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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.

Diversity is Correlated with Business Performance

Published June 3, 2017 Culture , Equality , Sustainability practices , Training (entrepreneurial) Leave a Comment
Tags: business performance, diversity, global diversity, inclusion, McKinsey, WEGGinar™

Many people think that if you can build a case on global diversity, things will shift and improve. That’s not necessarily true. The reality is that a lot more work needs to be done.

In the interview below with McKinsey’s Rik Kirkland, Harvard Kennedy School professor of public policy Iris Bohnet talks about what is working—and what is not—when it comes to building a more equitable workplace. An edited version of her remarks follows.

Here’s a snippet on one of Kirkland’s remarks relative to diversity and inclusion:

Based on that evidence, maybe we shouldn’t be quite as shocked that diversity training doesn’t have the impact that we were hoping it could have. Because even though you and I might agree now that we will be inclusive tomorrow, it is hard to follow through on those virtuous intentions.

Are Women Willing to Wait As Long As 170 Years to Establish Parity with Men?

Published February 4, 2017 Gender challenges , Training (entrepreneurial) Leave a Comment
Tags: Enterprise Nation, Facebook, gender gap, online training, power of parity, WEF, World Economic Forum

According to the latest report by the World Economic Forum (WEF), women may have to wait as long as 170 years to establish parity with men when it comes to pay and employment opportunities. Who needs that? It is a fact that no country in the world has closed its gender gap. The only way around this barrier is for women to start more businesses, and here at WEGG, we hope with our help they take them global.

Take the UK, for example, where in an effort to ramp up women starting businesses, they are working with Facebook and Enterprise Nation, a network of small businesses, to deliver training to 10,000 women business owners across the country. Facebook claims that only 20 percent of the country’s 5.4 million small businesses are currently started by women.

What the ultimate goal here? To give women access to new online and offline training resources to provide them with the digital skills and mobile tools necessary to grow their business.

It is a well-quoted figure that equality for women in the labour force would add $28 trillion to the global economy by 2025.

Women Account for 48 Percent of all SMEs in Kenya

Published July 17, 2016 Exporting , Global trade , global women entrepreneurs , Training (entrepreneurial) Leave a Comment
Tags: Barclays, export markets, International Trade Centre, ITC, Kenya, SheTrade Initiative, women-owned businesses

Screen Shot 2016-07-16 at 3.39.40 PM

In Kenya, women-owned businesses account for over 48% of all SMEs, contributing about 20% of the Kenyan gross domestic product (GDP). Hence, the reason for a partnership between SheTrades Initiative (launched by the International Trade Centre) and Barclays Kenya for the purpose of offering local women entrepreneurs support in critical areas, including financial management, in order to help them create and maintain links to international markets.

“This partnership comes at an opportune time when SMEs are being globally recognised as vital economic growth and employment drivers. SheTradesKe presents us with a great opportunity to empower women in business and certainly draws us a step closer towards achieving the United Nations Sustainable Development Goals which seek to eradicate extreme poverty by 2030, while curbing social and economic inequalities,” Mr Awori [Managing Director, Barclays Bank of Kenya] said.

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Note: Don’t miss our next WEGG webinar 8/24 on “Reach Multilingual Markets: Creating Content, Developing Effective Partnerships, and Utilizing Translation Technology,” and presented by expert Jennifer Murphy, Director of Marketing, Eriksen Translations, Inc. Register here: https://attendee.gotowebinar.com/register/8702241284561995012. Event is no charge but you must register in advance to attend.

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Investing In Women Is Fair and Right and Makes Sense (and Here’s Why)

Published September 6, 2014 Economic growth , Education , Gender challenges , Inspiration , Training (entrepreneurial) Leave a Comment
Tags: Anita Roddick, Arancha Gonzalez, Body Shop, International Trade Centre, ITC, Laurel Delaney, Samoa, women invest in communities

Samoa

According to Samoa International Trade Centre (ITC) executive director Arancha Gonzalez, women put back 90 per cent of their earnings into the community compared to 40 per cent with men. “It’s a statistic that shows why investing in women is not just fair or right but actually makes sense,” says Gonzalez.

