Sunday, August 18, 2019
News
NEWS HOME
»
PRN INDIA
Industree Foundation Awarded the White House-led W-GDP Grant Through USAID
  SocialTwist Tell-a-Friend  
   

  • The White House-led Women's Global Development and Prosperity (W-GDP) initiative seeks to economically empower over  50 million  women in the developing world by 2025
  • W-GDP recently announced 14 new projects which will reach 100,000+ women through more than 200 public- and private-sector partners world-wide.
  • Industree Foundation will create 28 women-owned enterprises in the creative manufacturing sector that will strengthen the resources of 6,800 women producers by deep hand holding them to form producer owned units and link them to commercial supply chains in the natural and biodegradable product sectors. The total direct and indirect impact of the project will be 54,560 members of the community.
  • Of the 120 proposals that were submitted, 14 awardees were selected targeting 22 countries worldwide, totalling to $27 million in Incentive Funds. Industree Foundation is the only organisation from India to receive this grant.
  • Watch the video of the conference here

BENGALURU, July 15, 2019 /PRNewswire/ -- Industree Foundation (Industree) was awarded the White House-led Women's Global Development and Prosperity (W-GDP) Fund in partnership with USAID.  This grant was awarded at the W-GDP and USAID partnership event, co-hosted by U.S. Global Leadership Coalition, where Ivanka Trump, Advisor to the President and Administrator Mark Green of the U.S. Agency for International Development (USAID) announced new activities of the W-GDP initiative. The grant will allow Industree, through its producer ownership model, to empower 6,800 women both economically and socially through the establishment of 28 producer-owned companies in the natural and biodegradable fibre value chains.

L to R: Chris Jochnick, President & CEO, Landesa , Candi Wolff, EVP Global Government Affairs, Citi; Neelam Chhiber, Founder, Industree Foundation; ; Ivanka Trump, Advisor to the President, The White House; Mark Green, Administrator, U.S. Agency for International Development, Liz Schrayer President & CEO, U.S. Global Leadership Coalition (USGLC), Morgan Ortagus, Spokesperson, United States Department of State

The White House-led Women's Global Development and Prosperity (W-GDP) initiative seeks to economically empower over  50 million  women in the developing world by 2025. This funding comes from the larger $50 million W-GDP Fund, which is overseen by USAID. Of the 120 proposals submitted, 14 awardees were selected, totalling $27 million in Incentive Funds. Industree is the only selected partner in India to receive this grant. Ivanka Trump, Advisor to the President, said of the Incentive fund, "We are thrilled by the enthusiastic response since the launch of W-GDP. Through our three core pillars of women prospering in the workforce, succeeding as entrepreneurs, and advancing economic equality under the law, we are committed to delivering real results that create transformational change for women in developing countries."  

Industree Foundation holistically tackles the root causes of poverty by creating an ownership based, organised creative manufacturing ecosystem for micro-entrepreneurs. Industree Foundation's comprehensive deep hand holding approach helps communities assess their traditional skill base, organise them into production units, develop products that appeal to modern markets, and create consistent demand to create sustainable businesses and livelihoods. This has led to significant social gains such as social security, better health care, improved resilience to crisis and overall resilience. Having already impacted 60,000 producers, the aim of this grant is to provide deep handholding support and strengthen the resources of 6,800 producers in the next 3 years, to achieve both economic impact (Increased incomes, regular work, and financial stability) and social impact (improved agency and empowerment of women at home and in their communities, as well as better educational opportunities for the next generation). The W-GDP funds will also serve as a catalytic fund, creating a pathway to forge new partnerships and networks that will, in turn, act as stepping-stones for access to philanthropic and blended capital. This broadening of partners and funding opportunities will support Industree's Mission Creative Million aimed at impacting one million producers over ten years and eventually our long-term target of millions of producers across the globe.

