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Abbreviation | WED |
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Founder | Wendy Diamond |
Type | Non-profit |
Purpose | Observing women entrepreneurship on every day. |
Location |
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Website | Official website |
Women's Entrepreneurship Day (WED) celebrated annually on November 15 is a day on which the work of women entrepreneurs is observed and discussed, held 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.
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.
Women's Entrepreneurship Day got moved to November 15 in 2024 to avoid clashing with International Men's Day which has been celebrated annually on every November 19 every year since 1999. 15 years before WED was put on that same date. This was moved for fairness as International Women's Day is celebrated annually on March 8 every year since 1914 (1st celebrated on March 19 1911) to celebrate Women's achievements and to push for gender equality. Many thought that Women's Entrepreneurship Day being held on the same date as International Men's Day, was not fair and was a way to silence Men's issue and Men's mental health and well being.
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]