Americas

Women Entrepreneurs In The Americas

Public-private partnerships will focus on small and medium-sized enterprises and address the main barriers women face.

U.S. Secretary of State Hillary Rodham Clinton, second from left, admires items made by women entrepreneurs as she is greeted by some of the women before the media launch of the Women's Entrepreneurship in the Americas program in Cartagena, Colombia.
U.S. Secretary of State Hillary Rodham Clinton, second from left, admires items made by women entrepreneurs as she is greeted by some of the women before the media launch of the Women's Entrepreneurship in the Americas program in Cartagena, Colombia.

Multimedia

Audio
TEXT SIZE - +

The United States is committed to working with its Latin American and Caribbean partners to promote entrepreneurship and economic participation among women.  On her recent trip to Colombia, U.S. Secretary of State Hillary Clinton announced a new initiative called WEAmericas.  It’s a set of public-private partnerships that will focus on small and medium-sized enterprises and will address the main barriers that women face in the business world:  access to training, markets, and finance.

WEAmericas is a collaboration of the State Department with the private sector, foundations, nongovernmental organizations, and the Inter-American Development Bank to provide business training and mentoring, as well as access to finance and markets, to women entrepreneurs throughout Latin America and the Caribbean, building on existing programs under Pathways to Prosperity.  

The State Department and the Walmart Foundation will work together to train women entrepreneurs, help connect them to networks and resources, and scale up their businesses.  

Through their 10,000 Women Entrepreneurship Partnership, the State Department and Goldman Sachs will host women from Latin America and the Caribbean at the Thunderbird School of Global Management for intensive business and management training.

The second line of action is targeted at improving women’s access to markets.  The State Department and ExxonMobil have both agreed to expand the work of WEConnect International into Mexico. The Inter-American Development Bank and Walmart will also assist in expanding WEConnect’s work into other markets, including Chile and Costa Rica.  Walmart, the world’s largest retailer, has committed to doubling the amount it sources from women-owned businesses in every market it serves over the next five years.

Another significant barrier women entrepreneurs face is access to lines of credit and other financial services.  The Inter-American Development Bank is taking the lead with new inclusive lending models that will allow more small businesses owned by women to access credit.  

All these partnerships to promote women’s entrepreneurship must be backed by smart policy choices that create a fertile environment where women-owned business can take root and thrive. "Everyone has something to contribute,” said Secretary Clinton, “banks, private businesses, nonprofit organizations, governments.”

This forum has been closed.
Comment Sorting
Comments
     
by: Sid Harth
04/19/2012 3:26 AM
I like the idea very much. What is lacking is a personal, on hands touch. Women in America, some stay home and the others, entrepreneurs on their own business skills, run many a small sized but very profitable shops, manufacturing, (Knitting, sewing), (picture) framing, designing (dresses) and other do-dads for men and women.

They find paid or unpaid small spaces in many a large Malls.

Bye, bye discrimination based upon sex.

...and I am Sid Harth@mysistereileen.com

Reflecting the Views of the U.S. Government as Broadcast on The Voice of America

Punto de Vista

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
Punto de Vista: Grants for Latin American Universitiesi
|| 0:00:00
...
 
🔇
X
04/16/2014
Each $25,000 award leverages commitments by the universities to increase study abroad to the United States and to receive students from the United States.
Video

Video Punto de Vista: Grants for Latin American Universities

Each $25,000 award leverages commitments by the universities to increase study abroad to the United States and to receive students from the United States.
Video

Video Punto de Vista: Preserving Honduras' Cultural Heritage

The United States, as one of the top destinations for smuggled cultural artifacts, works closely with partner countries to intercept and recover these objects.
Video

Video Punto de Vista: Women Of Courage

The United States recently honored ten outstanding women, including Judge Iris Yassmin Barrios Aguilar of Guatemala, for their courage and their commitment to the fundamental human rights of all people everywhere.
Video

Video Punto de Vista: U.S.-Colombia High Level Dialogue

Punto de Vista: U.S.-Colombia High Level Dialogue
Video

Video Punto de Vista: Mexican Drug Lord Captured

U.S. officials lauded the recent capture by Mexican law enforcement of Joaquin "el Chapo" Guzmán Loera, took further steps to target Guzmán’s Sinaloa Cartel, and pledged continued cooperation with Mexico in the fight against narcotrafficking.