Talking on this occasion Neelam Chhiber, Co-Founder and Managing Trustee of Industree Crafts Foundation, commented, "We are proud to achieve one more milestone. I believe that blended finance is the way to build the solutions to reach the underserved which impact enterprises are unable to reach. An initial dose of philanthropic equity can lay the foundation to build self-sustainable models, which could then leverage the trillions of dollars available in Impact investing."  

USAID will manage and monitor the use all of the awarded grants and will work with congress in a bipartisan manner on these initiatives. USAID Administrator Mark Green noted, "We know that investing in women builds countries that are resilient and self-reliant. The Women's Global Development and Prosperity Initiative will accelerate the achievement of these goals by leveraging the collective resources and expertise of the U.S. Government to unlock the full economic potential of women around the world."  

Neelam is the "WomenChangeMakers Fellow" supported by Womanity Foundation and was also chosen as the Schwab Foundation/ World Economic forum's Schwab Social Entrepreneur of the Year for India. Industree's work is continuously supported by both funders and investors that include Mastercard Center for Inclusive Growth, Womanity Foundation, UNDP, British Asian Trust, Future Group, Tata Trusts, Standard Chartered Bank, Grassroots Business Fund and The Freedom Fund. Industree has also been able to leverage considerable support from various government departments in India. It has an extensive network of NGOs and grassroots organisations among its field partners, through which it is able to reach out to tens of thousands of rural producers.  

Read more about Industree Foundation work on  www.industree.org.in.  

Media Contact:
Akila Lean
akila@industree.org.in
+91-9663383326
Head Communications & Partnership
Industree Foundation

Photo: https://mma.prnewswire.com/media/946905/Industree_Foundation_Award_W_GDP.jpg

More News by PR Newswire India

Global market of dietary supplement is welcoming a rising star GLYMATE

Artprice by Art Market: Latest Auction Records in Photography

Sungrow Supplies Argentina's Largest Solar Plant with 1500Vdc Central Inverter Solutions

Over 120 Exhibitors From 10 Countries to Participate in Food & Hotel India 2019

SOTC Launches Holidays to Western Australia

Sonata Software Limited Announces Partnership With Agastya International Foundation to Support Creativity and Innovative Thinking in Rural Schools

Garuda Mall Presents Bengaluru's Biggest Doll and Book Festival August 2019

IIHM Initiative for 'Freedom From Hunger' on Independence Day

Xinhua Silk Road: Tasly remains China's 2019 National Tech Innovation Demonstration Enterprise

The Garment Manufacturers Association in Cambodia (GMAC) urges the EU to maintain the EBA program - The livelihood of 750,000 workers and the welfare of some 3 million Cambodians at stake

Venus Concept Announces Financial Results for the Second Quarter and First Six Months of 2019 and FDA 510(k) Clearance of Venus Bliss™

HHL Leipzig Graduate School of Management Confers Honorary Doctorate to Federal Chancellor Angela Merkel

IHG® Hotels & Resorts Serves Up One-of-a-Kind Experiences at 2019 US Open

Earlier Is Better ... New, Patented At-Home Blood Pregnancy Test, Available Exclusively From TAEUS, Offers Human Pregnancy Confirmation Within Days, Rather Than Weeks

Frost & Sullivan Recognizes Proofpoint as the Global Email Security Market Leader for Fifth Consecutive Year

IBC2019: TVU Networks Announces Advances in AI, 4K60fps and HDR Transmission, and Remote Production

Rain Carbon Begins Commissioning Process at New Hydrogenated Hydrocarbon Resins Facility in Germany

AntWorks and Everest Group Unveil Intelligent Document Processing Playbook

Charkit Chemical Announces Promotion Of Panos Yannopoulos To Executive Vice President, Sales

FDA Approves New Treatment for Highly Drug-Resistant Forms of Tuberculosis

Grammy Winning and Multi-Platinum Recording Artist Ariana Grande Launches Her New Fragrance THANK U, NEXT

Amplitude launches Engage, a behavioral targeting solution for automated campaign personalization

