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(Manchester, N.H.) – This morning U.S. Senator Jeanne Shaheen (D-NH) highlighted the important role women play in small businesses and growing the New Hampshire economy at the “Women and Money” forum hosted by the N.H. Center for Women’s Business Advancement. At the event, Shaheen focused on the importance of supporting women-owned small businesses and helping female business owners create jobs in the state.

The Center for Women’s Business Advancement offers workshops, one-on-one counseling and business training for businesswomen in New Hampshire. The “Women and Money” forum marks the first major event the organization has hosted since its opening last February.

“This forum is an important milestone for the Center of Women’s Business Advancement and a big step in the right direction for businesswomen in New Hampshire,” said Shaheen, a member of the Senate Small Business and Entrepreneurship Committee. “As a former small business owner, I know that female entrepreneurs often face unique challenges. By providing access to business resources and financial tools, Women’s Business Centers are putting New Hampshire businesswomen in a position to succeed.”

“We are thrilled that Senator Shaheen joined us at this event which is of such importance to budding entrepreneurs and established New Hampshire business owners alike,” said Center for Women’s Business Advancement at SNHU Director MaryAnn Manoogian. “It has never been more important for women business owners to gain the financial knowledge they need to build strong and profitable businesses and we know that Senator Shaheen shares our passion for economic growth.”

Though women make up over half the population in the United States, approximately only 30 percent of businesses are owned by women. That number is even lower in New Hampshire, with approximately 28 percent of businesses statewide owned by women. Shaheen and Manoogian both emphasized that providing women with business resources will increase the number of women business owners and help stimulate economic growth in New Hampshire and across the country.