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The Wave April, 2004 eNewsletter Volume 2, Number 4
Road to Istanbul
UK, US and Canada Share Best Practices Online and Via Videoconference


Barbara Mowat of Canada, front row center, addresses Trilateral participants in London via videoconference, as she, American participants and members of the UK Study Tour meet in Washington, DC.

A Trilateral Virtual Summit on Women’s Entrepreneurship with leaders and experts from the UK, the US and Canada was hosted over the Internet from April 19 to May 7, 2004. This Internet-based exchange of best practices, research and data on the importance of women’s entrepreneurship to economic growth will be discussed at two OECD events in Istanbul in June.

The Summit included the availability of data and statistics on women’s entrepreneurship; key challenges to the growth of women’s entrepreneurship, and what is being done to overcome the challenges; best practices and lessons learned; creation of domestic policy recommendations; strategies to educate policy makers and the media about women entrepreneurs and their economic and social impact in each country; and opportunities for local stakeholders to work together.

Each country posted a video clip of a national leader, who provided an overview of the state of women’s entrepreneurship in that country. On May 7, a live videoconference was hosted among leaders from each country to discuss Trilateral results and next steps. Feedback was extremely positive, and a results report will be published in June, 2004.

Project Tsunami also hosted a Study Tour from the UK organized by PROWESS, the government sponsored organization dedicated to encouraging the growth of women-owned business. Details regarding this initiative and its results will be included in the next issue of the Wave.


Top WE Experts in the World to Meet in Istanbul and Virtual Istanbul

The prestigious OECD in Paris is hosting an 87-country Ministerial Conference on small and medium enterprises (SMEs) from June 4-5, 2004, at the Lufti Kirdar Convention Center in Istanbul. Women’s entrepreneurship is one of the key strategies that SME ministers and ministers of the economy/industry will look at to grow their national economies and create jobs. (In parallel with the Ministerial, the OECD is organizing a Business Symposium focused on Information and Communications Technologies on June 3, and a Global Marketplace from June 3-6.)

The OECD is also hosting the “Accelerating Women’s Entrepreneurship Forum,” a high-powered meeting of many of the top experts in the world on women’s entrepreneurship, which will be held at the Intercontinental Hotel in Istanbul from June 5-7. See information about registering in column 3.

The Forum is being organized in partnership with Project Tsunami, a global accelerator for women’s entrepreneurship, which grew out of a 50-country OECD conference on women’s entrepreneurship in Paris in 2000. Other organizers include the Kagider Association of Women Entrepreneurs in Turkey, plus the Turkish Ministry of Industry and KOSGEB. Tsunami’s CEO, Virginia Littlejohn—the OECD’s Senior Advisor for Women’s Entrepreneurship since 1996—is co-chairing the Forum.

The Forum is designed to put women’s entrepreneurship onto the global agenda, both politically and economically. Leaders from around the world will attend, including prominent women entrepreneurs, presidents of top women entrepreneurial NGOs, ministers and policymakers, decisionmakers from international institutions, researchers, investors, and corporate and foundation executives—all stakeholders invested in the future growth of women’s entrepreneurship. We will announce several major initiatives at a press conference at the conclusion of the Forum.

Leaders and experts will participate in a moderated online forum—Virtual Istanbul, from May 15 to June 4—to share best practices, and sharpen and update recommendations from previous OECD women entrepreneurial conferences held in Paris in 1997 and 2000. Recommendations from Virtual Istanbul will be forwarded to the OECD for consideration at the Ministerial workshop on women’s entrepreneurship.


OECD WE Forum Registration and Sponsorship Opportunities

For more information on how to register for the OECD Accelerating Women's Entrepreneurship Forum, or to find out about event sponsorship opportunities, please send an email with your request to info@projecttsunami.org or call
1 (202) 332-4411. Thank you.

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. IBM is a Diamond Sponsor.

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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