|A very exciting announcement was made by Secretary Clinton this week at the Clinton Global Initiative
|1 October 2013
Invest in Women. Improve the World. Vital Voices Global Partnership
A very exciting announcement was made by Secretary Clinton this week at the Clinton Global Initiative http://org.salsalabs.com/dia/track.jsp?v=2&c=zh8ooVfHv8Zz1P6Dh4AdIxLzihk5FfeG (CGI) Annual Meeting. Vital Voices and WEConnect International announced a multi-stakeholder 'Commitment to Action,' Advancing Women-Owned Businesses in New Markets, to address the challenges associated with advancing and promoting women in a competitive global economy and their effective integration into global supply chains.
The 24 partners commit to track and measure at least US$1.5 billion spent on women-owned businesses based outside the U.S. from 2013 to 2018. Additionally, some 15,000 high potential women entrepreneurs around the globe will benefit from supplier readiness training and initiatives. Learn more about the commitment here.
We are thrilled to see this commitment come to fruition. After two years in development through a CGI working group with WEConnect International and a range of partners, this commitment responds to several studies showing that one of the smartest investments in long-term growth and development is in women's empowerment. But when starting a business, women face considerable barriers to success - less access to credit and markets, training, technology, and protection under the law. Partners will leverage the power of collaboration and resources across the business development lifecycle, to strategically engage, develop and integrate competitive women-owned businesses into global value chains.
Watch Secretary Clinton's full session, including our Commitment to Action here:
Women Decision-Makers in the New Economy
We are grateful to the Commitment to Action partners joining Vital Voices and WEConnect International in this effort: Accenture LLP, The Boeing Company, Cherie Blair Foundation for Women, The Coca-Cola Company, DLA Piper, EY, Exxon Mobil Corporation, Freeport McMoRan Copper & Gold Inc., Goldman Sachs 10,000 Women, IBM, Intel Corporation, The International Center for Research on Women, IBM, Johnson Controls Inc., Marriott International Inc., McLarty Global Fellows, Pfizer Inc., The Rockefeller Foundation, The Royal Bank of Scotland plc, Thunderbird School of Global Management, The U.S. Department of State, and Wal-Mart Stores, Inc.
Women-owned businesses can now self-register and/or get certifiedhttp://org.salsalabs.com/dia/track.jsp?v=2&c=gDp27%2FsedyKiPjoqgtaXJxLzihk5FfeG through WEConnect International's eNetwork: Global Directory of Women-Owned Businesses. The eNetwork is a private, multilingual, online platform connecting corporate buyers, representing over $700 billion in annual purchasing power, and certified and self-registered women-owned businesses globally.