Secretary Hillary Clinton announces Three Significant Women and Girls’ Initiatives at Presidential Summit on Entrepreneurship

Hillary ClintonSecretary Hillary Clinton announced today three Significant Women and Girls’ Initiatives at the Presidential Summit on Entrepreneurship. Delegates, including from over 50 nations had a 2 day discussion about how to collectively promote global entrepreneurship. The full text of the speech of Hillary Clinton can be found here and the video of speech of Hillary Clinton here.

"Women entrepreneurship will be a focus of US foreign policy", said Hillary Clinton.

First, the Secretary announced the “Secretary’s Innovation Award for Women’s and Girls’ Empowerment,” in partnership with the Rockefeller Foundation.

The Secretary has invited women and girls to submit initial concept papers outlining pioneering approaches to the political, economic and social empowerment of females.  Two essayists will be selected to receive an Innovation Award in the form of a grant of up to $500,000 with which to expand the scope of their idea.

The Secretary also announced the “Secretary’s Fund for Women and Girls,” a State Department-led public-private partnership committed to providing flexible, rapid, targeted, and high-impact grants to nongovernmental organizations working to meet the critical needs of women and girls around the world.

Lastly, she announced the Department of State Office of Citizen Exchanges of the Bureau of Educational and Cultural Affairs is seeking applications for the TechWomen program. The program will link approximately 20-40 emerging female leaders from Algeria, Egypt, Jordan, Lebanon, Morocco, the West Bank and Gaza, who have at least two years of professional experience in the field of technology, with female peer mentors in the United States for a four- to six-week mentorship program.

Sharon Vosmek, of Astia, the premier venture accelerator that targets exceptional start-ups with women on their founding teams, was present at the Summit and strongly supports the initiatives:

“Data shows that innovation, whether in business, sciences or the arts, requires gender diversity.  Yet, opportunities for women continue to lag those available to men,” said Sharon Vosmek, CEO of Astia.  “We applaud Secretary Clinton, the Rockefeller Foundation and the participating government entities for recognizing the value of female-driven innovation and putting essential resources behind helping not only today’s, but tomorrow’s generation of creative women thinkers.”

Astia is a global not-for-profit organization with a distinct focus and mission – to uniquely source innovation by propelling women’s full participation as entrepreneurs and leaders in high-growth businesses, fueling innovation and driving economic growth.

Headquartered in San Francisco, Astia delivers programs for entrepreneurs in Silicon Valley, New York, London and India.  Next Week, the Astia London 'Doing it RIght' Programme will take place.

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