The Women's Venture Fund

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The Women's Venture Fund is a non-profit organization dedicated to helping women of diverse backgrounds to establish businesses in urban communities from New York.

New York City Largest city in the United States

The City of New York, usually called either New York City (NYC) or simply New York (NY), is the most populous city in the United States and thus also in the state of New York. With an estimated 2017 population of 8,622,698 distributed over a land area of about 302.6 square miles (784 km2), New York is also the most densely populated major city in the United States. Located at the southern tip of the state of New York, the city is the center of the New York metropolitan area, the largest metropolitan area in the world by urban landmass and one of the world's most populous megacities, with an estimated 20,320,876 people in its 2017 Metropolitan Statistical Area and 23,876,155 residents in its Combined Statistical Area. A global power city, New York City has been described as the cultural, financial, and media capital of the world, and exerts a significant impact upon commerce, entertainment, research, technology, education, politics, tourism, art, fashion, and sports. The city's fast pace has inspired the term New York minute. Home to the headquarters of the United Nations, New York is an important center for international diplomacy.

Contents

The Women’s Venture Fund offers training, small business loans, and a network of business advisors to help women reach their business goals.

History

In 1994, Maria Otero, WVF's Founder and President, quit practicing law to create WVF.

In 2007, it was among over 530 New York City arts and social service institutions to receive part of a $20 million grant from the Carnegie Corporation, which was made possible through a donation by New York City mayor Michael Bloomberg. [1]

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Michael Bloomberg American businessman and politician, former mayor of New York City

Michael Rubens Bloomberg KBE is an American businessman, politician, author, and philanthropist. As of June 2018, his net worth was estimated at $51.8 billion, making him the 8th-richest person in the United States and the 11th richest person in the world. He has joined The Giving Pledge, whereby billionaires pledge to give away at least half of their wealth. To date, Bloomberg has given away $8.2 billion, including his November 2018 $1.8 billion gift to Johns Hopkins University — the largest private donation ever made to a higher education institution.

Locations

The Women’s Venture Fund (WVF) has an office located at 220 Fifth Avenue, New York, NY 10001. The New York office first opened in 1997 which has provided technical assistance services to women entrepreneurs and over $1.5 million in funding to women owned businesses. WVF offers programs that address the business needs of minority and low-income women of urban communities.

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References

  1. Roberts, Sam (July 6, 2005). "New York Times: City Groups Get Bloomberg Gift of $20 Million". The New York Times. Retrieved May 25, 2010. Retrieved on August 29, 2007