Advancing Women-Owned Businesses In New Markets
WECONNECT INTERNATIONAL AND VITAL VOICES GLOBAL PARTNERSHIP ANNOUNCE GROUNDBREAKING COMMITMENT TO ACTION TO SPEND US$1.5 BILLION WITH WOMEN-OWNED BUSINESSES LAUNCHED AT CLINTON GLOBAL INITIATIVE ANNUAL MEETING
15,000 high potential women entrepreneurs around the globe will be part of supplier readiness initiatives as a result of this significant commitment to action by Accenture LLP, The Boeing Company, Cherie Blair Foundation for Women, The Coca-Cola Company, DLA Piper, EY, Exxon Mobil Corporation, Freeport McMoRan Copper & Gold Inc., Goldman Sachs 10,000 Women, IBM, Intel Corporation, The International Center for Research on Women, The Inter-American Development Bank, Johnson Controls Inc., Marriott International Inc., McLarty Global Fellows, Pfizer Inc., The Rockefeller Foundation, The Royal Bank of Scotland plc, Thunderbird School of Global Management, the U.S. Department of State, and Wal-Mart Stores, Inc.
Five-year Clinton Global Initiative Commitment Delivers in First Two Years
Partners Exceed Goal to Track Spend with Women-Owned Businesses by US1.5 Billion
(July 16, 2015 – New York City) Just two years after launching the Clinton Global Initiative (CGI) commitment to advancing women-owned business in new markets, WEConnect International and Vital Voices have helped to facilitate and track more than US$3 Billion in new spend with women-owned businesses and the training of more than 40,000 women business owners based outside the U.S.
WEConnect International and Vital Voices are proud to announce these impressive early results made possible by commitment partners: Accenture, ASU Thunderbird, The Boeing Company, Cherie Blair Foundation, The Coca-Cola Company, DLA Piper, EY, ExxonMobil, Freeport, Goldman Sachs, IBM, ICRW, IDB, Intel, Johnson Controls, Marriott International, McLarty Global Fellows, Pfizer Inc., RBS, Rockefeller Foundation, TechnoServe, U.S. Department of State, and Walmart.
Advancing Women-Owned Businesses in New Markets, a "Commitment to Action" announced at the Clinton Global Initiative (CGI) Annual Meeting in New York City was created to address the challenges associated with advancing and promoting women in a competitive global economy and their effective integration into global supply chains.
This commitment to action, lead by WEConnect International and Vital Voices, brings together a variety of partners to integrate more women-owned businesses into corporate supply chains. Catalyzed at CGI's 2012 Winter Meeting, this commitment aims to increase CGI corporate member spending on women-owned businesses based outside of the U.S. by at least US$1.5 billion by 2018, as well as implement supplier-readiness initiatives targeting at least 15,000 women-owned businesses based outside of the U.S. by the same target year.
Connecting Women's Enterprises to Market Opportunity
Women-owned businesses can now self-register and/or get certified through WEConnect International's eNetwork: Global Directory of Women-Owned Businesses. The eNetwork is a private, multilingual, online platform connecting corporate buyers, representing over $700 billion in annual purchasing power, and certified and self-registered women-owned businesses globally. Join now!
About Vital Voices
Vital Voices Global Partnership is a leading non-governmental organization that identifies, invests in and brings visibility to extraordinary women around the world by unleashing their leadership potential to transform lives and accelerate peace and prosperity in their communities. Founded by former U.S. Secretary of State Hillary Clinton in 1997, the organization trains and mentors women leaders as agents of transformative change in economic development, human rights and political participation. The Vital Voices Global Leadership Network includes more than 14,000 leaders representing 144 countries who have trained and mentored 500,000 additional women and girls in their communities. Visit www.vitalvoices.org to learn more.
About Clinton Global Iniative
Established in 2005 by President Bill Clinton, the Clinton Global Initiative (CGI), an initiative of Bill, Hillary & Chelsea Clinton Foundation, convenes global leaders to create and implement innovative solutions to the world's most pressing challenges. CGI Annual Meetings have brought together more than 150 heads of state, 20 Nobel Prize laureates, and hundreds of leading CEOs, heads of foundations and NGOs, major philanthropists, and members of the media. To date CGI members have made more than 2,300 commitments, which are already improving the lives of more than 400 million people in over 180 countries. When fully funded and implemented, these commitments will be valued at $73.5 billion.
For more information, visit clintonglobalinitiative.org and follow us on Twitter @ClintonGlobal and Facebook at facebook.com/clintonglobalinitiative.