Women entrepreneurs contribute significantly to economic development by creating businesses, jobs, and innovation. Studies show that when women participate equally in the economy, GDP can increase substantially. According to McKinsey, advancing gender equality could add $12 trillion to global GDP by 2025.
Women-owned businesses often reinvest a larger portion of their earnings into their families and communities compared to male counterparts, creating a multiplier effect that boosts local economies.
Women entrepreneurs are key drivers of job creation. By supporting their ventures, more employment opportunities are generated, particularly for other women, who are often underrepresented in the workforce. This helps reduce unemployment rates and fosters economic stability in communities.
Women bring unique perspectives and ideas to the business world, often addressing unmet needs in the market. This diversity of thought leads to more innovative products and services.
Companies and economies that embrace diversity tend to perform better, as they are more adaptable and better equipped to solve complex problems.
Investing in women entrepreneurs helps reduce gender inequality by providing them with the resources and opportunities to succeed. This, in turn, helps lift families and communities out of poverty. Women are more likely to use their income to improve access to education, healthcare, and nutrition for their families, creating a ripple effect that benefits future generations.
Women entrepreneurs often focus on businesses that address social and community challenges, such as education, healthcare, and sustainability. Their ventures tend to have a positive social impact, improving the quality of life for those around them. By empowering women, communities become more resilient and better equipped to handle economic and social challenges.
The women on this panel represent a diverse group of investors and entrepreneurs from the United States, Canada, the UK, LATAM, Europe, the Caribbean, Africa and Australia/New Zealand.
As an angel and seed investor, Kwamara and her umbrella company, TEC, LLC have helped to invest millions of dollars in small businesses across the country and have recently launched a fund.
Kwamara is recognized as an industry leader having been featured in multiple articles across the globe including CBS, NBC, Yahoo News, Business Insider, Boston Herald, MarketWatch, and more. She has spoken 3x at eMerge Americas, at the Hard Rock Stadium, Excel Stage (London),at the UK Parliament House of Lords, at Loan Depot Park/Marlins Stadium, and at numerous conferences across the country; and has been featured on multiple podcasts.
Meet Minister Catherine Warren, Founder of the Kitty Rose LifeStyle
Minister Cat met Kwamara online via LinkedIn. Kwamara believed in the mission and vision of the Kitty Rose lifestyle, and invested in Minister Cat's company. Here's what she has to say: