WE NYC Aims to Leverage 5,000 Women from Low-income Neighborhoods

By: Meghan Young - Mar 21, 2015
References: www1.nyc.gov & fastcompany
WE NYC is one of the latest initiatives looking to dispel the gender gap in the working world. It also focuses on low-income neighborhoods, which makes its potential impact even more powerful. WE NYC aims to create 5,000 women entrepreneurs over the next three years. It hopes to accomplish this impressive undertaking by provides "free training and business services" such as "loan negotiation workshops, connections to capital, pro-bono legal assistance, and navigating government resources," reports Fast Company.

A collaboration between the city's Department of Small Business Services (SBS) and Citi, WE NYC not only addresses economically vulnerable girls and women, but also provides a promising action plan to help them. Deputy Mayor Alicia Glen says, "For us, it’s really exciting to have the city of New York, for the first time, take a look at all of the different opportunities and challenges that entrepreneurs face, and put a gender lens on it."