Goldman Sachs To Grow 10,000 Women Entrepreneurs
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Women development and involvement in entreprenurial activities have continued to elicit interest in developed and developing emerging economies. Many conferences and initiatives have been held globally to muster support and increase awareness for this cause.
Education Jobs In line with this global concern, the Goldman Sachs Group Inc. (NYSEGS) has rolled out its 10,000 Women Initiative, a global initiative that will provide 10,000 underserved women, predominantly in developing and emerging markets, with business and management education.
This effort, according to Peter Bankole, general manager, Pan African University Development Services Unit, aims at investing in a largely untapped yet significant resource Education Jobs – the exponential power of women as entrepreneurs and managers. Said he: “Through partnerships between universities in the U.S. and Europe, and business schools in emerging and developing countries, 10,000 Women Initiative seek to have a lasting impact on the quality and capacity of business education in developing regions around the world.â€
He said the initial partnerships would support pragmatic, flexible and shorter term programmes, resulting in business and management certificates that can open doors for thousands of women whose financial and practical circumstances prevent them from receiving a traditional business education, and that there would also be a select number of MBA and BA degrees conferred.
Goldman Sachs just released a research report, “Women Hold Up Half the Sky,†which demonstrates that strengthening education for women is a critical and underutilised lever for economic growth in developing and emerging economies. According to the report:
? The impact of woman education is felt not only in women’s lifetimes, but also in the health, education and productivity of future generations as well. The economic growth that results from higher education feeds a virtuous cycle that supports continued improvements in education and health.
Narrowing the existing gender gap in employment could increase income per capita by as much as 10–14 per cent above our baseline forecasts in the BRICs and other key emerging markets by 2020. Higher levels of women education could also have raised trend GDP growth rates in these countries by 0.2 per cent over the past decade.
Education Jobs Goldman Sachs Corporate Engagement. 10,000 Women Initiative is one of Goldman Sachs’ largest corporate engagement programmes and is a reflection of the firm’s commitment to initiatives that help advance the continued development of markets and economies. These initiatives include Goldman Sachs Gives, a donor-advised fund; the Goldman Sachs Foundation, an education foundation that has made over $100 million in grants since 2000; the Goldman Sachs Center for Environmental Markets, which works with independent partners in the academic and non-governmental organization community to examine market-based solutions to environmental challenges; and The Public Service Programme, a competitive global initiative that gives top employees the opportunity to work for a nonprofit organisation for up to one year.
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