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Women’s Entrepreneurship Day 2024: History, Significance, Celebrations and Theme

Women’s Entrepreneurship Day is yearly celebrated on nineteenth November worldwide. This day celebrates and acknowledges the contribution of girls within the subject of entrepreneurship.  

This day additionally goals to encourage extra girls in direction of the sphere of entrepreneurship as nonetheless many ladies tries to keep away from the sphere of enterprise! 

Women’s Entrepreneurship Day (WED) is a day on which the work of girls entrepreneurs is noticed and mentioned, held daily of every 12 months. The inaugural occasion was held in New York City on the United Nations, with further occasions being held concurrently in a number of different nations. 

Event Women’s Entrepreneurship Day
Date November 19, 2024
Day Saturday
Significance The day acknowledge and celebrates the contribution of girls within the subject of entrepreneurship
Observed by World broad

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Women’s Entrepreneurship Day History: 

The first female-owned enterprise within the United States is recorded in 1739 when Eliza Lucas Pinckney took over her household’s plantations in South Carolina when she was 16 years outdated. In the 18th and nineteenth centuries, girls operated small companies attained from inheritance or to complement their earnings. In many instances, they had been attempting to keep away from poverty or had been changing the earnings from the lack of a partner. At that point, the ventures that these girls undertook weren’t regarded as entrepreneurial. Many of them needed to give attention to their home duties. 

Women turned extra concerned within the enterprise world solely when the concept of girls in enterprise turned palatable to most people; nevertheless, this doesn’t imply that there have been no feminine entrepreneurs till that point. During the mid 18th century, it was fashionable for girls to personal sure companies like brothels, alehouses, taverns, and retail outlets. 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. During the 18th and nineteenth centuries, extra girls got here out from underneath the oppression of society’s limits, and started to emerge into the general public eye. 

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As the Nineteen Nineties got here in, the provision of computer systems and the growing reputation of the web gave a much-needed increase to girls in enterprise. This know-how allowed them to be extra prevalent within the enterprise world and showcase their expertise to their rivals. Even with the elevated reputation of girls in enterprise, the provision of know-how 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 applied 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 comparable philanthropic causes. The first day was held on November 19, 2014, and was noticed in 144 nations that 12 months. 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 celebrated it!  

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Women’s Entrepreneurship Day Significance: 

Entrepreneurs are a few of society’s most radical and profound members and for good motive. They contribute to our ever-increasing requirements of dwelling and assist make sure the financial system continues to develop. While rising their enterprise, they assist themselves meet their targets, they assist everybody else, too. In current years, girls have change into extra and extra and concerned in entrepreneurship. While they’ve confirmed themselves to achieve success proprietors, there’s nonetheless a lot extra progress to be made and alternatives to be sought on this subject for girls.  

Today, extra girls are beginning new companies than ever earlier than, and the end result has proven an financial enchancment on each smaller and bigger scales. It can be essential for total development and growth as when girls can obtain success, everybody advantages. As a consequence, jobs are created, and the financial system is stimulated by each elevated income and reinvested {dollars}. In addition, girls are more likely to reinvest the cash they earn, which helps the native financial system operating. Hence girls are inspired on at the present time to take an element on this growth and development of our world. 

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Although 42% of companies at present are women-owned, disparities nonetheless exist. These disparities are stunting the quantity of financial development that’s really doable. If these gaps had been to be closed, extra individuals may very well be employed, incomes may improve, new providers may very well be provided, and extra merchandise and items may very well be bought. When everybody works collectively to remove limitations to success, it is a win-win state of affairs for each enterprise homeowners and society as an entire. If women-owned companies can generate trillions of {dollars} of income at the same time as these disparities prevail, think about what the consequence could be in the event that they not existed. This solely reveals us that financial development remains to be on the beginning line. 

Women’s Entrepreneurship Day instantly empowers girls by letting them know their work is valued and appreciated. Sometimes it simply takes easy acknowledgment to inspire individuals. This day units the tone that ladies can equally contribute to the expansion of a rustic and breaks gender stereotypes. It additionally offers them a platform in order that they will elevate their voice in direction of the challenges which they’re going through of their companies. W.E.D.O. tries to assist such girls who’re fighting their companies on at the present time.  

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Women’s Entrepreneurship Day Celebrations: 

On the event of Women’s Entrepreneurship Day, Pioneer Awards are distributed by W.E.D.O to these girls who’ve contributed vastly within the society by their entrepreneurship. In addition to the annual occasions, WED based and initiated a Global Ambassador Initiative, in an effort to develop WED communities on college campuses. It additionally runs the Women’s Entrepreneurship Day Fellows Program.  

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You can use this chance to host your individual occasion additionally simply collect some girls from the group and rejoice them at an occasion the place they’re honored and advised how nice they’re! Perhaps make it an appreciation occasion and a charity drive on the similar time, to honor the ladies who’ve been profitable entrepreneurs and, on the similar time, make a approach for the ladies who’re in want of alternatives to be in enterprise for themselves sooner or later.

Do you might have a feminine entrepreneur in your good friend circle or household? Use social media to advertise their enterprise. Help them develop, particularly if it’s a small enterprise. Another factor which you cam do is that at any time when you might want to buy an merchandise, verify whether or not a small woman-owned enterprise sells it. You shall be contributing your bit to the success of a girl entrepreneur. 

Women’s Entrepreneurship 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 individuals to specifically use merchandise and providers given by feminine entrepreneurs as a option to assist them. 

Most Searched FAQs on Women’s Entrepreneurship Day: 

1. When is Women’s Entrepreneurship Day celebrated? 

Women’s Entrepreneurship Day is yearly celebrated on nineteenth November worldwide. 

2. Who was the primary feminine entrepreneur? 

Madame C.J. Walker, born Sarah Breedlove, is the unique “self-made woman”. As a daughter to former slaves who was orphaned on the age of seven, Walker fairly actually constructed her empire out of nothing. 

3. What do feminine entrepreneurs wrestle with most? 

According to a survey, 48% of feminine entrepreneurs say a scarcity of mentors and advisors limits their skilled growth. In a world dominated by males on the highest ranges of enterprise, girls cannot flourish with out somebody pointing them within the appropriate route. 

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