For every dollar WEV raises, $15 is returned to the community and local economy through increased income for business owners, higher wages paid to employees, and local tax revenue.
Through WEV’s programs in the last 5 years.
Jobs created or sustained
By WEV-assisted businesses. On average, each of these businesses supports 2 jobs.
In local small businesses through WEV’s loan and grant programs.
WEV Businesses Generated
In local tax revenues. On average, each business brings in $165,000 in annual revenue.
Fueling the Local Economy
Small businesses are powerful engines of economic development. In the last five years alone, businesses started or expanded by WEV clients have made enormous impacts, creating hundreds of new jobs and generating millions in local community revenues.
Are over 50 years old when they come to WEV for assistance.
Empowering the Community
WEV is dedicated to the economic empowerment of women. To achieve this mission, we believe that we must work together to uplift and support historically marginalized communities to identify and address barriers to achieving economic success.
Experiencing poverty at intake move out of poverty.
Improving Financial Security
Entrepreneurship is a proven strategy for achieving greater earning power. Clients consistently report increases in household income and move out of poverty after receiving services from WEV.
"WEV helps business owners by facilitating space, connections, and guidance to further develop their business. WEV also gives you the opportunity to be empowered by a community of other mighty women business owners! I have learned a lot from my peers."
"WEV taught me how to track spending, create budgets, network, and how to be professional. I started to feel like a real businesswoman, instead of just a lady with an idea...I became part of a large community of women who were focused on helping and supporting one another."
"I love the concept of WEV and all of the people with whom I met. There is not another program that I have encountered that tops all that WEV has to offer in terms of guidance, support, opportunity, and ongoing relationships."
Matthew Berger, Matthew I Berger Law Group, A Professional Corporation
"Many external obstacles continue to challenge women as they work to grow their businesses and achieve financial security… WEV will continue to meet those challenges with the kinds of innovative programs and strategies for which we have become nationally recognized."
WEV believes measuring impact is critical to the organization’s success and highly values the ability to continuously improve programs as well as communicate our impact to stakeholders. To do this, WEV collects robust baseline information from each client when they enroll in WEV’s programs and then we systematically measure changes multiple times after program completion. This robust and sophisticated approach to data collection and analysis allows WEV to track and confidently report detailed client outcomes.
WEV’s 2021 Impact Report
WEV’s annual Impact Report illustrates the organization’s growth and adaptation to meet the needs of the community in 2021, drawing on WEV’s robust outcomes tracking, outside research, and community members’ stories.
2021 WEV Client Outcomes Research Report
Each year WEV publishes a report summarizing the key findings of its research on client outcomes.