Further, “because women re-invest in the communities so heavily they are a powerful instrument to achieve development.”

According to Gonzalez, only one per cent of the global procurement market goes to women. The Samoa program will help women’s groups produce enough quantities, with the necessary quality standards, packaging and labeling.

I just love the quote that is mentioned in the article:

“The Body Shop founder, the late Anita Roddick, said many years ago: “If you can’t see the face of the farmer in what you are doing, then what you are doing is wrong.”

Photo courtesy: NeilsPhotography

Posted by: Laurel Delaney

Women Help Solve Big Challenges in Our World

Published May 25, 2014 Education , Technology , Training (entrepreneurial) Leave a Comment
Tags: International women's Hackathon, Laurel Delaney, leaders in computer science, Microsoft

The International Women’s Hackathon (second one took place April 25-27th) is a crowdsourcing event to empower young women leaders in computer science.

By providing a fun and safe environment in which to explore computing, the hackathon encourages and supports university women around the world to become producers of future innovations in technology and help solve challenges in the world today.

The goal is to have hundreds of events around the world as the future women innovators help solve big challenges in our world.

Feel free to explore below:

International Women’s Hackathon Kit (PDF, 964 KB)
Customizable poster and email (DOCX, 433 KB)
Rules and Regulations (PDF, 270 KB)

Read the entire article: International Women’s Hackathon 2014

Photo courtesy: Flickr

Posted by: Laurel Delaney

Welcome WELA

Published May 17, 2014 Business Development , Country specific , Education , global branding , Training (entrepreneurial) Leave a Comment
Tags: Kenyan female entrepreneurs, Laurel Delaney, WELA, Women Entrepreneurship and Leadership for Africa

The Women Entrepreneurship and Leadership for Africa (WELA) in Kenya aims to empower female executives in the small and medium enterprise (SME) segment. Kenyan female entrepreneurs will benefit from a mentorship program recently launched by industry lobbyists and world renowned business think tanks.

For all Kenyan women entrepreneurs, this is a good way to rebrand your business, explore new markets and forge strategic relationships in order to grow.

Photo courtesy: Flickr

(Have a minute? Please vote for my new “Exporting” book, which has been nominated for the Small Business Book Award in Technology! Click on the box below and then click VOTE. Thanks so much in advance.)

Posted by: Laurel Delaney

Women Go For Growth

Published January 11, 2014 Country specific , Education , Training (entrepreneurial) Leave a Comment
Tags: County Mayo, going for growth, Ireland, Laurel Delaney, OECD

County Mayo, Ireland

Women entrepreneurs in County Mayo, Ireland (where my ancestors on my Dad’s side of the family are from!) are being called on to apply for a free programme which pairs them with some of Ireland’s leading businesswomen as mentors. The program is called Going for Growth and has been effective with more than 300 businesswomen since it was established in 2008.

According to the latest figures from the Organisation for Economic Cooperation and Development (OECD), Irish women are two-and-a-half times less likely to start a business than their male counterparts.

Read the entire article: Women should play a bigger role in business and job creation

Pay a visit to Going For Growth. If you are a female owner-manager of a business, have been trading for two years or more, and are serious about developing your company, apply for Going for Growth 2014. It starts in February. Deadline to apply is January 24, 2014.

Photo courtesy John Menard

Posted by Laurel Delaney

Women Entrepreneurs GROW Global

Archive for the 'Training (entrepreneurial)' Category

Yes to India on Supporting Women-Owned Businesses

Diversity is Correlated with Business Performance

Are Women Willing to Wait As Long As 170 Years to Establish Parity with Men?

It is a well-quoted figure that equality for women in the labour force would add $28 trillion to the global economy by 2025.

Women Account for 48 Percent of all SMEs in Kenya

Investing In Women Is Fair and Right and Makes Sense (and Here’s Why)

Women Help Solve Big Challenges in Our World

Welcome WELA

Women Go For Growth

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WEGG Mission

Donate Your Gift Card to WEGG!

Enter Your Email Address

Connect

WEGG Feed

Partners

Resources

Social Good

Webinar Recordings

World

Recent Posts

Categories

Archives

Ask a Question

Find an Opportunity

Honors & Awards

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