[Congressional Record Volume 159, Number 151 (Monday, October 28, 2013)]
[Senate]
[Pages S7570-S7571]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
TRIBUTE TO HEDY RATNER AND CAROL DOUGAL
Mr. DURBIN. Mr. President, I rise today to thank two exceptional
women who have been strong advocates for social justice and for the
advancement of women's business ownership in the State of Illinois,
across America, and beyond.
Hedy Ratner and Carol Dougal have recently stepped down after working
27 years as the founders and co-presidents of the Women's Business
Development Center, WBDC. The WBDC is the first, and largest, nonprofit
organization that provides services to encourage women's business
ownership across the United States.
[[Page S7571]]
When the WBDC was founded in 1986, less than 10 percent of the
businesses in the United States were owned and operated by women.
Today, thanks in part to the leadership and encouragement provided by
Hedy and Carol, there are over 8.6 million women-owned businesses
throughout the country, generating over $1.3 trillion in revenues this
year and employing nearly 7.8 million people.
As a champion for women's economic development, the WBDC has worked
to assist tens of thousands of women in entrepreneurial efforts
nationwide. From business certifications to financial assistance
workshops, the WBDC provides women business owners with the training
they need to establish and expand their businesses. By providing women
with essential resources to become successful business owners, the WBDC
has empowered women and helped them achieve economic independence
through entrepreneurship.
Since its founding in 1986, the WBDC has expanded in size and scope
from a two-person operation seeking to address the lack of
representation of women in the business sector, to a staff of 24 full-
time employees and contractors that now influence policies on the
federal, State and local levels. The achievements of Hedy and Carol are
significant, and the positive role of the WBDC in supporting women's
entrepreneurship is evident.
On behalf of the people of Illinois, I thank Hedy and Carol for their
27 dedicated years with the WBDC and congratulate them on their many
contributions for women in the business sector. I wish both of them the
best as they continue to inspire and provide leadership for women's
entrepreneurship in the years to come.
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