Archive for the 'Economic growth' Category

Women Entrepreneurs Need Access to International Markets to GROW

women-entrepreneurs-needaccesstointernationalmarketstogrow

Our Coalition Partner, Women Impacting Public Policy, talks about ten things our U.S. presidential candidates need to know about women entrepreneurs.  We could not agree more with one of their points:

Women business owners seek markets beyond US borders. With 95% of consumers living outside of the U.S. representing 2/3 of the world’s purchasing power, women’s growth must be fueled by access to international markets. Strengthening the existing support of the Federal government for small firms should complement non-profit and private export assistance to small businesses. Our government must continue its efforts strengthening intellectual property (IP) rights and protections at home and abroad to encourage more entrepreneurship and the global expansion of women-owned firms.

Read more:  Ten Things Candidates Need to Know About Women Entrepreneurs

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next_up_5oct_2016_wegginarNote: Don’t miss our next WEGG webinar 10/5 on “Cyber Security,” and presented by Linda Kelly, Sr. Relationship Manager, Commercial Client Coverage, HSBC Bank USA. Register here: https://attendee.gotowebinar.com/register/7621255329636249348. Event is no charge but you must register in advance to attend.

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The US Empowers Women Entrepreneurs in Africa

U.S Ambassador to Botswana, Earl Miller

U.S Ambassador to Botswana, Earl Miller

The African Women Entrepreneurship Program (AWEP) in partnership with United States Agency for International Development (USAID) provides professional networking business development and trade capacity building system of opportunities for networks, which will assist female entrepreneurs across sub-Saharan Africa in relation to their businesses. In Africa, women are the backbone of communities and the country’s greatest potential to unlocking economic growth as they provide the majority of labor with the least amount of resources.

For her part AWEP chairperson, Chigedze Chinyepi encouraged women in businesses to take advantage of the programme in order to develop their businesses and mindset.

The partnership is expected to bring positive results in changing lives and businesses of women entrepreneurs in Maun and the surrounding areas.

Read more:  US-backed agency empowers women entrepreneurs

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next_up_5oct_2016_wegginarNote: Don’t miss our next WEGG webinar 10/5 on “Cyber Security,” and presented by Linda Kelly, Sr. Relationship Manager, Commercial Client Coverage, HSBC Bank USA. Register here: https://attendee.gotowebinar.com/register/7621255329636249348. Event is no charge but you must register in advance to attend.

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Emirati Women Reaching Higher Levels of Excellence

EmiratiWomenReachingHigherLevelsOfExcellence

The Emirati youth are establishing small and medium businesses, which contribute highly in developing the economic and social sector of the nation.  Many are thinking broadly and away from formal employment.

Ameera Binkaram, Deputy Chairperson of Nama and Chairperson of Sharjah Business Women Council (SBWC), stated, during the recent 1020 Exhibition for entrepreneurs:

Female entrepreneurs had proven, over the years, that they were well-qualified to manage successful business projects. “Today, we witness an important shift to a level of management based on innovation, and we expect that Emirati women will reach higher levels of excellence,” she said.

Read more:  Emirati women tipped to scale the heights in entrepreneurship

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next_up_13July_2016_wegginarNote: Don’t miss our next WEGG webinar 7/13 on “China Exports: Growing Brand Recognition Locally First,” and presented by expert Nicole àBeckett, President of Mercatura Global. Register here: https://attendee.gotowebinar.com/register/1045496295028407041. Event is no charge but you must register in advance to attend.

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How to Add $12 Trillion to Global Growth. Advance Women.

HowtoAdd$12TrilliontoGlobalGrowth

The folks at McKinsey & Company have the global growth thing figured out.  A McKinsey Global Institute (MGI) report (September 2015), The power of parity: How advancing women’s equality can add $12 trillion to global growth, finds that $12 trillion could be added to global GDP by 2025 by advancing women’s equality. All sectors — public, private, and social sectors — need to act to close gender gaps in work and society.

Gender inequality is not only a pressing moral and social issue but also a critical economic challenge. If women—who account for half the world’s working-age population—do not achieve their full economic potential, the global economy will suffer.

