The National Women’s Business Council (NWBC) was established as an independent advisory council on October 25, 1968 by the Women’s Business Ownership Act of 1968 (Pub. L. 100-533). NWBC was created to review the status of women–owned business nationwide; the role of Federal, State and local governments in assisting and promoting aid to, and the promotion of, women-owned business; data collection procedures and the availability of data related to women-owned business; and government initiatives relating to women owned business, including those related to Federal procurement.