'Making Dollars and Sense' for South Asian businesswomen
New York, March 14 : A group of financial experts and successful South Asian women entrepreneurs are embarking on a six-city financial education tour to provide tips on what they call "Making Dollars and Sense."
The group will offer South Asian women business owners insights and resources on topics such as building business credit, reinvesting in a business, protecting credit and maximizing relationships with business bankers.
Kicking off in San Francisco on April 18, the tour has been launched by South Asian Young Women Entrepreneurs (SAY WE), a network of business-minded executives in the fields of technology, finance, entertainment and fashion, in association with the Indian consulate in New York and powered by financial services major Wells Fargo.
After the first event, the tour, in celebration of National Women's History Month in March, will stop in Los Angeles (April 18), Houston (May 9), Dallas (May 14), New Jersey (May 23), and culminate in New York City on May 30.
"The panellists we have chosen in each of the six cities are of the most successful and driven South Asian women business owners in the country," said Reema Rasool, founder and executive director of SAY WE.
"They will provide insights and share their journey with women who have just launched their business venture or those who are facing challenges as a result of the recent economic downturn," she said.
"South Asian women entrepreneurs are helping to shape the future of small business and our economy," said Rahul Baig, head of Wells Fargo's Northeast Corporate Banking.
"We're honoured to work together with SAY WE to offer these business owners financial education resources to help them succeed financially - in business and personally."
SAY WE and Wells Fargo said they aim to support South Asian entrepreneurs and provide greater access to financial tools and resources to women-owned businesses - a group that has grown in size by more than 20 percent from 2002 to 2007, according to the latest census data.
As part of its commitment to support women business owners, Wells Fargo is committed to lending a cumulative total of $55 billion to women-owned businesses in the US by the year 2020, the company said.