Walker’s Legacy was founded in 2016 as “a digital platform to empower women through entrepreneurship, and its adjoined nonprofit arm, the Walker’s Legacy Foundation, which was establish to empower income limited women through financial literacy and economic security,” as described by Founder and CEO Natalie Cofield. That’s the kind of entrepreneurial experience Cofield is bringing to lead the Office of Women’s Business Ownership at the U.S. Small Business Administration (SBA) under the Biden Administration.
Since its inception in 1979, the Office of Women’s Business Ownership has helped create and grow many women entrepreneurs around the country. The office provides advocacy, education, and all-around support for women who lack the necessary resources to become successful in starting and growing a business. In order to find further success in reaching out to these women, the Small Business Administration set up 135 Women’s Business Centers (WBC), which are available in almost every state today. These WBCs provide close guidance and training in networking, technical assistance, and mentorship.
Named 100 Most Powerful Women in Business in 2019 and 100 Most Powerful Washingtonians by the Washington Business Journal, Cofield is a graduate of Howard University, where she obtained her master’s in public administration.