Abbreviation WED Website Official website Founder Wendy Diamond | Location International Founded 2014 Type of business Nonprofit organization | |
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Purpose Observing women entrepreneurship on November 19th of each year. Similar Ewing Marion Kauffman, Lalela Project, Riseup, Singularity University | ||
Women's Entrepreneurship Day (WED) is a day on which the work of women entrepreneurs is observed and discussed, held on the nineteenth of November of each year. The inaugural event was held in New York City at the United Nations, with additional events being held simultaneously in several other countries. 144 nations overall recognized the first WED in 2014, which included the presentation of the Women's Entrepreneurship Day Pioneer Awards. The organization behind WED also has an ambassadorship and fellowship program.
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History
Women's Entrepreneurship Day was founded and implemented by Pet Pioneer, Animal Fair Media Founder and Ellis Island Medal of Honor recipient Wendy Diamond, after volunteering with the Adelante Foundation who provides microcredit to low income women while in Honduras. Upon her return to the US she decided she wanted to develop something to help this and similar philanthropic causes. The first day was held on November 19, 2014, and was observed in 144 countries that year. It was described by Fortune Magazine as “a global movement to celebrate and support female founders and shed light on some of their challenges.” Forbes Magazine wrote that the intention was also “to mobilize a global network of female business owners, entrepreneurs and change makers who support and empower this community of women entrepreneurs and their businesses.” November 19th was proclaimed an “official day” by both New York Governor Andrew Cuomo and New York City Mayor Bill de Blasio and is celebrated annually at the United Nations and around the globe.
Inaugural event at the United Nations
Women's Entrepreneurship Day event convened at the United Nations in New York City included a conference, speakers, and the inaugural Women's Entrepreneurship Day Pioneer Awards. An Education Philanthropy Pioneer Award was given to Barack Obama’s grandmother Sarah Obama, for her work in bringing gender equality to education in that country. Obama was presented the award by actress Quvenzhané Wallis. Loreen Arbus received an award for her philanthropic work, as did to Lynn Tilton.
Other attendees of the United Nations inaugural launch included actress Rose Byrne; Miss Universe Gabriela Isler; Jimmy Choo co-founder Tamara Mellon; and First Ladies Gertrude Maseko of Malawi and Penehupifo Pohamba of Namibia. Delegations were sent from many different nations attended the event as well. A second WED is planned at the United Nations in 2015: the United Nations Foundation is a founding partner of the events.
International events
Additional events were held internationally, including one at the University of Luxembourg, which held a conference that featured speeches from women entrepreneurs as well as discussions between local entrepreneurs. The keynote address was provided by Deputy Chief Executive of the European Investment Fund Marjut Santoni. Other events were also held, for example, in Lagos, Nigeria. WED founded and launched the Women Wednesday social media event held on the Wednesday after Thanksgiving in 2014, to support women in business and related causes.
Fellowships
In addition to the annual events, WED founded and initiated a Global Ambassador Initiative, in order to develop WED communities on university campuses. It also runs the Women's Entrepreneurship Day Fellows Program, which is chaired by Kunal Sood.