Webb Fontaine Group FZ-LLC Signs a National Single Window Implementation Contract With the Government of Nepal

upGrad Honours the Indian Armed Forces With an Exclusive Lifelong Benefit, This Independence Day

Mishtann Foods Reports 22.1% Increase in Q1FY2020 PAT at INR 3.14 Crore

Gyrfalcon's Cutting-edge Technology for Creating AI Accelerator Chips Commended by Frost & Sullivan

Rolls Royce's Ghost Zenith Collection, the Pinnacle of a Timeless Masterpiece

CleverTap Helps GiftAMeal Increase the Number of Meal Donations by 2x

TĂśV SĂśD South Asia Introduces Promotional Scheme Offering Testing Services With 8- hours Turnaround Time for Textile Manufacturers in Tiruppur

Over 300 Exhibitors & 650 Brands From Gems & Jewellery Industry to Participate in 8th Edition of Delhi Jewellery and Gem Fair ( DJGF ) 2019

9stacks Wins the SuperStartup Asia Award 2019

Mobileum Inc. Acquires WeDo Technologies

true balance and ICICI Lombard Partner to Provide Financial Inclusion to the Next Billion

Ashraya Hastha Trust Partners With Smile Train India to Boost Cleft Care Ecosystem in India

Radio Nasha Celebrates 25 Years of 'Hum Aapke Hain Koun' at Nasha Premiere Nights

Bitfinex Enables Intermediate Verification Level

Small-satellites and Downstream Digital Transformation Accelerate Space Industry Evolution

Uflex Starts Q1 FY2019-20 With a Steady Performance

Vanita Bhandari Takes Over as 50th President of IMC's Ladies' Wing

Jet Midwest, Inc. Acquires a B767-200ER airframe and CF680A-2 engine

42Gears Named as a Visionary in Gartner's Magic Quadrant for Unified Endpoint Management Tools 2019

Richardson Launches Enhanced Service Through Consultative Sales Training Program to Equip Service Professionals with Skills to Deliver Exceptional Customer Experience & Unexpected Value

Chef Clement D'Cruz of Hyatt Joins IIHM Panel of Experts

Voltaiq Applauded by Frost & Sullivan for its Game-changing Battery Analysis Platform, Voltaiq Core, and Innovative Battery Digital Twin Solution

Private and SME Segments Stand Out Globally as Key Targets for Car Leasing Companies

ITC Infotech and 'Automation Anywhere' Pioneer Digital Workforce

Clarivate Analytics launches Cortellis Digital Health Intelligence, a first-of-its-kind solution covering the global digital health ecosystem

Combined Surgical Suction/Irrigation Technology Available Immediately

FDI Applications More Than Doubled in First Half of 2019, Thailand BOI says

Mambu Earns Acclaim from Frost & Sullivan for Accelerating Customers' Time-to-market with its Cloud-based Core Banking Platform

Mukta Arts' Q1 FY20 Consolidated Revenues up 40% y-o-y to INR 47.9 Crore

Prozone Intu's Q1 FY20 Consolidated Revenues up 31.4% to INR 22.3 Crore

Companies Invest Heavily in Employee Health Management IT Solutions to Improve Employees' Well-Being and Corporate Performance

Sofyx & Servify Team Up to Launch Protection Plans for Smartphones in General Trade

OPPO Announces Discounts on F11 Pro and F11 This Independence Day

udChalo Forays Into the Hotel Segment by Partnering With Oyo and Fab Hotels

One Tree Can Save the World - InitiativeTree Launches Its Worldwide Network Tree Planting Program

Global Construction Additives Market Set for Robust CAGR of 6.6% from 2018 to 2025

The Farm at San Benito, Philippines Offers Special Monsoon Packages for Indian Travellers

