On each episode of Talking Business Now, host Kelly Scanlon and her guests deliver the inside scoop on how America’s most successful entrepreneurs are transforming their industries—and even creating new ones. You'll also hear from the top business minds in the country, best-selling business authors and nationally recognized business gurus as they deliver practical tools, tips and advice for growing your business.
Virginia Littlejohn Reflects on the 30th Anniversary of the the Women’s Business Ownership Act of 1988
This year marks the 30th anniversary of monumental legislation for women business owners. President Reagan signed HR5050, also known as the Women Business Ownership Act of 1988, into law on Oct. 25, 1988. Still considered the “Big Bang” of women’s business ownership, the legislation removed the mandatory requirement in many states for a male to sign a woman’s business loan, established the Women’s Business Centers, required the Census to count women-owned C corporations, and created the National Women’s Business Council, which reports to the president and Congress.
In this episode of Talking Business Now, C-Suite host Kelly Scanlon talked with Virginia Littlejohn at the 21C Hotel in Kansas City, Missouri, as Virginia celebrated the 30th anniversary with the Kansas City chapter of the National Association of Women Business Owners, an organization that was instrumental in the legislation’s passage. Virginia, a primary architect of the legislation, joins the C-Suite to provide a behind-the-scenes look at the effort that resulted in this game-changing legislation, it’s impact on women’s entrepreneurship and the issues and opportunities for current women business owners.
Virginia is the president and co-founder of Quantum Leaps, a non-profit global accelerator for women’s entrepreneurship. She’s served as an advisor to major international institutions for several decades, she created the Global Banking Alliance for Women and WEConnect International, which links WBOs to procurement opportunities in 25 countries. Currently, she is Global Strategist for the Women and Trade Program for the UN’s International Trade Center in Geneva, and she chairs the U.S. delegation for the Women’s 20 of the G20 countries. She’s also a U.S. delegate to the Business 20.
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