Home Business Global Entrepreneurship Week 2020: What’s in for the Pakistani Women Entrepreneurs?

Global Entrepreneurship Week 2020: What’s in for the Pakistani Women Entrepreneurs?

by Laiba
GEW

Global Entrepreneurship Week is full of exciting events, activities, and competitions that are put together to inspire entrepreneurs in at least 180 countries every November (16th – 22nd) to explore their potential. The platform also allows the participants to network within their ecosystem and collaborate with other like-minded, passionate entrepreneurs.

What is the Global Entrepreneurship Network?

What does the Symbol of Global Entrepreneurship Network Represent? 

The circular band represents information, people, places, cultures, and the intersection of ideas. Other than that, it symbolizes global outreach while also highlighting variety, a sense of diversity, and optimism. The network considers it as a navigator that guides and directs the ambitious.

What’s in for Pakistani Women Entrepreneurs this time around? 

The U.S. Embassy in Pakistan is hosting a virtual event during the Global Entrepreneurship Week for Women Entrepreneurs on November 20th.  During the event, WEConnect International will be launching its Women’s Business Enterprise (WBE) Certification in Pakistan. The event will also highlight growth-oriented women-owned businesses and leaders in the business community.

Women’s Business Enterprise Certification by WEConnect International

Women’s Business Enterprise (WBE) Certification will be available to women-owned businesses in Pakistan. These businesses, however, must be enthusiastic about scaling and expanding in global supply chains. Vital Voices Glocal Partnership has powered the launch of the certificate in Pakistan.

What does the Certificate offer to Women-Owned Businesses? 

Women’s Business Enterprise (WBE) Certification will only be provided to businesses controlled, managed, and 51% owned by one or more women to extend formal approval. The certification holds a great deal of importance as more than 100 member buyers recognize it.

Additionally, the businesses with the certification will grow their companies as 500 fortune organizations have committed to the network to only source products and services from women-owned businesses internationally.

According to the International Monetary Fund (IMF), connecting 8 percent of majority-owned businesses by women to supply chains will result in women’s jobs that can fill the gender gap in terms of economic involvement. This will then increase the national GDP by 30% in total.

Webinar by The World Bank Group 

Other than that, a webinar is all set to take place on the 17th of November that will be hosted by The World Bank Group’s Corporate Procurement to teach women how business can be conducted in South Asia and what efforts have the Women’s Business Enterprise (WBG) is leading to introduce supply chain to women-owned businesses.

Coffee table sessions are also expected to take place during the week, like in previous years. Have something to add? Let us know in the comment section below.

For more news and updates, stay tuned to Wow 360.

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