U.S. $1.5 Billion in Contracts for Women-Owned Businesses Worldwide

BillionAndHalfDollarsWEGG

A new initiative aims to change the fact that women-owned businesses around the world receive only a fraction of the money that large organizations spend each year on new business contracts.

A half-dozen of the big guys – from IBM to Coca-Cola to Wal-Mart – will award $1.5 billion in contracts to women-owned businesses between 2013 and 2018.

Let’s track it ladies so you can grow your businesses!

In addition to the funds, other large firms and nonprofits are pledging assistance in the form of training, mentoring and strategy development to help women business owners grow and compete more effectively, Elizabeth Vazquez, CEO and co-founder of WEConnect, a women-focused non-profit behind the initiative.

Read the entire article:  Global firms commit $1.5B for women-owned businesses

Photo courtesy:  epSos.de

Posted by:  Laurel Delaney

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