10,000 Women

10,000 Women Logo

10,000 Women is a program organized by Goldman Sachs with the goal of helping to grow local economies by providing business education, mentoring and networking, and access to capital to underserved women entrepreneurs globally.[1][2] The program was announced on March 5, 2008 at Columbia University.[3][4] The initiative is one of the largest philanthropic projects the bank has been involved with.[5]

As part of the program, Goldman Sachs has committed $100 million in funding and partnered universities in Europe and the United States with business schools in developing and emerging economies.[6][7]

Vital Voices has presented the 10,000 Women Entrepreneurial Achievement Award at its annual Global Leadership Awards event from 2009-2011.[8] The award was given to a graduate of the 10,000 Women program, sponsored by Goldman Sachs. Past recipients include Temituokpe Esisi of Nigeria (2009),[9] Andeisha Farid of Afghanistan (2010)[10] and Fatema Akbari of Afghanistan (2011).[11]

In September 2013, Goldman Sachs launched a public Twitter presence for the 10,000 Women program using the screen name @GS10KWomen. In December 2015 the account had over 39,000 followers.

Women Entrepreneurs Opportunity Facility

In March 2014, the World Bank’s International Finance Corporation and Goldman Sachs 10,000 Women program launched a $600 million financing program called the Women Entrepreneurs Opportunity Facility that will allow as many as 100,000 women entrepreneurs in emerging markets to have access to financing.[12] IFC is investing an initial $100 million in the program, and Goldman Sachs Foundation is providing $32 million,[13] with an additional $486 million expected from public and private investors.[14]

Academic partners

See also

References

  1. ↑ Krothen (2008-03-05), GOLDMAN SACHS LAUNCHES 10,000 WOMEN (PDF), Goldman Sachs, archived from the original on 2009-04-26, retrieved 2009-03-18
  2. ↑ News Editor 2 (2009-06-13), Goldman Sachs Welcomes First Japanese Partner to 10,000 Women, The FINANCIAL, archived from the original on 2009-06-17, retrieved 2009-06-14
  3. ↑ Damast, Alison (2008-03-05), "$100 Million for 10,000 Women", BusinessWeek, archived from the original on 2009-04-26, retrieved 2009-03-18
  4. ↑ Lewis, Carol (2008-09-16), "The 10,000 Women initiative", The Times (London), retrieved 2009-03-19
  5. ↑ White, Ben (2008-03-06), "Goldman in $100m drive to educate women", Financial Times (New York), retrieved 2009-03-19
  6. ↑ Gunther, Marc (2008-03-12), Goldman sees gold in helping women, CNNMoney.com, retrieved 2009-06-14
  7. ↑ Kelly, Kate (2008-03-06), If It’s Good for Goldman, It’s Good for the World, The Wall Street Journal, archived from the original on 2009-06-17, retrieved 2009-06-14
  8. ↑ "Past Global Leadership Awards". Vital Voices: Women. Vital Voices: Global Partnership. Retrieved 22 May 2014.
  9. ↑ "Temituokpe Esisi". Vital Voices: Women. Vital Voices: Global Partnership. Retrieved 22 May 2014.
  10. ↑ "Andeisha Farid". Vital Voices: Women. Vital Voices: Global Partnership. Retrieved 22 May 2014.
  11. ↑ "Fatema Akbari". Vital Voices: Women. Vital Voices Global Partnership. Retrieved 22 May 2014.
  12. ↑ http://ifcext.ifc.org/ifcext/pressroom/IFCPressRoom.nsf/0/46E12EAD05D0619B85257C9200595A41
  13. ↑ http://blogs.wsj.com/economics/2014/03/05/600-billion-credit-program-aims-to-encourage-female-entrepreneurs/
  14. ↑ http://www.washingtonpost.com/business/economy/goldman-floats-world-bank-50-million-for-fund-to-help-women-entrepreneurs/2014/03/05/16ea6e80-a49f-11e3-8466-d34c451760b9_story.html
  15. ↑ Parke, Kerry (2008-03-05), HARVARD BUSINESS SCHOOL JOINS 10,000 WOMEN, Harvard Business School, retrieved 2009-03-19

External links


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