Posts Tagged 'Economic growth'

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 …


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 (  Register here:
Event is free of charge but you must register in advance to attend.

Women Are the Key to Global Peace and Prosperity

Prosperity Candle partners with women entrepreneurs because they believe that investing in women as business leaders creates the foundation for a peaceful and prosperous society. This is especially true in places where women are left to single-handedly rebuild their lives and support families in the shadows of conflict and the aftermath of disaster.

Women-owned enterprises have a central role to play in the world as an untapped source of employment, economic growth, and social stability. When a woman thrives, an entire community thrives.

Why candle in the name?

Learn more here: Prosperity Candle

Photo credit:  Prosperity Candle’s photostream

Posted by: Laurel Delaney

European Network of Female Entrepreneurship Ambassadors

The potential of women entrepreneurs constitutes an underdeveloped source of economic growth and of new jobs. They represent, on average, 30 per cent of entrepreneurs in the European Union but often face greater difficulties than men in starting up businesses and in accessing finance and training.

Help is on the way.  Introducing …  the new European Network of Female Entrepreneurship Ambassadors, whose goal is to boost the rate of women business activity across Europe.

The “Ambassadors” will share their experiences of becoming and being a businesswoman at promotional events and act as role models to inspire women to become entrepreneurs.

Did you know?

There are 23 million SMEs in Europe with an average size of five persons. They represent two-thirds of the total employment (that is more than 100 million jobs) and 99,8 per cent of all enterprises.

Learn more here and here.

Posted by:  Laurel Delaney

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