TWF and ANZ Launch Accelerator Programme for Women Entrepreneurs
ANZ Hong Kong and The Women’s Foundation today launched a 12-month programme to address the under representation of women in high growth businesses in Hong Kong, by helping women entrepreneurs grow their businesses.
In Hong Kong to launch the initiative, ANZ Chief Executive Officer Mike Smith said: “We’re pleased to be launching this important programme for women entrepreneurs in Hong Kong by partnering with The Women’s Foundation and playing a leadership role in boosting women’s participation in Hong Kong’s economy.”
TWF CEO Su-Mei Thompson said: “At TWF, we are committed to empowering women with the skills and resources they need to create better lives for themselves and their families. In keeping with the findings of the UN, World Bank and other international organisations, we have identified building and strengthening the pool of women entrepreneurs in Hong Kong as an important means of economic self-reliance for women with positive implications for greater gender equality and the overall economy.”
“We are delighted to be launching this exciting new programme with ANZ which will address the challenges women in Hong Kong face in scaling up their businesses, drawing on our recent study on women and entrepreneurship,” said Ms Thompson.
Female entrepreneurs participating in the programme include Jennifer Liu of Caffé Habitu, Joanne Ooi of Plukka, Shonee Mirchandani of Bookazine and Mary Gadams of Racing The Planet. They will gain access to financial advice, technology and additional resources provided by ANZ, TWF and other supporting organisations. ANZ staff members will also trial and provide feedback on the ideas, products and services offered by Programme participants.
ANZ launched the Women’s Initiative in Australia and New Zealand in July to highlight gender pay inequity and help grow women’s retirement savings. Across Asia Pacific, ANZ supports redesigning systems that prevent women from accessing financial institutions on equal terms through its financial literacy program MoneyMinded and banking channel goMoney.
The Women’s Foundation is a non-profit organisation dedicated to improving the lives of women and girls in Hong Kong through ground-breaking research, innovative and impactful community programmes, and education and advocacy. TWF published a report in 2013 on the opportunities and challenges facing women entrepreneurs in Hong Kong including case studies of over 20 women business owners. TWF has also been running workshops to empower women entrepreneurs through online resources, sponsored by Google. For more information, go to www.twfhk.org.