GUEST POST BY LAUREN SUPINA FARBER
On December 14th, Goldman Sachs and the Government of Denmark announced a new partnership program creating opportunities for women entrepreneurs. We all know that by investing in women global communities, businesses, and quality of life improves dramatically.
“Gender equality is smart economics. The evidence is indisputable: women entrepreneurs and women-owned businesses make significant contributions to a country’s economic development and overcoming poverty,” said Robert B. Zoellick, President of the World Bank Group. But asignificant obstacle for many women entrepreneurs is access to capital. This new partnership aims to provide better access by matching alumnae from the Goldman Sachs 10,000 Womenprogram and alumnae from certain US Department of State programs with training and financing opportunities.
Women entrepreneurs are a vital source of growth that can power our economies in the decades to come, yet they face tremendous challenges to their full economic participation, said Melanne Verveer, Ambassador-at-Large forGlobal Women’s Issuesfor the U.S. Department of State. This unique public-private partnership with the Government of Denmark and Goldman Sachs will facilitate women entrepreneurs access to capital, which is critical to their business success.