Founder Makes Last Remarks as WEV Staff Member

WEV Founder Marsha Bailey

The founder of Women’s Economic Ventures said Oct. 15 she made her last official remarks as a WEV staff member during the organization’s virtual fundraising drive. 

After starting WEV in Santa Barbara in 1991, Marsha Bailey said the organization has helped thousands of women, men, Latinos and African-Americans in their private enterprises. 

However, she said the playing field “is not level.” Bailey said more needs to be done to deal with this issue.  “But clearly the events of 2020 have shown us how far we have yet to go in achieving that just and equitable society,” she said.

“Together we roar,” she said. “I hope that together we can change the world.” 

Bailey announced last year that she would step down as WEV CEO after 30 years in that role. Kathy Odell has taken charge as WEV CEO. 

WEV has provided microenterprise development services to women and men in Santa Barbara and Ventura counties. It developed a 14-week business training program and created the WEV Loan Program to provide loans. 

More than 5,000 businesses have started or grown with WEV’s aid. It has created or sustained some 9,400 local jobs. WEV offers training in English and Spanish. 

Posted Oct. 15, 2020. 

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