Entrepreneurship activity among women increased by 10 percent globally: Ivanka
- Author: Rogelio Becker Nov 29, 2017,
Nov 29, 2017, 0:39
Ivanka Trump, daughter and advisor of United States President Donald J Trump, arrived in Hyderabad on Tuesday to attend the three-day Global Entrepreneurship Summit (GES) 2017.
The gathering, co-hosted by the US and India, comes as the two countries appear to be working to strengthen ties.
With barely few hours to go for the Global Entrepreneurship Summit (GES-2017) to open, a festive atmosphere pervades the Hyderabad International Convention Centre (HICC), the venue playing host to the three-day event.People of different nationalities, from across the world, have been trickling in since morning, bring along warmth, vibrance and enthusiasm to the colourfully decked up convention centre and neighbourhood.Within minutes of their arrival, numerous participants got into networking, the foundations of which were laid over the mobile app GES "17 developed for the Summit. It is a symbol of the strengthened friendship between our two peoples, and the growing economic and security partnership between our two nations", Trump said in her address at the inaugural session of the GES.
# India has a true friend in the White House. More than half the participants at the summit are women, and all-female delegations are representing countries such as Afghanistan, Israel and Saudi Arabia.
"She is the ideal person to make a visit like this as she has impacted lives of so many people and she is unlike her father who doesn't enjoy good reputation here", office worker Janakiram Mutyala told NBC. And now you are bringing that promise to hundreds of millions of people across your country. "It is incredible to be in this ancient city which is brimming with transformative technology".
"Now, your tech centers may even outshine your world famous biryani", she added. The summit is going to highlight the theme of "Women first, prosperity for all". She felt that women are more likely than men to hire other women, and are also more likely to reinvest their income back in their families and communities.
She said at the G20 conference, the United States was a founding member of a bold, new initiative with the World Bank - the Women Entrepreneurs Finance Initiative, or WeFi. In many countries, women are not allowed to own property, travel freely or work without the consent of their husbands, Trump said. "The US Small Business Administration, for example, increased its lending to women by over 500 million dollars this year alone", she emphasised.
Billboards with pictures of Ivanka dotted many parts of Hyderabad which is also home to major USA firms such as Microsoft.
"When women work, it creates a unique multiplier effect". Within minutes of their arrival, numerous participants got into networking, the foundations of which were laid over the mobile app GES "17 developed for the Summit".
Trump, who is leading the US delegation to the conference, said, "Here in India I want to applaud Prime Minister Modi for his firm belief that progress of humanity is incomplete without the empowerment of women".