Sterling Bank/Goldman Sachs 10,000 Women Online Programme for Women Entrepreneurs in Cape Verde
Goldman Sachs' "10,000 Women" programme, in partnership with Sterling Bank, represents a unique opportunity for women entrepreneurs in Cape Verde. This online programme, designed to boost the growth of women-led businesses, offers high-quality training, mentoring and access to a global network of contacts. In Cape Verde, where female entrepreneurship faces specific challenges, this initiative is a catalyst for economic and social development.
What is the 10,000 Women Programme?
The "10,000 Women" programme is a global initiative by Goldman Sachs that aims to provide business education and access to capital for women entrepreneurs around the world. The main objective is to empower women so that they can expand their businesses, create jobs and contribute to the economic growth of their communities. The partnership with Sterling Bank, in this context, aims to facilitate access to the programme for women in Cape Verde and other African countries.
Key Benefits of the Programme
Participating in the "10,000 Women" programme offers a number of significant benefits for Cape Verdean entrepreneurs:
- Quality Business Training: Access to a comprehensive curriculum covering areas such as financial management, marketing, operations and leadership.
- Personalised mentoring: Individualised support from experienced mentors who offer strategic guidance and support.
- Access to a Global Network: Opportunity to connect with other female entrepreneurs, investors and business leaders from around the world.
- Increased Confidence and Capacity: Development of skills and knowledge that enable women to lead their businesses more effectively.
- Business growth potential: Tools and resources to expand operations, increase revenues and create jobs.
The Impact of Female Entrepreneurship in Cape Verde
In Cape Verde, women play a crucial role in the economy, especially in the informal sector and in small businesses. However, they face challenges such as limited access to finance, a lack of business training and cultural barriers. The "10,000 Women" programme directly addresses these issues, offering women the tools and support they need to overcome these obstacles and achieve success.
Challenges Faced by Women Entrepreneurs in Cape Verde
- Limited access to finance: Difficulty in obtaining loans and other types of finance to start or expand their business.
- Lack of business training: Lack of knowledge and skills in areas such as financial management, marketing and operations.
- Cultural barriers: Prejudices and stereotypes that hinder women's access to business opportunities.
- Lack of support networks: Difficulty finding mentors, investors and other partners who can help boost your business.
Success stories and case studies
Although the programme is relatively new in Cape Verde, on a global level "10,000 Women" has already demonstrated a significant impact. Studies show that participants in the programme experience an increase in their business revenues and create more jobs than companies led by women who don't take part. In other African countries, such as Nigeria and Ghana, the programme has helped transform small companies into thriving and sustainable businesses.
A hypothetical example in Cape Verde could be a woman who runs a small handicraft shop. Through the programme, she learns how to better manage her cash flow, create an effective marketing strategy and expand her business into new markets, such as tourism. With the support of a mentor, she manages to obtain a loan to invest in new machinery and hire more staff, thus increasing her production and revenues.
How to Apply for the Programme
The application process for the "10,000 Women" programme usually involves submitting an online form, submitting documents proving ownership and management of the business, and taking part in an interview. The selection criteria vary, but generally include the growth potential of the business, the social and economic impact of the company, and the candidate's commitment to actively participating in the programme.
It is important to check the specific requirements and application deadlines on the programme's official website or through Sterling Bank in Cape Verde.
Conclusion
Goldman Sachs' "10,000 Women" programme, in partnership with Sterling Bank, represents a valuable opportunity for women entrepreneurs in Cape Verde. By offering quality business training, personalised mentoring and access to a global network of contacts, the programme empowers women to overcome challenges and achieve success in their businesses. The impact of female entrepreneurship on Cape Verde's economic and social development is undeniable, and this initiative is a catalyst to boost the growth and prosperity of women-led businesses.
If you're a woman entrepreneur in Cape Verde and want to take your business to the next level, the "10,000 Women" programme could be the opportunity you've been waiting for. Don't miss the chance to apply and turn your dream into reality.
For more information and to apply, visit: https://www.goldmansachs.com/citizenship/10000women/
