Goldman Sachs 10,000 Women is a global initiative that fosters economic growth by providing women entrepreneurs around the world with a business and management education, mentoring and networking, and access to capital.
Goldman Sachs partnered with Fortune for this year's Most Powerful Women Summit, during which 10,000 Women graduate Rayana Edwards was awarded the highly prestigious Goldman Sachs and Fortune Global Women Leaders Award.
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Since 2014, Goldman Sachs 10,000 Women has partnered with the International Finance Corporation to create and build the Women Entrepreneurs Opportunity Facility (WEOF), the world's first global finance facility to address the vast unmet needs of women-owned businesses in developing economies.
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10,000 Women is an innovative free-to-access online program designed to help women grow their business skills through practical education and training.
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Graduates of the full 10,000 Women course join other women entrepreneurs from around the world as part of a unique global community.
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Goldman Sachs 10,000 Women was founded on the understanding that investing in women entrepreneurs leads to economic growth and stronger communities. By providing a practical business education, mentoring and networking opportunities, and access to capital, 10,000 Women has reached thousands of women from over 100 countries to date. Graduates from this program report immediate and sustained business growth.
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Grounded in research and direct anecdotes from our alumni, we recognized that many women entrepreneurs face significant obstacles in accessing the capital needed to grow their businesses. In 2014, we partnered with the International Finance Corporation (IFC), a sister organization of the World Bank, to create the first global finance facility dedicated to women entrepreneurs – the Women Entrepreneurs Opportunity Facility (WEOF). The facility is built to help address the growing credit gap for female business owners. WEOF has reached $1.45 billion in commitments and will continue to grow, surpassing an initial target of $600 million.
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10,000 Women is now leveraging technology to create a new online learning experience to support female entrepreneurs in more corners of the world through the Coursera platform. By digitizing this free course that has been built to meet the needs of women business owners in developing markets, 10,000 Women is democratizing access to business education on a global scale.
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“Successful business is all about integrity and aiming to make a positive social impact. If we believe in something, we need to strive to achieve it without compromising on our ethical values. If we do that, growth will follow.”
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