Female entrepreneurship takes center-stage this November as Women’s Entrepreneurship Day (WED) launches on November 19, 2014, as part of Global Entrepreneurship Week. The day is an opportunity to celebrate, engage and empower female entrepreneurs as part of the larger global entrepreneurship celebration.
In many countries around the world, women remain an untapped economic potential. According to the International Labor Organization, there are 812 million women living in developing countries who could contribute more fully to their economies. Furthermore, a direct correlation has been found between the policies in place to support women, the opportunities available to women and women’s success in business.
In developing nations, empowering women to be entrepreneurial helps reduce poverty for women, their families and their communities. And yet, the recently released Gender GEDI (Global Entrepreneurship and Development Index) found that in nearly three quarters of the 30 countries surveyed, conditions for female entrepreneurship and business growth were unfavorable.
As such, many GEW campaigns are making promoting female entrepreneurship a priority now more than ever. WED focuses the entrepreneurial community’s attention on female development and empowerment to help strengthen the ecosystem as a whole.
WED is a global theme for November 19 so many GEW campaigns around the world have started planning their events. GEW USA will be leading this global movement by example with a WED Summit at the United Nations in New York City. Tickets are available now and more information will become available soon on the event website.
Other events to look out for on WED include events by Up Global, Startup Cup, WE Create Project and the World Bank. More details will become available closer to GEW.