According to the Senate Committee on Small Business and Entrepreneurship, women have created about half of the new small businesses launched since the start of the COVID-19 pandemic. Yet they often face challenges in accessing capital and resources needed for success. That’s why Bank of America and the Tory Burch Foundation launched the Tory Burch Foundation Business Webinars, a new pillar in their long-term commitment to empower women entrepreneurs.
Targeting early-stage, women-led businesses in all industries, the Business Webinars feature education on a range of entrepreneurial topics and a robust content library for on-demand learning.
The Webinars are poised to be the largest, free online educational resource available for women entrepreneurs -- building on a decade-long partnership-- including The Tory Burch and Bank of America Capital Program, which provided more than $100 million in low-cost capital to women entrepreneurs.
“Through our 10-year partnership with the Tory Burch Foundation and our extensive work with small business clients, we know that women entrepreneurs need greater access – whether that’s access to training, mentorship, networks, capital or markets,” said Pam Seagle, CSR strategy executive and global manager for women’s programs at Bank of America “This is a one-of-a-kind platform that has potential to reach thousands of women entrepreneurs who wouldn’t have had access to a resource like this before.”