Home: Road to recovery for Women-Owned Businesses

At Union Bank®, we know the pandemic has had a disproportionately high impact on women-owned small businesses. That’s why we are hosting another virtual event to bring women business owners together with other business leaders and experts who can provide answers, and resources in what continues to be a challenging time for so many. According to our recent survey¹:

Women reported significantly higher revenue losses for their small businesses. Women-owned small businesses saw a median revenue loss of 50%, whereas male-owned businesses only saw a loss of 35%.
Women small business owners were unable to invest in their businesses as much as their male counterparts. On average, Women small business owners invested only $17,000 in COVID-19 adjustments, compared to the $38,000 spent by male owners.

We will zero in on practical advice for small business owners and how we all can support those in our communities as we enter into this next phase of our new normal. Please join us for this interactive, virtual event where we will discuss:

Survey results highlighting sentiment from small business owners in California on the impact of the pandemic and their outlook moving forward¹
Lessons learned from business owners who are navigating the same challenges
Changes and new best practices that are here to stay
Resources business owners should be aware of including grants, community support, diversity lending and SBA loan programs.

The session will be followed by a live Q&A session during which you can ask your most pressing questions.