Women Entrepreneurship Day 2022: This Year 'We Chose Women'

Women’s Entrepreneurship Day is celebrated every year on November 19 to honour the accomplishments of female entrepreneurs and to bring attention to their positive impact on society. Despite all the progress women have made since the Industrial Revolution, they are still held back by a lack of education, cultural pressure, access to capital and mentorship, and gender restrictions.

Women are now more than ever taking the entrepreneurial leap by starting their own businesses or venturing out as freelancers or independent consultants. Being an entrepreneur gives women the opportunity to set their own hours, and rates, and follow their passions - which has in turn encouraged more women to take risks. Women are now succeeding in startups and creating opportunities for themselves that weren't as accessible in the past. This is your time to shine!

History

The pioneer of celebrating women’s entrepreneurship day is an organisation named women’s entrepreneurship day Organisation (WEDO). WEDO established this day, a non-governmental movement that empowers and supports women in business to alleviate poverty worldwide; with the organisation's continued efforts.

The United Nations acknowledged it and declared 19 November as women’s entrepreneurship day, which is now celebrated in around 144 countries globally.

Over the last decade, the world has witnessed the growth of women-owned businesses, making up 38 per cent of all small businesses that keep the economies thriving and evolving.

Significance

The purpose of celebrating Women’s Entrepreneurship Day is to support and empower
women in business and to motivate them to fight poverty. 

Women who are entrepreneurs or who are going towards the path of becoming an entrepreneur learn to make effective decisions that benefit their personal life as well as understand le better. 

They can think about others by keeping themselves in their shoes, and women have inbuilt nurturing nature, so it benefits them to make both practical and empathetic decisions which seem to be very effective. 

Before, being a working woman was not very common in those times knowledge of making a perfect budget in one’s monthly earnings; women were the best financial manager in their households, but now these financial managers are not limited to the family, these women are currently working outside their homes professionally, and they are growing strong in economic standing. 

Women nowadays are achieving in startups or venturing out on their own as freelancers or independent consultants. Being an entrepreneur allows women the opportunity to set their hours, make their own money, and follow their passion

Women in many sectors who have flickered new paths are honoured with the WEDO Pioneer Awards on Women’s Entrepreneurship Day.

Theme 

Every year there's a theme to celebrate Women's entrepreneurship day in favour of women. The official campaign of Women’s Entrepreneurship Day 2022 is #Choosewomen. 

This is a movement to promote businesses and startups led by women for them to receive the limelight and support they deserve. 

Amisha Sharma

BW Reporters The author is a Trainee Correspondent at BW Businessworld