Women's Entrepreneurship Day 2023: History, significance, and theme

Women’s Entrepreneurship Day is celebrated on November 19 every year to recognise the achievement of women entrepreneurs and to support the efforts of women to build their business ventures. This global initiative, established by the Women’s Entrepreneurship Development Organization (WEDO), has already been adopted by more than 144 countries worldwide.

The day was initiated to address various issues faced by women entrepreneurs like lack of education, cultural influences, limited access to capital and lack of mentorship, among others. The day also aims to support women in launching their business ventures by eliminating gender biases.

In the current scenario, women are becoming successful in the startup world or as independent freelancers and consultants in the corporate sector. Women have been able to establish their remarkable success in the business world. With the progress in technology and economic growth more and more women are entering into the world of entrepreneurship these days. Moreover, in India, women entrepreneurs are given business loans at a very nominal interest rate to support them in expanding their businesses.