LALIT MUMBAI, December 6, 2019 — Women account for more than $20 trillion in spending per year and are involved in more than 80 percent of consumer purchasing decisions worldwide. The real drivers of the economy are women—as business leaders, employees, consumers and entrepreneurs. And yet, globally women-owned businesses earn less than 1 percent of the money spent on vendors by large corporations and governments.
ThinkBig! is WEConnect International’s signature annual event in India. It brings together some of the largest corporations in the world and female business owners from across the region, creating opportunities for greater market access for women-owned businesses. ThinkBig! serves as a platform for women’s entrepreneurship and economic empowerment as well as corporate engagement around inclusive and impactful sourcing and corporate social responsibility initiatives.
WEConnect International in India identifies, educates, registers and certifies women’s business enterprises that are at least 51 percent owned, managed and controlled by one or more women. WEConnect International connects women-owned businesses with multinational corporate purchasing organizations outside of the United States. Globally, there are approximately 224 million women entrepreneurs worldwide who participate in the ownership of nearly 35 percent of privately-owned firms in the formal economy.
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