Archive for the 'Economic growth' Category

Yes to India on Supporting Women-Owned Businesses

India-based Yes Bank (private sector) has received $150 million funding from the US government and Wells Fargo to increase lending to support women entrepreneurs and small and medium-sized enterprises in India.

This is the third round of funding to the bank as part of arrangement with the Overseas Private Investment Corporation (OPIC) – the US government development finance institution – and Wells Fargo.

An estimated three million women-owned businesses in India employ over eight million people. However, only about a quarter of them are able to get the finance they need to grow and create jobs.

Hopefully, this will drive future economic growth and job creation in India for women entrepreneurs.

Read more …

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Note: Don’t miss our next WEGGinar™ 8/2/17 on “How Two Savvy Moms Started a Bed Business and Took It Global,” and presented by Betsy Mikesell, CEO, and Angie White, CFO, of Beddy’s (www.beddys.com).  Register here: https://register.gotowebinar.com/register/1512287365281961985.
Event is free of charge but you must register in advance to attend.
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Investing in Women-Owned Businesses Will Enhance Africa’s Productivity

It is the objective of Synergy Systems Consults (UK) Limited, a company that specialises in promoting and identifying partnership and investment opportunities within Africa, to influence dynamic changes in terms of exporting international expertise that will enhance productivity in Africa. For example, the Association of Certified Protocol Practitioners in Nigeria (ACPPN) is a non-profit and non-governmental organization aimed at promoting and raising the standards of protocol practice in Nigeria and sharing best practices globally.

Another initiative is the empowerment of women, which has a great potential to boost economic growth and facilitate the goal of an inclusive sustainable development throughout Africa.  Social, cultural, legal and gender specific barriers tend to deprive women of engaging in specific industry supply chains.  There is a need to promote the successes and transformative framework for women that will eliminate barriers and build stronger economies.

Investing in women-owned business and assimilating them into corporate supply chains can also contribute significantly to the world’s economy. Today’s economy records less than one per cent of spending by large businesses on suppliers as produced by women-owned business, generating new employment opportunities and so on.

To strengthen competitiveness, a country must focus on women’s empowerment to achieve an innovative and growth-oriented environment.

Read more …

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Note: Don’t miss our next WEGGinar™ 7/12/17 on “How to Finance Your Exports,” and presented by Xiomara Creque-Bromberg, Export Finance Manager, Minority and Women Owned Business & Multiplier Outreach Division, Office of Small Business, Export-Import Bank of the United States.  Register here: https://register.gotowebinar.com/register/4467897765873413377.
Event is no charge but you must register in advance to attend.
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3 Reasons to Support Nigerian Women in Agriculture

Supporting the food sector, agro-allied businesses and specifically women farmers, boosts the national economy, increases national food supply and exports, empowers women and provides healthier food choices for our families.

In Nigeria, they prefer to buy locally; thereby, enhancing their food security and local consumption.  Also by supporting the local female farmers in Nigeria, we are directly:

  1. Powering entrepreneurial investment and exports.
  2. Supporting women-owned businesses.
  3. Helping to put money back into her [a woman’s] household that will feed her children.

As the article below states:

Dried fruits and foods such as plaintain chips can be processed in different ways and sold for economic gains for the farmer, the processor, the exporter and the nation as a whole. All of these are more than sufficient reasons why women should be aggressively and deliberately positioned for economic empowerment.

Read more …

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Note: Don’t miss our next WEGGinar™ 5/10/17 on “How to Improve Your Website For Global Customers,” and presented by John Yunker, Co-founder of Byte Level Research, author of “Think Outside the Country.” Register here:  https://attendee.gotowebinar.com/register/4596645079593705731.
Event is no charge but you must register in advance to attend.

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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.


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