Saksoft Q1Y20 EBITDA at Rs. 16.17 Crs, a Growth of 40.2% Y-o-Y

UST Global Announces Strategic Partnership With SeaLights Technologies

Pennar Industries Reports 25.8% y-o-y Increase in Q1 FY2020 Consolidated PAT After Minority Interest at INR 16.5 Crore

Global Alliance for the Future of Food Report: 21 Inspiring Examples of a Sustainable Food Future

New Review Suggests Normal Use of Electronic Cigarettes is Unlikely to Raise Significant Health Concerns

Conagen Expands Portfolio Beyond Gamma-Decalactone to 20 new non-GMO Lactones

Concept Medical Inc. Granted 2nd 'Breakthrough Device Designation' From the FDA for Its MagicTouch PTA Sirolimus Coated Balloon, for the Treatment of Peripheral Artery Disease (PAD) in Below-the-Knee (BTK) Indication

Betway Partners With Cricket Legend Kevin Pietersen

Higher Levels of Automation Expand Revenue Potential for Analytical Instrumentation Manufacturers

Xinhua Silk Road: Inaugural Fortune Global Sustainability Forum to be held in SW China's Yuxi in early Sept.

Autonomous Vehicle Developers Bet on Sensor Fusion Solutions and L2+ Features

KSB is First Reactor Coolant Pump Manufacturer to be Certified for Modern Nuclear Power Plants in China

Diabetic Patients Face a High Risk of Viral Hepatitis, Over 300 Million Infected HBV Patients are Unaware of Their Status, Says Dr. Nagaraj.S, Infilife Healthcare Pvt. Ltd.

Embassy Office Parks REIT Announces First Quarter FY 2019-20 Results; Reports Quarterly Distribution of Rs 4,167 Million

The Stars Group Reports Second Quarter 2019 Results; Updates 2019 Full Year Guidance; Appoints New Independent Director

Taiwan Tourism Bureau gets on Track With the Mumbai Metro

New Lagavulin 10 Year Old Single Malt Scotch Whisky: A Rare and Exclusive Treat for Travellers

Amity University Maharashtra Hosts its First Annual Convocation Ceremony in Mumbai

Producer Gaurang Doshi has been Instrumental in the Launch and Success of Many Among 'A' List Bollywood; Plans to Launch Ace Talent yet Again

MEIL's Engineering Marvel Converts Telangana's Dream Into a Reality

Deutsche Messe AG Alliance with Donghao Lansheng Group to Launch New Industrial Fairs in Shenzhen and Chengdu from 2020

Children Learn to Become Global Leaders at the 2019 Eye Level Model United Nations Camp

HONOR Vision Defines the Future with HONOR "Sharp Tech" Innovations

116 Young Talents for the 3rd Zhuhai Mozart Competition in September

CIFF Shanghai 2019 Announces Exciting Lineup of Global Architects, Designers and Brands

Tata CLiQ Launches 'SmartroniQ Sale' From August 9 - 14, After a Successful Campaign on Connected Homes

Mövenpick Hotel Colombo Welcomes Indian Travellers to the Highest Rooftop Bar in Sri Lanka

ZTE and China Mobile empower China's first 5G sporting events with 5G Live TV solutions

Greaves Continues Growth Momentum 9th Quarter in a Row

MLP Care's Strong Growth Continued in the Second Quarter of 2019

 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
INDIA WORLD ASIA
Govt focusses on four specific groups fo...
Diet impacts emotional well-being in wom...
HP: Hydroelectric projects shut down due...
Photo of Canadian service dogs catching ...
Yediyurappa is right in handing over pho...
Uttarakhand: Cloudburst hits Mori Tehsil...
More...    
 
 Top Stories
Delhi-NCR to get 300 more EV chargi... 
Real more challenging than fiction:... 
Why Jagan can't dump Amaravati as c... 
Shoaib Akhtar criticises Archer for... 
Modi's I-Day speech thought provoki... 
Hope BJP K'taka won't use CBI to un... 
Uttarkashi: Five persons missing af... 
Strict police guard in Portland fea...