Access to Capital for Women Entrepreneurs
In 2014, Goldman Sachs 10,000 Women and the World Bank’s International Finance Corporation (IFC) launched the first-ever global finance facility dedicated exclusively to women-owned small and medium-sized enterprises (SMEs). The facility is a $600 million effort to enable approximately 100,000 women-owned SMEs to access capital.
On July 26, 2015, President Obama announced that the Overseas Private Investment Corporation would join Goldman Sachs 10,000 Women and IFC and committed $100 million in new projects under the facility. View the video of President Obama’s speech at the 6th Annual Global Entrepreneurship Summit in Kenya.
Since launching, the program has already reached 25,000 women entrepreneurs in 14 emerging markets.
View infographic to learn more about the 10,000 Women partnership with IFC.