Women Entrepreneurs Day: History, Facts & Insights

This is an in-depth look at all the must-know facts about Women Entrepreneurs Day (2024) 🗓️ that no one tells you about. Women Entrepreneurs Day is celebrated on November 19th.

Among the information you’ll find below: the history of Women Entrepreneurs Day, activities to do on and how to observe this holiday, as well as captivating facts you might want to know about Women Entrepreneurs Day.

📅 What day is Women Entrepreneurs Day 2024?

In 2024, Women Entrepreneurs Day is on Sunday, November 19th. It is the 3rd Sunday in November; in 2024, it is Tuesday. There are until the next observance. You also can see all the fun details and facts about November 19, 2023, that you might not be aware of.

Every year, on November 19, Women’s Entrepreneurship Day is celebrated to honor female entrepreneurs and acknowledge their impact on the entrepreneurial community. It is fascinating to note that the first female-owned company in the United States was established way back in 1739. Despite the progress made by women entrepreneurs since the Industrial Revolution, they still face obstacles such as gender biases, societal expectations, limited access to funding and mentorship, and inadequate education, which hinder their growth. The Women’s Entrepreneurship Day Organization, recognized by the United Nations and more than 120 countries, organizes this day. Additionally, on Women’s Entrepreneurship Day, deserving women in various industries are honored with WEDO Pioneer Awards for their pioneering work.

📜 Women Entrepreneurs Day History

Eliza Lucas Pinckney was a notable woman from South Carolina who defied societal expectations and rose to prominence in business. At the young age of 16, she took over her family’s plantations, becoming the first known American girl to run a company. During the same time period, there were other women who ventured into various businesses such as brothels, alehouses, taverns, and retail enterprises. However, these ventures were stigmatized due to cultural perceptions of what women should or should not do. It wasn’t until the 1900s when a progressive shift in society led to the acknowledgment of feminism as a movement, allowing women in business to be recognized as female entrepreneurs. In the early twentieth century, black women emerged as ambitious entrepreneurs in fields such as dressmaking, black hair care, domestic service, and midwifery. Madam C. J. Walker, the first African American female millionaire, stood out as one of the most successful women of her time. In the late 1980s and early 1990s, organizations like Count Me In and the Women’s Business Development Center were formed in the United States to provide education and financial support to female entrepreneurs. However, these efforts were not enough to bring women entrepreneurs on equal footing with their male counterparts. Since the year 2000, there has been an increase in support and attention for female entrepreneurs, resulting in greater funding opportunities for women-owned businesses. Wendy Diamond, inspired by her work with the Adelante Foundation in Honduras, established the Women’s Entrepreneurship Day Organization (WEDO) in 2013 upon her return to the United States. This initiative has gained global recognition, with the first Women’s Entrepreneurship Day celebrated on November 19, 2014, in over 140 countries. It has been officially recognized in cities like New York City and Los Angeles, acknowledged by the United States House of Representatives, and commemorated by the United Nations.

✅ Women Entrepreneurs Day Facts

🔖 Growing global population of female-owned businesses
Globally, women are the proud owners of approximately 36% of small businesses.

🔖 The land of female entrepreneurs
Ghana has the highest percentage of private enterprises owned by women in the world, with women owning 46.4% of these businesses.

🔖 Thousands of new businesses every day
In the United States, women are starting approximately 1,200 new businesses every day.

👍 Why Is Women Entrepreneurs Day Important

Women must face problems and obstacles on a daily basis in this male-dominated society to secure the survival and success of their enterprises. Today, we honor these women for their contributions to the nation’s economy.

W.E.D.O. has a number of programs in place to empower and encourage more women to establish their own companies. We are happy to support such an important endeavor.

WEDO is the organization that sponsors the Women’s Entrepreneurship Day Organization (WEDO) Pioneer Awards. This award honors female achievers and trailblazers in a variety of business and life fields.

🙂 How To Observe Women Entrepreneurs Day

⚡ Launch your business
If you’re a woman with an excellent business idea, Women’s Entrepreneurship Day can provide you with a valuable platform to kickstart your venture. However, before you dive in, it’s important to ensure that you have all the necessary elements in place, including a well-developed business plan, a solid business model, and a strategy for entering the market successfully.

⚡ Appreciate women entrepreneurs
Starting and running a business is no easy task for women entrepreneurs. If you have any female entrepreneurs in your life, make use of Women’s Entrepreneurship Day to personally congratulate them or show your support on social media.

⚡ Support female-owned businesses
Support their businesses by shopping at their stores and promoting them on social media. Additionally, consider investing in their ventures, making donations, or offering support to aspiring female entrepreneurs.

📅 When is Women Entrepreneurs Day?

See all 🔗 November holidays, including 🔗 Cause and other 🔗 Careers holidays.

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