On March 20th, New York Women’s Chamber of Commerce held its 2015 State of Women in Business meeting at Columbia University. The title of the meeting was “Goals Vs. New Reality” and it offered women business owners the opportunity to share their concerns and ideas and get more information about the present Minority and Women Business Enterprise (MWBE) situation and its future perspectives. At the event, NYC chair of the Committee on Contracts Helen Rosenthal spoke about what the NYC Council is doing to improve local law 1 and increase contracting opportunities. Commissioner of NYC Department of Small Business Services Maria Torres-Springer presented the official report with data and progress, and shared her hopes on building a city of shared opportunities where people are connected to good jobs. Everyone agreed on her statements that we all need a Fair Economy and stronger businesses that would unlock the potential of all New Yorkers, specially the vulnerable ones. The Commissioner felt positive about the fact that New York City leads the nation in women-owned businesses, however the challenges and needs remain, like the access to capital for women – the funds should be more accessible with the whole system to get more innovative and unveiled the City’s new initiative WE NYC, dedicated to women entrepreneurs. Minority and Women Business Enterprises got its agenda as well: it was stated that 50% of small businesses are owned by immigrants, so multiple languages initiatives should be present, the whole system needs to be more persistent to ensure MWBE’s participation. After the informative speeches, the women who attended this annual event had a chance to share their business experiences, ask questions and bring to the table their ideas and suggestions for more opportunities and a more friendly environment for MWBEs. The New York Women’s Chamber of Commerce would like to thank all of the attendees and the Speakers for making the 2015 State of Women in Business a success!