Female entrepreneurship takes center-stage this November on November 19, 2014, during 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 foundbetween 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. The day focuses the entrepreneurial community’s attention on female development and empowerment to help strengthen the ecosystem as a whole.
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