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The Wave February, 2004 eNewsletter Volume 2, Number 2
Road to Istanbul
Policymakers and Experts to Share Best Practices and Develop Strategies to Spur Women’s Entrepreneurship Globally

 

Cindy Williams (left), head of the women’s office at The White House, discussed US best practices for Istanbul with Tsunami Global BrainTrust members Julie Weeks, NWBC, and Susan Bari, President of WBENC (right), plus Tsunami co-founders Linda Tarr-Whelan and Virginia Littlejohn, who are not pictured.

In increasing numbers, countries around the world are trying to spur women’s entrepreneurship as a way to create jobs and grow their economies. To accelerate learning, the OECD is hosting a Ministerial Conference on June 4-5, 2004, in Istanbul, where ministers from 85 countries will look at women’s entrepreneurship as one of four strategies for growing their economies.

In parallel with the Ministerial, the OECD is also hosting an “Accelerating Women’s Entrepreneurship” Best Practices Forum in Istanbul from June 3-6, in partnership with Project Tsunami and Turkey’s Kagider Association.

This Forum will bring together women entrepreneurial experts from developed, developing and transition economies, as well as international institutions and corporations, to develop strategies to address this challenge. Participating experts will include policymakers, academics, NGO leaders, government program managers, corporations that serve the women entrepreneurial market, and women entrepreneurs themselves.

In addition, officials from the OECD, the International Labor Organization, European Union, the World Bank, regional development banks, UN agencies, national development agencies, and leading foundations have been invited to participate in this by-invitation-only Best Practices Forum.


In May, experts will participate in an online forum, “Virtual Istanbul,” where they will evaluate recommendations from previous OECD women entrepreneurial conferences (Paris, 1997 and 2000), and discuss the progress that has been made. They will also share resources, expertise, recommendations and best practices. Some experts will then meet in Istanbul from June 3-6 at the Best Practices Forum (with most activities taking place from June 4-6). Papers will be presented, both virtually and face-to-face, but the emphasis in Istanbul will be on experts sharing their expertise and best practices, rather than on a “panel of talking heads.”

Topics discussed online, and in plenary sessions and small expert roundtables, will include:

  • The catalytic role of research, data and statistics about women’s entrepreneurship,
  • Access to debt and equity capital,
  • Entrepreneurial education and training,
  • Access to networks and to corporate, government and international markets,
  • Technology as an entrepreneurial enabler, and
  • The importance of advocacy and constituency building for women’s entrepreneurial success.
  • Most importantly, “Accelerating Women’s Entrepreneurship” will focus on actionable outcomes:

  • Strategies for the ongoing development, identification and sharing of templates, models, best practices and emerging practices, including metrics for measuring the economic impact (GDP, jobs, etc.) and return on investment from supporting the growth of women’s entrepreneurship,
  • Creation of virtual and face-to-face models and mechanisms for leveraging resources, such as clearinghouses, virtual knowledge networks, collaborative funding models, and mechanisms for matching strong programs with resources, and
  • Strategies and mechanisms to facilitate sustainability and to spur growth along the business continuum.
  • To find out about the possibility of being invited to attend this Best Practices Forum as an expert, please send a copy of your bio or CV and a description of your expertise to info@projecttsunami.org.

    Business matching and expo opportunities may also be available. For more information about all these OECD Istanbul activities, see Tsunami’s website, www.projecttsunami.org.


    Women Trading Globally

    The Global Banking Alliance for Women–an outgrowth of two previous OECD women entrepreneurial conferences in Paris–is hosting a women entrepreneurial forum and trade mission in Vancouver from March 31- April 2, and in Toronto on April 5. The objective is to spur the economic empowerment of women trading globally among the Global Banking Alliance countries of Australia, Canada, Ireland, New Zealand and the US. For details, see: www.womentradingglobally.com

    About Tsunami

    Project Tsunami, Incorporated (www.projecttsunami.org), is a non-profit corporation based in the United States that is a global accelerator for women’s entrepreneurship. It was designed to help create a tidal wave of economic opportunities in the US and abroad, by identifying and connecting key women entrepreneurial leaders, facilitating the sharing of best practices across countries, and helping to link effective programs with resources. It uses 21st Century technology to make a clearinghouse of resources and best practices available to its powerful global network of leaders and multipliers, who then disseminate this information widely to their members and stakeholders. The organization began its work with a major seed grant from the Ewing Marion Kauffman Foundation, which funds innovative programs that foster entrepreneurship.

    Tsunami is an outgrowth of two major international conferences on women-owned small and medium enterprises put on by the Organization for Economic Cooperation and Development (OECD) in Paris in 1997 and 2000, for which Tsunami’s CEO Virginia Littlejohn served as Senior Advisor. Project Tsunami influences policies, practices and programs that expand the WE sector by concentrating on 6 core strategies:
    1) WE research, data and statistics;
    2) Entrepreneurial education and training;
    3) Access to finance;
    4) Access to networks and to corporate, government and international markets;
    5) Technology as an entrepreneurial enabler; and
    6) Constituency building and advocacy. We are also analyzing how these areas impact high-growth women entrepreneurs.


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