cent of those counseled through the SBA manage ment assistance programs were women,' . ; For those in our local area seeking information about SBA loans, please call the Durham Business and Professional Chain, 688-7356 or stop by our office , at 511 Grant Street. . THE CAROLINA TIMES can be in your mailbox every weekend for a year for only 1 $8.84 CALL TODAY - 688-6587 r The Annual Stockholders meeting of i:UTUl SAOS & LOAN ASSOCUMI . previously held on the second Tuesday in January. will be held for4! year of 1978 after March 31, 1978. Duloce will be given prior to meeting. r V 1 : i CHARTERED - The North Carolina Central University chapter of tht National Student Business League received its charter at a banquet last week. Shown pre senting the charter is Robert W. Owens, national president of the National Student Business Leaguesecond from left. Receiving the charter is Warren Clyburn of Mon roe, president of the NCCU chapter, a senior business administration major with a concentration in financial management. Lookipg on are Dr.Tyronza R. Richmond, dean of the NCCU School of Business; David L. Harrison, second from right, pre sident of the Durham Business and Professional Chain; and John V. Turner, right, chairman of the NCCU Department of Business Administration.
The Carolina Times (Durham, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Dec. 24, 1977, edition 1
10
Click "Submit" to request a review of this page. NCDHC staff will check .
0 / 75