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Goldman Sachs 10,000 Women Announces Partnership with the IFC

Posted By Administration, Wednesday, March 19, 2014
Goldman Sachs 10,000 Women announced a new partnership with International Finance Corporation (IFC) to create the first-ever global finance facility dedicated exclusively to women-owned small and medium enterprises.  

Goldman Sachs Foundation, IFC, and other investors will contribute up to $600 million to the Facility, which will enable approximately 100,000 women entrepreneurs to access capital.  IFC research suggests that the global capital gap for women entrepreneurs is vast, estimated at around $285 billion.  According to recently released Goldman Sachs research, Giving Credit Where It Is Due, closing this gap in the BRIC and Next 11 countries could increase per capita income by up to 12% by 2030 in those countries.  

For additional information, please visit 10,000 Women

Tags:  000 Women  Entrepreneurship  Finance  Goldman Sachs 10  IFC  SMEs 

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