Peru: IDB, eight multinational enterprises to empower 100,000 women entrepreneurs

15:55 | Lima, Apr. 12.

On the occasion of the III CEO Summit of the Americas, Inter-American Development Bank President Luis Alberto Moreno —along with senior executives from Google, IBM, Microsoft, Facebook, Coca-Cola, PepsiCo, MasterCard, and Danper— have announced their commitment to IDB's #100kChallenge initiative, seeking to coach, connect, and certify more than 100,000 women entrepreneurs in the Americas by 2021.

Through the ConnectAmericas for Women platform, the IDB and partner companies will help strengthen the digital and business skills of female entrepreneurs using innovative training tools.

They will also promote the participation of women-led businesses in regional and global value chains, facilitate procurement opportunities, increase their participation in business forums, and promote training programs for certification of their products, services or processes.

"Women entrepreneurs have great potential to contribute to the dynamism of our economies, employment creation, and the prosperity of our region. What we are looking for with this campaign is to work hand in hand with the business community to multiply the impact of our initiatives and achieve this ambitious goal," said Moreno.

The private sector has a critical role to play in advancing women's empowerment in the workplace, in the community, and through their procurement policies and practices, in order to create greater opportunities for half of the population, who in turn play a fundamental role in the economic development of the countries of our hemisphere.

The IDB is strongly committed to gender equality and women's economic empowerment in the hemisphere. In May 2016, the IDB launched the online business platform ConnectAmericas for Women to connect female entrepreneurs with real business opportunities and offer them innovative tools to strengthen their management skills.

To date, 59,000 female entrepreneurs have signed up, and more than 22,000 have received training and participated in business forums.

Female entrepreneurs interested in learning more about the #100kChallenge and participating in trainings and other initiatives should join ConnectAmericas for Women at no cost.


The Inter-American Development Bank is devoted to improving lives. Established in 1959, the IDB is a leading source of long-term financing for economic, social, and institutional development in Latin America and the Caribbean.

The IDB also conducts cutting-edge research and provides policy advice, technical assistance, and training to public and private sector clients throughout the region.


The III CEO Summit of the Americas is the region's most important business event, which takes place at Westin Hotel in Lima.

It must be noted said meeting is held within the framework of the 8th Summit of the Americas.


Published: 4/12/2018
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