May is Mental Health Awareness Month and Women’s Health Awareness Month,
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As a 501(c)(3) non-profit organization dedicated to supporting the development of global SMEs, tariffs are top of mind for our team and community. The looming consequences that these policies will wreak on entrepreneurs across the country cannot be overstated. Laurel Delaney, wegg® President, Wendy Shen,
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Women entrepreneurs have been on a tear of upward momentum as of late like never before. A burgeoning landscape of women-owned businesses swept 2024 by storm across the nation. Empowerment and autonomy are only a few of the benefits that women can accrue when taking their livelihood into their own hands.
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It is no secret that when women owned-businesses blossom and grow, the economy grows too. As cited by the World Economic Forum in their article “How public-private partnerships are empowering women entrepreneurs beyond funding,”: “Research indicates that increasing women’s participation in entrepreneurship and employment could add trillions of dollars to the global gross domestic product,
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Over 180 women entrepreneurs in Serbia were given a platform to market themselves and their crafts during the 2024 Women’s Entrepreneurship EXPO satellite event in Serbia, titled “Inclusion of women entrepreneurs into economic flows: opportunities and challenges.” The exposure and experience gained by these tradeswomen will hopefully serve as a beneficial launching pad for partnerships with the influential brands that were in attendance.
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“The seeds of success in every nation on Earth are best planted in women and children.”
-Former President of Malawi, Joyce Banda
A few empowering byproducts that come from a woman starting her own business include self-sufficiency, financial freedom, and confident independence.
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No matter the size of their operation, business owners have a unique vantage point regarding the upcoming election. Both the presidential and local races can potentially change entrepreneurs’ practices and standard operating procedures everywhere. Amy Shoenthal writes for Forbes, “Regardless of who wins,
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Entrepreneurship is widely recognized as a key driver of economic growth and societal value creation (Nziku, Ramadani, & Dana, 2022). Across the globe, it stands as the backbone of economic development, with entrepreneurs playing a crucial role in job creation, unemployment reduction, and overall economic progress (Nziku &
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— Denise Morrison, former Campbell Soup Company CEO
Guiding and molding the budding and blossomed ideas of women business owners is the touchstone of wegg®’s philosophy and practices.
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Despite the documented positive impacts of women-owned businesses on economic growth and poverty reduction, a significant gap remains in understanding how international trade intersects with female participation, particularly in accessing trade finance. Hence, “Banking on Women Who Trade Across Borders” underscores the critical need for gender equality in international trade and trade finance.
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