GLOBAL INITIATIVE FOR WOMEN’S ENTREPRENEURSHIP RESEARCH ESTABLISHED AT BABSON COLLEGE
The Global Initiative for Women’s Entrepreneurship Research (GIWER) has been established at Babson College.
The Initiative, formerly known as The Center for Women’s Business Research (CWBR), generates the most up-to-date and comprehensive knowledge about the 10.1 million U.S. businesses owned by women.
GIWER is the next iteration of The Center for Women’s Business Research (CWBR), which led the world in transforming the perception of women-owned businesses from small, economically insignificant hobbies, into the reality of substantial, growing contributors to the U.S. and global economy.
As the GIWER, the Center will collaborate with world-renowned research communities such as The Diana Project and the Global Entrepreneurship Monitor, both Babson-affiliated research efforts, and will be headquartered within the Center for Women’s Entrepreneurial Leadership (CWEL) at Babson College in Wellesley, MA.
“This new program advances CWBR’s mission to the global level.” said Babson Professor Patricia R. Greene, CWBR Past President,. “Today, there are more than 187 million women starting and owning businesses which is equal to the population of Brazil. Providing data-driven knowledge that promotes their economic, social and political impact worldwide is more important now than ever.”
Babson will archive the historical records of the CWBR, making the documents available to anyone interested in reviewing and studying them.
About Babson College
Babson College is the educator, convener, and thought leader for Entrepreneurship of All Kinds™ . The College is a dynamic living and learning laboratory, where students, faculty, and staff work together to address the real-world problems of business and society -- while at the same time evolving our methods and advancing our programs. We shape the leaders our world needs most: those with strong functional knowledge and the skills and vision to navigate change, accommodate ambiguity, surmount complexity, and motivate teams in a common purpose to create economic and social value. As we have for nearly a half-century, Babson continues to advance Entrepreneurial Thought and Action® as the most positive force on the planet for generating sustainable economic and social value.
The Center for Women’s Entrepreneurial Leadership (CWEL) at Babson College educates, inspires, and empowers women entrepreneurial leaders to reach their full potential to create economic and social value for themselves, their organizations, and society. The Center does this through innovative education programs, events, and by supporting and widely disseminating research about the unique skills and experiences of women entrepreneurial leaders. Additionally, CWEL supports and advances gender equality as a growth strategy for individuals and for organizations of all sizes, everywhere in the world.
CWBR shared that "Women-owned businesses employ more people than the Fortune 500," as their first major finding and press release in 1992. The mission of the Center was to provide data-driven knowledge that advances the economic, social and political impact of women business owners and their enterprises. CWBR began as the National Foundation for Women’s Business Research and grew into the Center for Women’s Business Research.