SOURCE: Empower 180

Empower 180

August 25, 2010 15:26 ET

Wake Up Los Angeles: LA on Verge of Losing Access to $300M in Private Stimulus Money for Women Entrepreneurs -- Reported by Empower 180, Inc.

Major Stars Ready to Inspire, Empower and Fund Women Entrepreneurs, but LA Women in Need of Money and a Break Are Not Responding

LOS ANGELES, CA--(Marketwire - August 25, 2010) - Many of the 250,000 LA women business owners tout they need cash to get their business rolling, but it's no wonder they are struggling. An organization comprised of celebrities and leaders are offering these women access to $300M in capital, and no one is stepping up. 

If you had $300 Million to reshape the economy, how would you spend it? Well, if you're one of the star-studded members of the Empower 180 panel (Paula Abdul, Kevin Harrington, Sheila Stewart and more), you'd hit the road and focus on the fastest growing sector of small business, women entrepreneurs, and you would start in one of the states that has been hardest hit by the economic downturn, California.

Frustration mounts as angel investors have "ponied" up money for the cause, are ready to assist LA women-owned businesses, yet no one is stepping up to accept the stimulus. It goes with the saying "misery loves company."

"We made a decision to launch in LA because we understand that this is a city in dire need of economic stimulus. We are bringing access to over $300M and would like to get this cash into the economy to make a lasting impact. But the reality is, if no one in LA steps up, then we'll take our money and resources to a city that wants it," said Sheila Stewart, CEO, Empower 180, Inc.

Females today represent one of the fastest growth engines in America, opening small businesses at a rate of 3:1 compared to men.

"They've got ideas. They've got the drive. And if they just had the funds, they could add nearly a million jobs to the American economy. Now THAT is an economic stimulus package!" continues Sheila Stewart. 

Celebrities and leaders (including CEO/Founder Sheila Stewart) are ready to speak out about this private economic stimulus program that is on the verge of being pulled from LA.  

For more information, please visit www.Empower180.com, or contact Caren Lancona at caren@bsceneadvertising.com or 949-307-3617.

Contact Information