The Cartier Women's Initiative, created in 2006, are a joint partnership project initiated by Cartier, the Women's Forum, McKinsey & Company and INSEAD business school to encourage women entrepreneurs.
Seven laureates (formerly six), one from each continental region (East Asia, South Asia & Oceania, Europe, Latin America, Middle East and North Africa, North America, Sub-saharan Africa) are honoured annually for the creativity, financial sustainability and social impact of their start-up businesses. [1]
The prize includes a place on an INSEAD executive programme, a US$100,000 grant (before 2017, $20,000), international media exposure and networking and coaching opportunities. [2]
In 2006, Cartier supported the very first edition of the Women's Forum for the Economy and Society, an international gathering designed to promote women's vision on issues of global relevance. [3]
In 2006, Cartier and the Women's Forum joined forces with McKinsey & Company and INSEAD business school to create the Cartier Women's Initiative Awards that aim to support female entrepreneurs through mentoring, funding, networking opportunities and media visibility. [4]
The very first Laureates were awarded in 2007. Since the creation of the Award, 32 entrepreneurs have received the Cartier Women's Initiative Awards.
Phase I - Three finalists from each of the seven regions (Latin America, North America, Europe, sub-Saharan Africa, [5] Middle East and North Africa, East Asia and South Asia & Oceania) are selected in the first round of the competition. These 21 finalists receive coaching to move to the next phase where they submit a detailed business plan and defend their projects verbally in front of the jury.
Phase II - The 21 finalists are invited to attend the Awards Week and the seven laureates are nominated during the Awards Ceremony which up until 2015, was traditionally held at the Annual Global Meeting of the Women's Forum in Deauville. [6]
The finalists and laureates are selected by regional juries composed of entrepreneurs, economists, business men and women, entrepreneurship advocates etc. They are chosen on the basis of their entrepreneurial experience, their business achievements and their commitment to the support of women entrepreneurs. The jury's involvement is long-term and voluntary. [7]
The coaching of the finalists and laureates is conducted by Cartier managers, McKinsey & Company consultants, INSEAD alumni and INSEAD MBA students.
Women of any nationality, sector of industry and country may apply.
Sub-Saharan Africa, Subsahara, or Non-Mediterranean Africa is the area and regions of the continent of Africa that lie south of the Sahara. These include Central Africa, East Africa, Southern Africa, and West Africa. Geopolitically, in addition to the African countries and territories that are situated fully in that specified region, the term may also include polities that only have part of their territory located in that region, per the definition of the United Nations (UN). This is considered a non-standardized geographical region with the number of countries included varying from 46 to 48 depending on the organization describing the region. The African Union (AU) uses a different regional breakdown, recognizing all 55 member states on the continent—grouping them into five distinct and standard regions.
This list of lists may include both lists that distinguish between ethnic origin and religious practice, and lists that make no such distinction. Some of the constituent lists also may have experienced additions and/or deletions that reflect incompatible approaches in this regard.
A subregion is a part of a larger region or continent. Cardinal directions are commonly used to define subregions.
The Westminster Foundation for Democracy (WFD) is a United Kingdom non-departmental public body set up to support democratic institutions overseas. It was established on 26 February 1992 and registered as a company limited by guarantee in the UK. It receives funding from the Foreign and Commonwealth Office (FCO) and the Department for International Development (DFID), which were merged into the Foreign, Commonwealth, and Development Office (FCDO) in September 2020.
The global epidemic of HIV/AIDS began in 1981, and is an ongoing worldwide public health issue. According to the World Health Organization (WHO), by 2023, HIV/AIDS had killed approximately 40.4 million people, and approximately 39 million people were infected with HIV globally. Of these, 29.8 million people (75%) are receiving antiretroviral treatment. There were about 630,000 deaths from HIV/AIDS in 2022. The 2015 Global Burden of Disease Study estimated that the global incidence of HIV infection peaked in 1997 at 3.3 million per year. Global incidence fell rapidly from 1997 to 2005, to about 2.6 million per year. Incidence of HIV has continued to fall, decreasing by 23% from 2010 to 2020, with progress dominated by decreases in Eastern Africa and Southern Africa. As of 2020, there are approximately 1.5 million new infections of HIV per year globally.
