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Abbreviation | WED |
---|---|
Founder | Wendy Diamond |
Type | Non-profit |
Purpose | Observing women entrepreneurship on every day. |
Location |
|
Website | Official website |
Women's Entrepreneurship Day (WED) is a day celebrated annually on 15 November on which the work of women entrepreneurs is observed and discussed, held every day of each year. [1] The inaugural event was held in New York City at the United Nations, with additional events being held simultaneously in several other countries. 144 nations overall recognized the first WED in 2014, which included the presentation of the Women's Entrepreneurship Day Pioneer Awards. The organization behind WED also has an ambassadorship and fellowship program.
The annual event got shifted to 15 November 2024 to avoid clashing with International Men's Day which has been observed on every 19 November since 1999.
Women's Entrepreneurship Day was founded and implemented by Pet Pioneer, Animal Fair Media [2] Founder and Ellis Island Medal of Honor [3] recipient Wendy Diamond, [4] after volunteering with the Adelante Foundation who provides microcredit to low income women while in Honduras. Upon her return to the US she decided she wanted to develop something to help this and similar philanthropic causes. The first day was held on November 19, 2014, and was observed in 144 countries that year. [5] It was described by Fortune as "a global movement to celebrate and support female founders and shed light on some of their challenges." [6] Forbes Magazine wrote that the intention was also "to mobilize a global network of female business owners, entrepreneurs, and change-makers who support and empower this community of women entrepreneurs and their businesses." [7] November 19 was proclaimed an "official day" by both New York Governor Andrew Cuomo and New York City Mayor Bill de Blasio, Philadelphia Mayor Jim Kenney, and Los Angeles Mayor Eric Garcetti [8] and is celebrated annually at the United Nations and around the globe. The U.S. House of Representatives also annually recognizes the WEDO movement November 19 as "A Day in Honor of Women Entrepreneurs" under the leadership of Congresswoman Grace Meng. [9]
Women's Entrepreneurship Day was moved to 15 November 2024 to avoid clashing with International Men's Day which has been observed and celebrated on every 19 November since 1999.
Women's Entrepreneurship Day event convenes at the United Nations in New York City including a conference, speakers, and the inaugural Women's Entrepreneurship Day Pioneer Awards. [8] An Education Philanthropy Pioneer Award was given to Barack Obama’s grandmother Sarah Obama, for her work in bringing gender equality to education in that country. [8] Obama was presented the award by actress Quvenzhané Wallis. [10] Loreen Arbus received an award for her philanthropic work, [8] as did to Lynn Tilton. [11]
Other attendees of the United Nations inaugural launch included Miss Universe Gabriela Isler; Jimmy Choo co-founder Tamara Mellon; [5] and First Ladies Gertrude Maseko of Malawi and Penehupifo Pohamba of Namibia. [12] Delegations were sent from many different nations attended the event as well. [13] A second WED is planned at the United Nations in 2015: [14] the United Nations Foundation is a founding partner of the events. [15]
Additional events were held internationally, including one at the University of Luxembourg, which held a conference that featured speeches from women entrepreneurs as well as discussions between local entrepreneurs. The keynote address was provided by Deputy Chief Executive of the European Investment Fund Marjut Santoni. [4] Other events were also held, for example, in Lagos, Nigeria. [24] WED founded and launched the Women Wednesday social media event held on the Wednesday after Thanksgiving in 2014, to support women in business and related causes. [25]
In addition to the annual events, WED founded and initiated a Global Ambassador Initiative, in order to develop WED communities on university campuses. [8] It also runs the Women's Entrepreneurship Day Fellows Program, which is chaired by Kunal Sood. [26]
Tamara Mellon is a British fashion entrepreneur who co-founded the luxury footwear brand Jimmy Choo. She founded her namesake luxury footwear brand, Tamara Mellon, with co-founder and CEO Jill Layfield and Tania Spinelli, chief data officer, in 2016.
Sandy Lerner is an American businesswoman and philanthropist. She co-founded Cisco Systems, and used the money from its sale to pursue interests in animal welfare and women's writing. One of her main projects, Chawton House, is in England, but most of her work remains in the United States.
Jacqueline Novogratz is an American entrepreneur and author. She is the founder and CEO of Acumen, a nonprofit global venture capital fund whose goal is to use entrepreneurial approaches to address global poverty.