Read more:  How advancing women’s equality can add $12 trillion to global growth

Read the report:  The power of parity: How advancing women’s equality can add $12 trillion to global growth

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next_up_4May_2016_wegginarNote: Don’t miss our next WEGG webinar 5/4 on seven (7) ways to turn cross-cultural understanding into a competitive advantage and presented by expert Sophie Lechner. Register here: https://attendee.gotowebinar.com/register/1760398754302968579. Event is no charge but you must register in advance to attend.

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Uplifting Women Worldwide Economically

UpliftingWomenWorldwide

New Delhi, India Chief Minister Mukul Sangma has a desire to “desire to partner with FICCI Ladies Organisation (FLO) to enhance the socio-economic position of women in the matrilineal state.”

He also added that:

… promoting woman entrepreneurship is crucial in the fight against poverty and felt for the need to have access to financial resources, a legal framework of non-discriminatory regime and a woman friendly economic system for women entrepreneurs.

Read more:  CM for socio-economic uplift of women

Note:  Don’t miss our next WEGG webinar 4/13 on how to negotiate a winning foreign distributor agreement and presented by expert Doris Nagel.  Register here.  Event is no charge but you must register in advance to attend.

The Role of Women Entrepreneurs in Emerging Markets

TheRoleOfEntrepreneurshipInEmergingMarkets1 TheRoleOfEntrepreneurshipInEmergingMarkets2

Four female entrepreneurs (as shown above) weigh in on four key questions concerning the role of entrepreneurship in emerging markets:

  1. What opportunities do entrepreneurs in emerging markets have?
  2. How do you see entrepreneurship fitting into the economic-development picture in emerging markets?
  3. How may women entrepreneurs break through barriers in emerging markets?
  4. How can governments—both in emerging and established economies—help create conditions necessary to sustain and scale businesses?

Read the entire interview:  How to Foster Entrepreneurship in Emerging Markets — A Q&A with Four Entrepreneurs on the Global Startup Landscape

Note:  Don’t miss our next WEGG webinar 4/13 on how to negotiate a winning foreign distributor agreement and presented by expert Doris Nagel.  Register here.  Event is no charge but you must register in advance to attend.

Women Worldwide Are a Pillar of the Post-Recession Recovery

WomenWorldwideAreAPillarOfThePost-RecessionRecovery

According to The Centre for Entrepreneurs in London, women entrepreneurs:

  1. Focus more on sustainable growth.
  2. Pay more attention to mitigating risks.
  3. Are less prone to over-confidence.

Other interesting facts about women entrepreneurs that Eric F. Frazier talks about in “Well-Rounded Leadership:  The Nature and Nurture of Female Entrepreneurs:

  • Women own or manage about 30 percent of businesses worldwide, as reported by the International Labor Organization.
  • These 9.4 million [U.S.] women-owned enterprises employ 7.9 million people and generate $1.5 trillion in annual revenues.
  • Increasing 74 percent since 1997 and 21 percent since 2007, women-owned businesses are a pillar of the post-recession recovery.

Read the entire article:  Well-Rounded Leadership:  The Nature and Nurture of Female Entrepreneurs

Note:  Don’t miss our next WEGG webinar 4/13.  Register here.  Event is no charge but you must register in advance to attend.

We Must Create Equal Opportunities for Both Men and Women

WomenMakeUp40PercentOfGlobalWorkforce

The World Economic Forum 2016 held in Davos and committing to improving the state of the world — may not reflect the real world, but it does reflect the upper echelons of corporate life where one asks:  where are the women?

Of the 2,500 participants at this year’s conclave of chief executives, central bankers and billionaire investors, only 18 percent were women, a touch above the 17 percent global average for female representation on corporate boards.

We must create equal opportunities for both men and women.  As one spokesperson said, “Until we have women CEOs, how are you going to move the needle?”

Read more:  Davos Man seeks Davos Women

Note:  We are happy and proud to report that our WEGG Board member, Kati Suominen, is attending the World Economic Forum 2016 Meeting in Davos, Switzerland.  She is also presenting at our next WEGG Wednesday webinar, 2/3.  Register here (no charge).  Hope you can join us.


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Our mission is to educate women business owners and entrepreneurs worldwide on how to go global so they can run healthier businesses and create a new future for themselves, their families and their community.

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