African studies is the study of Africa, especially the continent's cultures and societies. The field includes the study of Africa's history, demography, culture, politics, economy, languages, and religion. A specialist in African studies is often referred to as an "africanist".
The L'Oréal-UNESCO For Women in Science Awards, created in 1998, aim to improve the position of women in science by recognizing outstanding women researchers who have contributed to scientific progress. The awards are a result of a partnership between the French company L'Oréal and the United Nations Educational, Scientific and Cultural Organization (UNESCO) and carry a grant of $100,000 USD for each laureate. This award is also known as the L'Oréal-UNESCO Women in Science Awards.
The population of Africa has grown rapidly over the past century and consequently shows a large youth bulge, further reinforced by a low life expectancy of below 50 years in some African countries. Total population as of 2020 is estimated to be more than 1.3 billion, with a growth rate of more than 2.5% p.a. The total fertility rate for Africa is 4.7 as of 2018, the highest in the world according to the World Bank. The most populous African country is Nigeria with over 206 million inhabitants as of 2020 and a growth rate of 2.6% p.a.
The United Nations Environment Programme (UNEP) established Champions of the Earth in 2005 as an annual awards programme to recognize outstanding environmental leaders from the public and private sectors, and from civil society.
The Human Rights Tulip is an annual prize awarded by the Dutch ministry of Foreign Affairs to a human rights defender or organisation who promotes and supports human rights in innovative ways. The Human Rights Tulip was established in 2007 and presented for the first time on 10 December 2008 and designed by the artist duo Adelheid and Huub Kortekaas.
Jesuit Conferences are groupings of administrative divisions of the Society of Jesus. These Provinces and Regions are organized into a conference to promote common goals and oversee international projects. A Conference connects Jesuits across the region for mutual solidarity and corporate international initiatives, and facilitates appropriate engagement in regional needs, and greater cooperation and support among its members. A Conference provides liaison staffing in the provinces, in various national associations, and at the Society’s international headquarters in Rome. A president, appointed by the Superior General, oversees the work of the Jesuit Conference.
Achenyo Idachaba is an American-born entrepreneur working in Nigeria. She won the Cartier Initiative Award for women in Sub-Saharan Africa in 2014. Her TED talk had over 1.8 million views as of 2020.
Diana Jue-Rajasingh is an American female activist who is promoting life-improving technologies in South India. She has established the Essmart network in association with Jackie Stenson, whom she met while at MIT, to disseminate technology innovations which are largely unknown in the rural areas of India and China. Through this network of community initiatives she and her friend created distribution channels. In 2015, Forbes named Jue-Rajasingh as "one of Forbes' 30 under 30." In 2016, Jue-Rajasingh entered the Strategy doctoral program at the University of Michigan Ross School of Business.
Oulimata Sarr is a Senegalese politician who served as Minister of Economy, Planning and Cooperation of Senegal from September 2022 to October 2023. From 2019 to 2022, she served as Regional Director for UN Women, the United Nations entity mandated for gender equality and empowerment of women, in 24 countries in West and Central Africa.
Ann Kihengu is a Tanzanian entrepreneur, distributor, and winner of the 2010 Africa Laureate of the Cartier Women's Initiative Awards for her work to replace the use of kerosene lamps by distributing solar lamps and solar phone chargers in Tanzania via a network of young entrepreneurs. Kihengu is also a member of the World Entrepreneurship Forum Think Tank.
Isabel Pesce Mattos, better known as Bel Pesce, is a Brazilian entrepreneur, best known as a writer and lecturer. She is sometimes referred to as "Menina do Vale do Silício".
Chinwe Ohajuruka is a green Architect born in Nigerian. She divides her time between Nigeria and the United States for projects. She became the Sub-Saharan African Laureate for the Cartier Women's Initiative Awards in France in 2015 for her contribution in affordable green houses and social entrepreneurship.
Kresse Anne-Marie Wesling CBE is a Canadian-born British entrepreneur and co-founder of the luxury recycled accessories company Elvis and Kresse. She has been a visiting professor at the University of Oxford's Said Business School.
Basima Abdulrahman is a Kurdish Iraqi structural engineer and the founder of KESK, an Iraqi company specialized in eco-friendly architecture.