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THE WHITE HOUSE

Office of the Press Secretary

For Immediate Release June 7, 1995

       BETSY MYERS NAMED DEPUTY ASSISTANT TO THE PRESIDENT AND 
            DIRECTOR OF WOMEN'S INITIATIVES AND OUTREACH

President Clinton today named Betsy Myers, an entrepreneur and former director of the U.S. Small Business Administration's Office of Women's Business Ownership, as Deputy Assistant to the President and Director of Women's Initiatives.

Since September, 1993, Myers has served as SBA's Assistant Administrator for the Office of Women's Business Ownership. In that post, Myers responsibilities included: coordinating federal efforts on behalf of nearly 7.8 million women entrepreneurs; speaking on behalf of women business owners throughout the country; increasing access to capital and technical assistance for women entrepreneurs; overseeing a nationwide mentor program, which brings together experienced women CEOs with women business owners ready to expand their business; and negotiating prime and sub-contracting goals for women-owned businesses with federal agencies.

Before joining the SBA, Myers was the owner of Myers Insurance and Financial Services of Los Angeles, California -- specializing in women-owned businesses, providing insurance, employee benefits, as well as retirement planning and investments. Myers earned a Bachelor of Business Administration from the University of San Diego.

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