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Women Entrepreneurs Day 2024: History, Significance and Theme

Women Entrepreneurs Day or Women’s Entrepreneurship Day is yearly celebrated on nineteenth November. This day celebrates and acknowledges the function that girls performs within the subject of entrepreneurship.  



Despite the advances made by girls entrepreneurs for the reason that Industrial Revolution, gender obstacles, societal stress, entry to funding and mentorship, and lack of training nonetheless constrain their progress so to handle all of those issues this present day is widely known. 

Women Entrepreneurs Day is organized by the WEDO (Women’s Entrepreneurship Day Organization) and acknowledged by the United Nations and over 120 international locations. On this present day, pioneering girls in varied fields are given the WEDO Pioneer Awards. 

Event Women Entrepreneurs Day
Date November 19, 2024
Day Saturday
Significance The day celebrates and acknowledges the function that girls performs within the subject of entrepreneurship
Observed by World extensive

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Women Entrepreneurs Day History: 

Women grew to become extra concerned within the enterprise world solely when the concept of ladies in enterprise grew to become palatable to most of the people; nonetheless, this doesn’t imply that there have been no feminine entrepreneurs till that point. In the seventeenth century, Dutch colonists who got here to what’s now generally known as New York City, operated underneath a matriarchal society. In this society, many ladies inherited cash and lands, and by this inheritance, grew to become enterprise house owners. During the mid 18th century, it was standard for girls to personal sure companies like brothels, alehouses, taverns, and retail retailers. Most of those companies weren’t perceived with good reputations as a result of it was thought-about shameful for girls to be in these positions. 

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In the 1900s, as a result of a extra progressive mind-set, and the rise of feminism, feminine entrepreneurs started to be a broadly accepted time period. Although these feminine entrepreneurs serviced largely feminine shoppers, they had been making nice strides. During the Great Depression, a number of the alternatives afforded to girls took a backseat and society appeared to reverse its views, reverting to extra conventional roles. During World War II, many ladies entered the workforce, filling jobs that males had left behind to serve within the navy. Some girls, of their very own accord, took these jobs as a patriotic responsibility whereas others began companies of their very own. Post world warfare II society have utterly modified with girls entrepreneurs turning into quite common at present.  

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As the Nineties got here in, the provision of computer systems and the growing recognition of the web gave a much-needed enhance to girls in enterprise. This expertise allowed them to be extra prevalent within the enterprise world and showcase their abilities to their opponents. Even with the elevated recognition of ladies in enterprise, the provision of expertise and the assist from totally different organizations, feminine  entrepreneurs at present are nonetheless struggling due to varied causes and to handle these causes solely Women Entrepreneurs Day was created! 

Women’s Entrepreneurship Day was based and carried out by Pet Pioneer, Animal Fair Media, Founder and Ellis Island Medal of Honor recipient Wendy Diamond, after volunteering with the Adelante Foundation who gives microcredit to low earnings girls whereas in Honduras. Upon her return to the US she determined she needed to develop one thing to assist this and related philanthropic causes. The first day was held on November 19, 2014, and was noticed in 144 international locations that yr. Since then, New York City and Los Angeles have declared it an official day, the U.S. House of Representatives has acknowledged it, and the United Nations noticed it.  

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Women Entrepreneurs Day Significance: 

Female entrepreneurship has steadily elevated on the earth throughout the twentieth and twenty first century, with feminine owned companies growing at a fee of 5% ever since 1997. This enhance gave rise to rich self-made females all internationally. Studies have proven that profitable feminine entrepreneurs begin their companies as a second or third career. Because of their earlier careers, feminine entrepreneurs enter the enterprise world in a while in life, round 40–60 years previous. The variety of self-employed girls has steadily elevated over the previous three a long time, placing them at an approximate thirty-three per cent enhance. Many female-owned companies proceed to be home-based operations. 

Many research present that girls begin their very own companies for a wide range of causes. These causes embrace the next: having an thought for a marketing strategy, having a ardour for fixing a particularly associated profession drawback, desirous to be extra accountable for their careers, sustaining a extra balanced life, having a versatile work schedule, and taking a private imaginative and prescient and turning it right into a profitable enterprise. Along with the extraordinary want to see their imaginative and prescient carried out, these girls even have an incredible means to multi-task and by no means feared the dangers concerned in being self-employed.

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Even although feminine entrepreneurship and the formation of female-owned enterprise networks is steadily rising, there are a variety of challenges and obstacles that feminine entrepreneurs face. One main problem for feminine entrepreneurs faces conventional gender roles which are structurally internalized by society. Entrepreneurship remains to be thought-about as a male-dominated subject, and it could be tough to surpass these standard views. Other than coping with the dominant stereotype, feminine entrepreneurs are dealing with a number of obstacles associated to their companies.  

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In this male-dominated world, girls should overcome challenges and obstacles each day to make sure the survival and progress of their companies. On this present day we recognize these girls for his or her efforts and contribution to the nation’s economic system. So on this present day varied packages are organized by the W.E.D.O. with motive to assist girls entrepreneurs all internationally in overcoming the challenges in enterprise. This day provides platform to many organizations working in the direction of girls empowerment particularly in the direction of the enterprise subject. 

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Women Entrepreneurs Day Theme: 

The Women Entrepreneurs Day 2024 is being celebrated with the social media marketing campaign of #ChooseWOMEN. 

This is the social media marketing campaign which ignites and prompts the shoppers to assist in enterprise worldwide! This theme encourages folks to specifically use merchandise and providers given by feminine entrepreneurs as a strategy to assist them. 

It additionally encourages folks to assist feminine entrepreneurs in another methods as nicely aside from being as shoppers solely. Like to put money into their companies or serving to on promotion of their enterprise, and so forth. 

Most Searched FAQs on Women Entrepreneurs Day: 

1. When is Women Entrepreneurs Day celebrated? 

Women Entrepreneurs Day is yearly celebrated on nineteenth November. 

2. What is the significance of ladies entrepreneurs? 

Women are an important a part of entrepreneurship and will proceed to steer change for years down the lane. Owing to their ingenuity, they bring about with them financial progress, innovation, creativity, and productiveness. They additionally encourage different girls and people to develop into enterprise house owners and be financially impartial. 

3. When was the primary Women Entrepreneurs Day held? 

The first Women Entrepreneurs Day was held in 2014. 

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