Candidates for the fifth Women’s Economic Mobility Hub cohort sought

The Women’s Foundation of Arkansas (WFA) is seeking candidates for the fifth Women’s Economic Mobility Hub (WEM Hub) cohort. The six-month program supports Black women-owned businesses by providing technical assistance and additional resources, including $5,000 in unrestricted grant funds, to help scale their businesses.

Black female entrepreneurs interested in participating can apply at womensfoundationarkansas.org. The application deadline is May 20.

“Arkansas has a wealth of talented Black women entrepreneurs poised to make significant contributions to our economy and communities,” said Anna Beth Gorman, CEO of the Women’s Foundation of Arkansas. “Through the WEM Hub program, we aim to support Black women-owned businesses, particularly in underserved regions of our state. This program gives these entrepreneurs the tools, resources and networks they need to thrive.”

WEM Hub is supported by individual donors and organizations who are deeply invested in this mission, including Walton Family Foundation, AT&T, Entergy Arkansas, Winthrop Rockefeller Foundation, U.S. Bank, Bank of America, Arvest Bank and Wells Fargo.

Through a combination of online trainings and in-person meetings, the WEM Hub offers a comprehensive support system for Black women entrepreneurs, including:

• Technical assistance
• $5,000 in unrestricted grant funds
• Expert advice from industry professionals surrounding topics such as accounting and financial management, business development, legal services and more.
• Ongoing mentorship support and counsel
• Peer-to-peer learning sessions
• Communications, public relations and marketing training
• Leadership skills development
• Relationship-building opportunities with participating financial institutions.