This paper outlines the characteristics and needs of the small business owner and discusses recent developments in entrepreneurship education. Special mention is made of two programs funded by the Small Business Administration to support development of programs to train men and women in entrepreneurial skills. Although most programs do not focus specifically on the training needs of women, the Office of Women in Business of the Small Business Administration works actively to assist women entrepreneurs. Some private sector training programs are also designed especially for women entrepreneurs. The study further raises equity issues in discussing the relationship between vocational guidance and entrepreneurship training. Although some work has been done to determine the characteristics of the "entrepreneurial personality," researchers must investigate further the characteristics and special needs of women in small business. Research must verify those traits which predispose the woman entrepreneur to succeed. In addition, educational materials and vocational testing practices should be reexamined in light of equity concerns. Finally, more exemplary programs for the woman small business owner must be developed and field tested. The federal government should extend efforts to include women in the contract procurement process and to ensure that the special needs of women entrepreneurs are met. (KC)