A timely article from The Financial Times outlines an analysis of the ever-widening gap that remains between the number of investors that roll the dice on male-founded companies versus female-founded companies. The exposé by Kate Bassett, entitled, “Female founders seek remedies to lack of backers,”
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“The most common way people give up their power is by thinking they don’t have any.”
-Alice Walker
March marks the beginning of Women’s History Month, and this Wednesday, March 8th, 2023 is International Women’s Day. Both of these annual periods of recognition commemorate the significant influence and impact that women have had on our global society and honor the strides that women and girls will take as the future unfolds.
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As a wegg® Board Member, Hinrich Foundation Research Fellow, and Founder and CEO of Nextrade Group, Kati Suominen holds key insight into the ebbs, flows, and effects of global e-commerce. She recently published a report with the Hinrich Foundation entitled, “The Last Mile: How technology helps and hinders the toughest leg of global commerce.”
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“Never underestimate the power of dreams and the influence of the human spirit. We are all the same in this notion: The potential for greatness lives within each of us.”
-Wilma Rudolph, U.S. track and field athlete
Happy Black History Month 2023 from all of us here at wegg®!
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wegg® is inspired by a recent financial enfranchisement program developed by UN Women and a Congolese women’s civil society organization in which women in the Democratic Republic of Congo are assisted in registering their marketplace businesses. This effort called the “Support Project for the Development of Micro,
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When a need for a product or service is exposed within a community, that disparity serves as an opportunity for an entrepreneur. In the case of the Brazilian village of Sitio Tambor, this was a group of aspiring entrepreneurs. A collective of mothers in this rural area of the eastern state of Paraíba discovered during the height of the COVID-19 pandemic that it was becoming increasingly difficult to acquire larger and larger sizes of clothing for their growing children.
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All of us here at wegg® wish you and your community a happy holiday season and a prosperous 2023!
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“A goal without a plan is just a wish.”
– Antoine de Saint-Exupery
Amidst the joy and chaos of the holiday season, it is beneficial for entrepreneurs, budding and experienced, to take time to draft their business plans and strategies for the year ahead.
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As inflation, supply-chain management, and the labor shortage have unfolded in the last several years, the world economy has rapidly shifted concurrently. All of these factors come to a head at one point: globalization. The globalization faction of business looks different now than ever before.
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We are proud to celebrate the 9th annual Women’s Entrepreneurship Day, which takes place this Friday, November 19th, 2022! The entire month of November is nationally recognized as Entrepreneur Month, with National Entrepreneurs Day falling on November 16th this year. Especially acknowledging the exceptional contributions that women entrepreneurs make to their businesses and the world around them is a priority every day here at wegg®.
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