10,000 Women

10,000 Women is a program organized by Goldman Sachs and the Goldman Sachs Foundation with the goal of helping to grow local economies by providing business education, mentoring and networking, and access to capital to underserved women entrepreneurs globally.[1][2] The program was announced on March 5, 2008 at Columbia University.[3][4] The initiative is one of the largest philanthropic projects the bank has been involved with.[5] The effort was in its initial years run by Dina Habib Powell, a managing director at Goldman Sachs.[6]

10,000 Women Logo

Award process

As part of the program, Goldman Sachs has committed $100 million in funding and partnered universities in Europe and the United States with business schools in developing and emerging economies.[6][7]

Vital Voices has presented the 10,000 Women Entrepreneurial Achievement Award at its annual Global Leadership Awards event from 2009-2011.[8] The award was given to a graduate of the 10,000 Women program, sponsored by Goldman Sachs. Past recipients include Temituokpe Esisi of Nigeria (2009),[9] Andeisha Farid of Afghanistan (2010)[10] and Fatema Akbari of Afghanistan (2011).[11]

In September 2013, Goldman Sachs launched a public Twitter presence for the 10,000 Women program using the screen name @GS10KWomen. In December 2015 the account had over 39,000 followers.

Women Entrepreneurs Opportunity Facility

In March 2014, the World Bank’s International Finance Corporation and Goldman Sachs 10,000 Women program launched a $600 million financing program called the Women Entrepreneurs Opportunity Facility that will allow as many as 100,000 women entrepreneurs in emerging markets to have access to financing.[12] IFC is investing an initial $100 million in the program, and Goldman Sachs Foundation is providing $32 million,[13] with an additional $486 million expected from public and private investors.[14]

Academic partners

See also

References
  1. Krothen (2008-03-05), GOLDMAN SACHS LAUNCHES 10,000 WOMEN (PDF), Goldman Sachs, archived (PDF) from the original on 2009-04-26, retrieved 2009-03-18
  2. News Editor 2 (2009-06-13), Goldman Sachs Welcomes First Japanese Partner to 10,000 Women, The FINANCIAL, archived from the original on 2009-06-17, retrieved 2009-06-14
  3. Damast, Alison (2008-03-05), "$100 Million for 10,000 Women", BusinessWeek, archived from the original on 2009-04-26, retrieved 2009-03-18
  4. Lewis, Carol (2008-09-16), "The 10,000 Women initiative", The Times, London, retrieved 2009-03-19
  5. White, Ben (2008-03-06), "Goldman in $100m drive to educate women", Financial Times, New York, retrieved 2009-03-19
  6. Gunther, Marc (2008-03-12), Goldman sees gold in helping women, CNNMoney.com, retrieved 2009-06-14
  7. Kelly, Kate (2008-03-06), If It’s Good for Goldman, It’s Good for the World, The Wall Street Journal, archived from the original on 2009-06-17, retrieved 2009-06-14
  8. "Past Global Leadership Awards". Vital Voices: Women. Vital Voices: Global Partnership. Archived from the original on 2016-10-27. Retrieved 22 May 2014.
  9. "Temituokpe Esisi". Vital Voices: Women. Vital Voices: Global Partnership. Retrieved 22 May 2014.
  10. "Andeisha Farid". Vital Voices: Women. Vital Voices: Global Partnership. Retrieved 22 May 2014.
  11. "Fatema Akbari". Vital Voices: Women. Vital Voices Global Partnership. Archived from the original on 25 April 2011. Retrieved 22 May 2014.
  12. http://ifcext.ifc.org/ifcext/pressroom/IFCPressRoom.nsf/0/46E12EAD05D0619B85257C9200595A41
  13. https://blogs.wsj.com/economics/2014/03/05/600-billion-credit-program-aims-to-encourage-female-entrepreneurs/
  14. https://www.washingtonpost.com/business/economy/goldman-floats-world-bank-50-million-for-fund-to-help-women-entrepreneurs/2014/03/05/16ea6e80-a49f-11e3-8466-d34c451760b9_story.html
  15. Parke, Kerry (2008-03-05), HARVARD BUSINESS SCHOOL JOINS 10,000 WOMEN, Harvard Business School, retrieved 2009-03-19


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