Dietel & Partners Earns Certification as a Women-Owned Business
The Women's Business Enterprise National Council, commonly referred to as WBENC, has certified Dietel & Partners as a Women’s Business Enterprise. WBENC is the leading authority on and certifying organization for women's business enterprises (WBEs) in the U.S. and U.S. territories. Certification requires that the WBE has gone through a rigorous and stringent certification process to confirm the business is majority owned, managed, and controlled by a woman or women.
In our case, Dietel & Partners is 100% women-owned and led and we are proud to be part of a growing and vibrant portion of the economy.
As a firm, we have always worked to advocate for gender awareness, not only within our own shop, but with our clients and our grantee partners. Gender awareness goes beyond supporting programs and activities that empower women and girls. It requires that we take a broader look at how our actions and non-actions impact people based on their gender identity. In 2015, we hired Mama Cash, the first international women’s fund that supports women’s, girls’ and trans people’s movements around the world, to do an audit of our internal and grantmaking processes. Since that time, we continue to revisit our own practices and encourage others to look at theirs.
“We are excited to be part of the Women-Owned community and are eager to shine a light on the importance of Women-Owned businesses. One of the founding principles guiding our work at Dietel and Partners is: ‘paying attention to the well-being of women and girls has an outsized impact on our communities and our environment.’ Being certified as Women-Owned was the logical next step in our gender commitment. “ – Tory Dietel Hopps
From Women Business Enterprise National Council:
When you support Women-Owned businesses, you are investing in women's economic empowerment, gender parity in commerce, vibrant communities, and the growth of the economy overall. Here's why:
Women-Owned businesses represent a significant portion of economic and business growth. As of January 2017, there were an estimated 11.6 million Women-Owned businesses in the U.S., employing nearly 9 million people and generating $1.7 trillion in revenues.
Over the past 20 years, the number of Women-Owned businesses has grown 114 percent compared to the overall national growth rate of 44 percent for all businesses.
As of 2017, Women-Owned businesses account for 39 percent of all businesses in the U.S. but only 4.2 percent of overall business revenues.
Women entrepreneurs face challenges getting fair access to capital. Just 4 percent of the total dollar value of all small business loans goes to women business owners.
Women reinvest up to 90 percent of their income in their families and communities, compared to 40 percent for men.