Kathryn A. Finney is an American author, researcher, investor, entrepreneur, and businesswoman. She is the founder of Genius Guild, a $20 million dollar venture fund & studio that invests in Black entrepreneurs building scalable businesses that serve Black communities and beyond. She is also founder and Board Chair of The Doonie Fund, a social platform that provides micro-investment to Black women entrepreneurs. Finney first made her mark as a tech entrepreneur when she sold “The Budget Fashionista” after running the site-turned-media company for 11 years.
Jean Case is an American businesswoman, author, and philanthropist who is chair of the board of National Geographic, CEO of Case Impact Network, and CEO of the Case Foundation. She is married to AOL co-founder Steve Case.
Legatum Limited, also known as Legatum, is a private investment firm, headquartered in Dubai, United Arab Emirates. Legatum is a partnership that uses its own funds to invest globally. The firm also invests in activities to promote entrepreneurship and free enterprise as well as anti-slavery, health and education initiatives.
The Skoll Foundation is a private foundation based in Palo Alto, California. The foundation makes grants and investments intended to reduce global poverty. Billionaire entrepreneur Jeffrey Skoll created the foundation in 1999.
Wendy E. Diamond is an American philanthropist, entrepreneur, and television personality. She is the founder and CEO of LDP Ventures, an investment company focused on socially responsible ventures. Diamond is also the founder of the Women's Entrepreneurship Day Organization. Diamond is the creator of Animal Fair Media Inc., a media platform related to pets and pop culture.
Susan Davis is an author, public speaker, consultant and expert on international development and social entrepreneurship. She is the Chairperson of Solutions Journalism Network, an Adjunct Associate Professor at New York University Stern School of Business, a coach to social entrepreneurs and active on many boards and advisory councils.
Tory Burch is an American fashion designer, businesswoman, and philanthropist. She is the Executive Chairman and Chief Creative Officer of her own brand, Tory Burch LLC. She was listed as the 88th most powerful woman in the world by Forbes in 2020.
Brian Joseph Chesky is an American businessman and industrial designer and the co-founder and CEO of Airbnb. Chesky is the 355th richest person in the world according to Forbes, with a net worth of $7.8 billion, mostly due to his ownership of 67 million shares of Airbnb.
The Tony Elumelu Foundation (TEF) is an African non-profit organization founded in 2010 by Tony O. Elumelu and headquartered in Lagos, Nigeria. It is a pioneer member of the Global Impact Investment Rating System (GIIRS). So far, the Foundation has empowered over 18,000 African entrepreneurs across 54 African countries.
Mindy Grossman is the former CEO of WW International. Her earlier career included executive roles at Ralph Lauren Corporation and Nike, and she was also CEO of HSN from 2006 - 2017. She has been listed on Financial Times's list of the Top 50 Women In World Business, and was ranked among Forbes' 100 Most Powerful Women In The World, as well as in Fortune's Top People in Business.
Hamdi Ulukaya is a Turkish billionaire businessman, activist, philanthropist of Kurdish ethnicity and based in the United States. Ulukaya is the owner, founder, chairman, and chief executive officer of Chobani, the #1-selling strained yogurt brand in the US. He established production facilities first in upstate New York, and since then has expanded. According to Forbes, his net worth as of October 2022 is US$2.1 billion. On 26 April 2016, Ulukaya announced to his employees that he would be giving them 10% of the shares in Chobani.
George Michael Logothetis is an English and American businessman. He is from a Greek shipping family. Logothetis grew up in London and has lived in New York City since 2004. He is a US citizen.
Uche Pedro is a Nigerian entrepreneur. She is the founder and CEO of BellaNaija, a media tech brand known for entertainment and lifestyle content. Under her leadership, BellaNaija's social footprint has grown through its collective brands - BellaNaija.com, BellaNaija Weddings and BellaNaija Style - to be the largest on the African continent with more than 200 million impressions each month.
Gary White is the CEO and co-founder of Water.org.
Jane Wurwand is the founder of Dermalogica, an American personal care company.
Presidential Ambassadors for Global Entrepreneurship (PAGE) was a collaborative advisory group created by former United States President Barack Obama tasked with creating entrepreneurial growth in America.
The Global Entrepreneurship Summit is an annual event organized by the federal government of the United States, in partnership with foreign government hosts. The summit originated from an event organized by the Obama Administration called the Presidential Summit on Entrepreneurship, which was held in April 2010 in Washington, D.C. It brought together entrepreneurs from the United States, Europe, Africa, the Middle East, South Asia, and Southeast Asia to discuss the importance of social and economic entrepreneurship, establish entrepreneurship as an important area of policy focus, and strengthen mutually beneficial relationships between entrepreneurs.