Women’s Entrepreneurship Day 2021: History, Significance and Why is it Celebrated?

Women Entrepreneurship Day is celebrated every year on 19 November
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Women’s Entrepreneurship Day is celebrated every year on 19th November.

Women Entrepreneurship Day is celebrated every year on 19 November. The day is observed to acknowledge, support and celebrate the invaluable contribution of women business leaders and entrepreneurs towards economic growth and development.

In particular, women have a long history of being entrepreneurs. Since the 19th century, they have been breaking down barriers and paving the way for other boss women. From running home-based businesses to raising large teams, women have been breaking glass ceilings along the way. Successful women entrepreneurs like Oprah Winfrey, Cher Wang, Indra Nooyi, Falguni Nair, Vandana Luthra, Kiran Shaw Mazumdar, Gina Reinhart are inspiring others to venture on the path of entrepreneurship through their success stories.

Today’s women are thriving in startups or opening branches on their own as independent consultants or freelancers. More women are ready to take the leap of faith in business as it gives them the freedom to set their own schedule, earn their own money and pursue their passion.

Women’s Entrepreneurship Day History

Women’s Entrepreneurship Day was the brainchild of an organization called Women’s Entrepreneurship Day Organization (WEDO). The organization believes in supporting the women community and educating leaders on the social and economic benefits of women entrepreneurship. Due to these continuous efforts, the United Nations announced to celebrate Women’s Entrepreneurship Day on 19 November every year.

The opening ceremony was held at the United Nations in New York City, with some additional events being held simultaneously in several other countries. Initially, 144 countries in total recognized the first WED in 2014, including the presentation of the Women’s Entrepreneurship Day Pioneer Awards.

Women’s Entrepreneurship Day was founded and implemented by Pet Pioneer, Animal Fair Media founder and Ellis Island Medal of Honor recipient Wendy Diamond, who volunteered with the Adelante Foundation, which provides microcredit to low-income women in Honduras .

The reason behind celebrating Women’s Entrepreneurship Day is to empower and support women in business and encourage them to eradicate poverty. Over the past decade, the world has seen the emergence and growth of women-owned businesses globally, who make up 38% of all small businesses that grow and develop the economy.

Aditi Agarwal, Founder, PinkAprons said, “My entrepreneurial journey has definitely been a roller coaster ride. I feel like the captain of a restless ship trying to reach shore but huge waves and huge rocks are stopping it. One of the biggest challenges I faced as a woman entrepreneur is the patriarchal mindset or elements of being deeply buried in the psyche of the society. It’s about trusting your guts and believing in your dreams to make them come true one day. ,

Nupur Khandelwal, Co-Founder, Navia Life Care said that women are no strangers to entrepreneurship and are well aware of the challenges and difficulties. He has been breaking social barriers, aspiring people and making his way in the industry.

Surbhi Gupta, CEO, SAG Infotech said that even though many women have managed to write success stories, there are still challenges for female entrepreneurship as investors and the public believe that men are more suited to leading roles. are suitable. This landscape is changing rapidly and today women can travel far, meet new people, network and overcome almost all obstacles.

“The Modi government has also launched dozens of schemes aimed at empowering women,” he said.

Arushi Jain, Executive Director, Stayhappy Pharmacy, said that taking time out for personal development is the key to bringing out your personality and is the key to success. Every woman should take responsibility for supporting all local, regional and national women-owned enterprises.

Sharp Sight Eye Hospitals CEO Deepshikha Sharma said that the number of women entrepreneurs has increased in the country and the number of women entrepreneurs running and running lucrative ventures like SlideShare, Cisco, Flickr, Nykaa and The Body Shop has increased over the years Is.

He said, “The need of the hour is to encourage women entrepreneurs to come forward with confidence as this not only creates more women inventors but also creates more jobs and helps in bridging the gender gap. “

Mona Singh, Co-Founder, India Accelerator said that when a woman embarks on this adventure in the modern world of business, the challenges can be enormous. It takes a lot to turn a dream into an enterprise. “What has always driven me forward is the impact we are able to create in society,” she said.

Yogita Tulsiyani, Co-Founder, IXSeed Solutions, said that women today are defying societal norms and taking full control of their financial liberation these days. “Every day, hundreds of women-owned enterprises are emerging, creating new job opportunities and bringing positive change in the society,” she said.

Dimpy Dewan, Co-Founder of Hanchens, said that women are the best at multitasking, creativity, money-management, negotiation skills, honesty, resilience, compassion and taking it all together. “These are really essential skills to be a successful entrepreneur in building things. I congratulate all the women entrepreneurs who have broken the age-old shackles and preconceived notions, rules, barriers and found ways for other women to come. To be at the forefront and lead the change,” she said.

According to the National Sample Survey, women entrepreneurs account for only 14 percent of all enterprises in India.

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