Visa has partnered with IFundWomen to create a new global grant program which will support three women-owned businesses in India this year.
Visa (NYSE: V) today announced the recipients of its grant program in India to boost women entrepreneurship globally and empower budding businesswomen. As part of Visa’s first global grant program in partnership with IFundWomen, Bunko Junko, My Chapter One and MoWo Social Initiatives each received a INR 7,00,000 (approximately 9,575.85 USD) grant from Visa and resources from Instamojo to grow their businesses digitally, in a continued effort to offer better services to their communities.
Mars, Inc. has launched #HereToBeHeard, a campaign to raise the voices of women and advance gender equality in businesses and the workplace.
As part of the company’s Full Potential platform for action on gender equity in its workplaces, sourcing communities, and the marketplace, #HereToBeHeard asks women everywhere: “What needs to change so more women can reach their full potential?” The responses will inform the concrete actions Mars will take – both within its value chain and in broader society – to close the gender opportunity gap.
Victoria Mars, Mars Board Member and ambassador of Mars’ Full Potential program: “Women have played a powerful role in our history and leadership at Mars. But we have more to do. We’re striving to empower more women within our workplace, and across our extended value chain.
On Thursday, January 28th, the Girls Leadership team and representatives from Open Access, TPG, Morgan Stanley, the National Hockey League, and TIME’S UP gathered to discuss the changing face of the American workforce. Based off of the organization’s pivotal Ready to Lead report, the second of Girls Leadership’s three roundtable discussions focused on the implications of the report’s findings on the workforce of the future.
The report details leadership supports and barriers for Black and Latinx girls and exposes the factors that make it difficult for these girls to rise into leadership positions. External challenges like the tendency for school systems and workforce upper management to be dominated by white employers, leaders, and authority figures, represent a major barrier to Black and Latinx girls carrying their own torches of leadership into the future.
Editor’s Note: The following essay on this pivotal moment in the fight to pass the ERA (Equal Rights Amendment) is by Suzanne Lerner, co-founder and president of Michael Stars, and vice-chair of the Fund for Women’s Equality.
Something extraordinary happened involving the ERA at the end of last week—day two of the new administration.
U.S. Senators Lisa Murkowski (R-Alaska) and Ben Cardin (D-Md.) announced that the first bipartisan legislation they will introduce for the 117th Congress is their joint resolution to remove the deadline to ratify the Equal Rights Amendment (ERA)
Editor’s Note: This interview in ourFeminist Giving IRL series features Najada Kumbuli, the new Head of Investments for the Visa Foundation.
1. What do you wish you had known when you started out in your profession?
I was fortunate to start my career in the field I was passionate about – impact investing. At the time, impact investing, or investing to generate a measurable, beneficial social and/or environmental impact alongside a financial return, was nascent, which provided both an opportunity to shape the trajectory of the industry and a challenge, as there were few companies leading the way, yet tremendous need to accelerate and scale their work.
Nike, Inc. has announced that it will begin a partnership with Black Girl Ventures to support the economic empowerment of women of color.
Expanding the NIKE, Inc. Black Community Commitment to support organizations focused on social justice, education and economic opportunity for Black Americans, Nike announces a new partner focused on economic empowerment, Black Girl Ventures. The $500,000 investment from NIKE, Inc. will support Black Girl Ventures in its efforts to provide Black and Brown women-identifying founders with access to community, capital and capacity-building to support entrepreneurship. This contribution builds on the commitments to Black Girls CODE, NAACP Empowerment Programs and the NAACP Legal Defense and Educational Fund, Inc. (LDF) announced in July 2020.
NEW YORK–(BUSINESS WIRE)–Today, American Express (NYSE: AXP) revealed the 100 Black women entrepreneurs selected for its “100 for 100” program, which will provide each with grants of $25,000 and 100 days of business resources, including business education, mentorship, marketing, virtual networking, WorkSpaces by Hilton hotel reservation credits and more.
American Express created this program in partnership with IFundWomen of Color, the leading platform for women of color to raise capital, to support Black women entrepreneurs as they work to jump start and grow their business ventures. The initiative is part of American Express’ recently announced $1 billion action plan to enhance diverse representation and promote equal opportunities for its colleagues, customers and communities.
I was doing some thinking on the funding-of-women quandary. What the Women’s Philanthropy Institute helpfully taught us was that as of 2016, funding specifically for women and girls in the U.S. is at 6.3 billion a year, comprising 1.6% of total philanthropy funding.
It’s unclear whether this giving has increased under Trump’s tenure. It’s also unclear whether this type of giving will face new barriers in the COVID economy. Therefore, one has to wonder what we should be doing to try to bridge the gap between the conversation about funding women and girls, and the actual doing of it.
BREAKING: UltraViolet Says it Was a Mistake to Support Sheryl Sandberg for Facebook’s Board in 2012, Ahead of Election, Says Her Tenure Has Been “Bad for Women and Democracy”
Women’s Group Launches New TV Ad Campaign Featuring Women Speaking Directly to Sandberg About Abuse on Facebook and Demanding She “Lean In” to Fix It
UltraViolet Says Facebook is Powering Violence That Harms Women
SAN FRANCISCO (10/30/2020) — In a strong reversal, UltraViolet, a leading national women’s group that in 2012 lobbied aggressively for Sheryl Sandberg’s elevation to Facebook’s Board of Directors, is now saying that decision was a mistake and that Sandberg’s tenure at Facebook has been bad for women.
Texas Women’s Foundation’s 35th Annual Luncheon Featured America Ferrera, Award-Winning Actress and New York Times Bestselling Author
Luncheon Raised More Than $926,000; 2,000+ Guests Attended and, Over 24 Hours, Another 11,000 Viewed Event
DALLAS, Texas, October 7, 2020 – Texas Women’s Foundation held its 35th Annual Luncheon, presented by Toyota and powered by The Dallas Mavericks, on September 29, featuring a conversation with America Ferrera, award-winning actress, director, producer, TheNew York Times best-selling author and activist. The conversation was moderated by Laysha Ward, Executive Vice President and Chief External Engagement Officer for Target. As the principal fundraiser for the Foundation, the luncheon raised more than $926,000.