Women’s Entrepreneurship Accelerator Announces Partnership with Commonwealth to Drive Change for Women Entrepreneurs in 54 Countries

NEW YORK, October 27, 2021– (COMMERCIAL THREAD) – The Women’s Entrepreneurship Accelerator (WEA), a strategic multi-partnership bringing together five United Nations agencies and Mary Kay Inc., today partners with the Commonwealth Businesswomen’s Network (CBWN) to empower and support underserved women entrepreneurs in 54 countries of the Republic.

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Deborah Gibbins, COO, Mary Kay Inc. (Graphic: WEA)

WEA is designed to maximize the development impact of female entrepreneurship in achieving the Sustainable Development Goals (SDGs) by creating an enabling ecosystem for women entrepreneurs that fosters growth, sustainability and resilience. In June 2021, WEA joined the Generation Equality Forum in Paris and pledged to empower five million women around the world by 2030 to accelerate progress on gender equality.

The EAJ recently announced the launch of a series of impactful knowledge initiatives and products, all shaped with a gender lens, as a joint outcome of the collaboration between the International Labor Organization (ILO), the International Trade Center (ITC), the United Nations Global Compact (UNGC), the United Nations Development Program (UNDP) and UN Women with strategic support and funding from Mary Kay. WEA’s impact work includes digital capacity building tools and training; entrepreneurship research; and advocacy and training on gender sensitive procurement (GRP).

The CBWN works with women in business by connecting governments and the private sector to encourage, enable and integrate the economic empowerment of women and women in leadership. Established in May 2021, the Commonwealth Women’s Entrepreneurship Accelerator (CWEA) is a multi-stakeholder strategic partnership of CBWN, Global Entrepreneurship Network UK (GEN UK) and Oxentia. This is a direct response to three developments: the agreement of all Commonwealth Heads of Government in London in 2018 “to work towards increasing the number and improving the success rate of the companies owned. by women, to break down gender barriers in all sectors, and increase opportunities for women to trade internationally ”; the recognition by the G20 in 2020 that “there is a missed opportunity – to bridge the gap that requires immediate action, which is the representation of women in emerging fields”; and the United Nations Global Acceleration Plan to Advance Gender Equality by 2026 and its coalitions for action on justice and economic rights and technology and innovation launched in 2021.

The new partnership with the CBWN in support of the CWEA further strengthens the geographical reach of the WEA in the 54 member countries of the Commonwealth of Africa, Asia, the Americas, Europe and the Pacific, with 32 countries classified as “small states”. Small states are particularly vulnerable to climate change and development challenges, including gender inequalities.

Beyond scaling up the core areas of work of the EAJ and CBWN, the partnership will also significantly focus on policy and advocacy to advance systemic change by engaging Commonwealth member states. and leveraging its networks of key organizations and stakeholders to support women in business or aspiring women entrepreneurs in and across the Republic.

“We know that multi-stakeholder partnerships and collective engagement are key to driving the change that women entrepreneurs need in all sectors of the world,” said Deborah Gibbins, COO of Mary Kay Inc. “WEA is delighted to join forces with the Commonwealth Businesswomen’s Network and Commonwealth Women’s Entrepreneurship Accelerator. Our collaboration will focus on increasing, amplifying and accelerating impact. We are more powerful together, and I look forward to our journey of collective action in support of the SDGs. “

“The Commonwealth Businesswomen’s Network is delighted to partner with the United Nations Women’s Entrepreneurship Accelerator on this historic initiative so that we can unleash and unleash the power and potential of more and more people. women of diverse backgrounds, ”said Freda Miriklis, President of the Commonwealth Businesswomen’s Network. “Through this partnership, we will be able to harness our collective strengths faster – for women, their communities and all the girls who can and will be inspired by their stories.”

To learn more about the Female Entrepreneurship Accelerator, visit we-accelerate.com.

About the Women’s Entrepreneurship Accelerator

The Women’s Entrepreneurship Accelerator (WEA) is a multi-partner initiative on female entrepreneurship bringing together 5 United Nations agencies, the International Labor Organization (ILO), the International Trade Center (ITC), the Global United Nations (UNGC), United Nations Development Program (UNDP), UN Women and Mary Kay Inc. to empower 5 million women entrepreneurs by 2030.

The ultimate goal of the initiative is to maximize the impact of female entrepreneurship on development in achieving the Sustainable Development Goals (SDGs) by creating an ecosystem conducive to female entrepreneurs around the world. The Accelerator illustrates the transformative power of a multi-partner partnership on a unique scale to harness the potential of women entrepreneurs.

Learn more about we-accelerate. Follow us: Twitter (@We_Accelerator), Instagram (@we_accelerator), Facebook (@womensentrepreneurshipaccelerator), LinkedIn (@womensentrepreneurshipaccelerator)

About the Commonwealth Business Women Network

The Commonwealth Businesswomen’s Network (CBWN) works with businesswomen by connecting governments and the private sector to encourage, enable and mainstream women’s economic empowerment. This is achieved through the delivery of businesses, initiatives, products and services focused on business, talent and training. It is the only accredited organization focused on women’s economic empowerment and directly recognized by 54 governments on six continents. Learn more about www.cbwn.org

About the Commonwealth Women’s Entrepreneurship Accelerator

The Commonwealth Women’s Entrepreneurship Accelerator is a multi-stakeholder strategic partnership on female entrepreneurship established following the first Commonwealth Women’s Entrepreneurship Summit (CWES) in May 2021, the first global event dedicated to women in the sectors emerging technologies. The CWES was convened by the Commonwealth Businesswomen’s Network; the Global Entrepreneurship Network; the UK government (Women in Innovation Network, an Innovation UK program); and the largest network of women entrepreneurs in Africa (AWEP: African Women’s Entrepreneurship Program). The Commonwealth Women’s Entrepreneurship Accelerator is a partnership between the Commonwealth Businesswomen’s Network, the Global Entrepreneurship Network-UK and Oxentia. Learn more about www.thecwea.org

About Mary Kay

One of the original glass ceiling breakers, Mary Kay Ash founded her beauty business over 58 years ago with three goals: to develop rewarding opportunities for women, to deliver compelling products, and to make the world a better place. This dream turned into a billion dollars company with millions of independent sales force members in nearly 40 countries. Mary kay is dedicated to investing in the science behind beauty and advanced skin care manufacturing, color cosmetics, nutritional supplements and perfumes. Mary Kay pledges to empower women and their families by partnering with organizations around the world, focusing on supporting cancer research, protecting survivors of domestic violence, beautifying our communities and encourage children to make their dreams come true. Mary Kay Ash’s Original Vision continues to shine, one lipstick at a time. Learn more about marykayglobal.com

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Mary Kay Inc. Corporate Communications
(+1) 972.687.5332 or [email protected]

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