“Women of color are the fastest growing segment of entrepreneurs, so this is an excellent time for us. I think getting the mentorships and training you need to go where you want to go is important.”
-Angela Benton, founder of NewME, the first startup accelerator for minorities globally
Happy National Black-Owned Business Month,
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In this report, The Centre for New Economics Studies (CNES) observes the entrepreneurship landscape of these identified countries – India, Germany, Mexico, Russia and Saudi Arabia – to understand how the business landscape shapes the involvement of ‘women as leaders’ and in driving business levers across sectors.
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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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“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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“The time is always right to do what is right.” – Martin Luther King Jr.
Today marks the birthday of civil rights leader Martin Luther King Jr. Read the transcript of his celebrated “I Have a Dream” speech, delivered on Aug.
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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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Last week, October 11th, 2022 marked the 10th anniversary of the International Day of the Girl Child. This annual commemorative day serves as a celebration of the powerful, strong, and inspirational girls across the world that become change-making and barrier-breaking women. It is also a yearly call to action for world leaders,
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“The ability to participate in the digital economy isn’t just life-changing for low-income women, it can also benefit economies. Digitalization of small and medium businesses could add anywhere between $158-216 billion to India’s GDP by 2024.”
-World Economic Forum
wegg is always at the forefront of educating women entrepreneurs on cutting-edge business strategies and new financial evolutions that the global economy and currencies shift towards.
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