Cabral and GNBWIB Announce $50K Grant for Women Entrepreneurs
NEW BEDFORD — State Representative Antonio F.D. Cabral (D-New Bedford) and the Greater New Bedford Workforce Investment Board (GNBWIB) announced that the Board has received an Urban Agenda grant of $50,000 from the Executive Office of Housing and Economic Development (EOHED).
GNBWIB will use this state grant to support the WomEntrepreneurship and Business New Bedford (WEB New Bedford) project. The project’s goal is to work collaboratively with City-wide institutions, including Bristol Community College, and help women entrepreneurs create and grow their businesses.
“The Greater New Bedford Workforce Board is extremely honored to receive this award from EOHED,” said James D. Oliveira, Executive Director and CEO of GNBWIB. “The funds will be applied to assist women with a business idea to develop plans to bring their concept to life and become financially independent. The assistance rendered is a unique partnership among our local entrepreneur community of practice.”
“In order for our regional economy to grow, we need to invest in women and in their ideas,” said Rep. Cabral. “This grant will not only support women entrepreneurs, but will create a more diverse and welcoming economy here in New Bedford.”
WEB New Bedford aims to enhance economic development opportunities, including business assistance and access to seed money, throughout the City – a strategy that aligns with the New Bedford 2020 Master Plan. As described by EOHED, the project will recruit participants with a focus on women, minority, and/or Puerto Rican hurricane relocates.
--Rep. Cabral's Office