In In 2013, the Advancing Women-Owned Businesses in New Markets’ partners committed to collaborate across the SME development lifecycle to address critical areas of need, with each partner focusing on the specific interventions that are most likely to yield the best long-term results.
The partners intend to create a more efficient, effective channel to identify, develop and scale high-potential women entrepreneurs who can become strong corporate suppliers. The partners committed to track and measure at least $1.5 billion in combined total new money spent by commitment makers on women-owned businesses based outside the U.S. from 2013 to 2018. The partners also committed to implementing supplier readiness initiatives including mentoring and targeting at least 15,000 women-owned businesses based outside the U.S. from 2013 to 2018.
The commitment makers envision the following initiatives over the next five years: identify and connect a network of women entrepreneurs, supplier-readiness training, technical assistance, value chain development, access to markets for women's enterprises; among other key interventions that will enable women entrepreneurs to grow and move up the value chain.
|Value||CLF 5 Million|