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Educating World on the Importance of Why it’s Pivotal to Empower Women in Business Globally: WEDO

Educating World on the Importance of Why it’s Pivotal to Empower Women in Business Globally: WEDO
The Siliconreview
08 November, 2021

“When women are elevated financially, communities and countries prosper. We believe this blueprint could alleviate and eradicate poverty.” — Wendy Diamond

The Women’s Entrepreneurship Day (WED) or #ChooseWomen is observed on November 19th each year. It’s a day on which the work of women entrepreneurs is observed and discussed. The inaugural event was held in New York City at the United Nations in 2013. The Women’s Entrepreneurship Day Organization (WEDO) organizes the day.

WEDO was founded by Wendy Diamond, who also serves as its chief executive officer.

WED is celebrated at the United Nations and in 144 countries and 65 universities/colleges internationally.

WED Virtual Summit 2020: As part of the celebration, WEDO organized the Women’s Entrepreneurship Day virtual summit. Wendy Diamond, Janki Lalani, MD Goldman Sachs, Satya Tripathi, Assistant General-Secretary of United Nations, Penelope Beckles, Chairwoman of UN Women, were a few of the speakers at the summit.

Observing the day aims to create awareness about the 250 women and girls living in poverty who deserve opportunities in life, and inspire and empower the four billion women worldwide.

The WED website reads: The organization convenes business leaders, change-makers, government officials, and civil society to collaborate and find solutions in critical areas of entrepreneurship eco-systems, education, and policy creation to empower women in business.

When women are elevated financially, communities, states, and countries prosper. This builds a global blueprint to alleviate and eradicate poverty. This past year, our achievements include funding 500 Syrian refugee girls to attend high school in Jordan, the website confirms.

In New York at the United Nations, the WED Summit sponsored 75 students from Black Girls Code, Girls Who Code, Lalela, Rethink Academy, The Young Women’s Leadership School in Astoria, Yale, George Washington University, and Northeastern University. Their presence represents WED’s commitment to inspiring and uplifting the next generation of young women to become strong global leaders.

The WED summit granted 500 microloans to impoverished women to start their businesses. In Uruguay, a partnership with a local university offered 20 scholarships to the girls present at the WED summit, the website further confirms.

In 2020, South Africa joined the United Nations global Women’s Entrepreneurship Day celebrations.

“When women are elevated financially, communities and countries prosper. We believe this blueprint could alleviate and eradicate poverty,” says WEDO founder Wendy Diamond. She was quoted as saying by Africa News.