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) –
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The World Bank (WB) unveiled a new program, the Women Entrepreneurs Finance Initiative, that is designed to boost women entrepreneurs in developing countries and fight the norms that hold them back, such as uneven access to loans and shaky property rights.
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Ottawa, Canada researchers Clare Beckton and Janice McDonald are eager to try to determine if factors such as a lack of access to capital make women more likely than men to devise inventive new ways of doing business out of necessity, such as taking a business global.
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Happy 2017. For those who missed Laurel Delaney’s webinar, “Laurel Delaney’s Global Trade Trends Report 2017,” you can access it here. And find her presentation deck here. Now, to other important business matters.
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SheEO founder Vicki Saunders (pictured below) is out to change the world for the better and her first step is to disrupt the traditional model of funding and investment for female entrepreneurs.
“In general,
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Our WEGG Board member, Chantal Wittman, V.P. International Trade Sales, MB Financial Bank, wrote a great article on “How to Finance Your Global Growth.” You can access it here. One tip she shares:
“Today most U.S.
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Pepsico CEO Indra Nooyi talks about making money, performing, and having a true core or sense of purpose. She believes there is a place for everything in people’s lives, but when you run a global business, you must recast how you make money.
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Our first WEGG webinar, “Getting Started in Exporting: Ready Your Business for Growth” was a wonderful success. You can access the recording here.
Up next month on February 3rd from 10:00 a.m.
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One of the strategies for Credit Guarantee Corporation (CGC) BizWanita-i, is to focus on entrepreneurship, especially women entrepreneurs. CGC claims to power SMEs in Malaysia.
Johari [Deputy Finance Minister Datuk Johari Abdul Ghani] said CGC’s facilities like BizWanita-i would help women entrepreneurs obtain loans from the financier.
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The recent Global Startup Ecosystem (GSE) Ranking report found that “the trend for female entrepreneurs is significantly up,” with the number of new businesses started by women rising by 80 per cent in the past three years. While startups in the past were sprung forth nearly entirely from places like Silicon Valley and Boston,
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