OWBOOffice of Women's Business Ownership
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Formed to address the disparity in loans guaranteed to women, the OWBO offers two viable options for women to start or expand their business.
Betsy Myers, the assistant administrator at OWBO, says that women business owners were receiving only 8% of SBA guaranteed loans during the Bush administration compared with 40% for men.
The program aims to raise that to at least 15%, says OWBO Director Betsy Myers.