The Full Form of TWF is The Wisdom Fund.
The Wisdom Fund is a fixed income vehicle that increases capital access and lending for women-owned businesses. It is a co-created effort to bring new thinking, experimentation, and sustainable solutions to drive wealth creation for women, specifically low-income and women of color in the United States.
Every day 1,800 new women-owned businesses are added to the U.S. economy, yet women-owned businesses receive a small fraction of total small business lending.1 Recently, there has been increased attention around the funding gap women face in venture capital, however, the impact of the small business lending gap, which can affect many of the 12 million women-owned businesses in the U.S., is likely more significant.2
Capital access is a significant issue for female entrepreneurs3 and is particularly pronounced for minority female entrepreneurs. To illustrate, “if revenues generated by minority women-owned firms matched those currently generated by all women-owned businesses, they would add four million new jobs and $1.2 trillion in revenues to the U.S. economy.”
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