W-GDP Initiative

In February 2019, Donald J. Trump provided a US contribution of over $50 million to the Women’s Entrepreneurship Finance Initiative spearheaded by daughter Ivanka Trump. The initiative has been created to address the challenges faced by female entrepreneurs around the globe.

"Investing in women is vital for our collective economic prosperity and global stability. When we empower women, communities prosper and countries thrive." Ivanka Trump

women in business

Women in business have incurred an inherent disadvantage in the economy around the world, with issues accessing credit, technology required for the 21st century, and a lack of networking. This is a first-of-its-kind and unique initiative that is in accordance with the Trump administration's ambitions in addressing equality issues facing women.

The initiative is designed to promote the safety and protection of women through economic empowerment across the globe. The United States has committed to working with other nations to banish laws, barriers, and regulations that inhibit the free and fair participation of women in not only business but also in the community.

w-GDP initiative objectives

The objectives of this initiative are comprised of a 3-pillar strategy, to see women prospering in the workforce, women succeeding as entrepreneurs, and enabling women into the economy, with a projection to see 50 million women around the developing world seek economic empowerment.

In acknowledgment of the World Bank's claim, in the 21st century, society must see equal participation of men and women in work placement and any nation’s development.

The World Bank also stated that the underdevelopment of women regarding employment and in business is an issue of morality and is critical for a modern society. The Trump administration has championed the W-GDP initiative and has taken great steps in making a tremendous contribution to the venture.