SAN
FRANCISCO, June 11, 2024 /PRNewswire/ -- How Women
Lead, a nonprofit network of over 20,000 women leaders collectively
and individually working towards equity in women's leadership and
financial advancement, today announced it has been awarded a grant
from the Nasdaq Foundation to expand financial literacy and
capital markets participation among women, particularly women of
color. This collaboration will create a resource center for women
to access the knowledge, skills, and networks needed to thrive in
the financial world.
Women are new entrants to investing in capital markets and there
is a transformation underway today. Women have 52% of wealth and
research shows that an unprecedented amount of assets will
shift into the hands of US women representing a $30 trillion opportunity by 2030. For the first
time ever, we can anticipate a greater transfer of wealth to women.
The impact of this could be massive especially when combined with a
strong focus on education, access and inspiration.
Through the grant award, which is part of the Nasdaq
Foundation's New Investor Initiative, How Women Lead will leverage
its platforms, communities, and expertise to educate, inspire, and
engage women from diverse backgrounds to feel confident and take
action as investors. The potential impact of this wave could have a
transformational effect because of the way women invest. Research
by How Women Lead shows that women are values-aligned,
responsible investors more likely to invest in products like mutual
funds and less likely to trade individual stocks. How their
engagement en masse will impact companies into the future is an
exciting and potentially disruptive force.
The partnership will leverage How Women Lead's extensive network
of executive women leaders and the Nasdaq Foundation's expertise in
promoting diversity in financial literacy and investing, and
supporting women-led businesses.
Content- and experience-rich articles authored by industry
leaders, LinkedIn Live events and interviews on the How Women
Inspire podcast platform will feature exceptional women who are
moving the needle and bringing game-changing innovations to the
world of venture investing and entrepreneurship. This collaboration
will highlight the power of women as the new face of venture
investing and entrepreneurship, as well as offer education, tools,
and resources to inspire more women to navigate capital markets
with confidence while fostering economic growth for women-led
businesses.
"There is a huge economic opportunity to invest in women,
especially women of color, right now. We are excited to join forces
with the Nasdaq Foundation to amplify the importance of financial
literacy and capital markets participation for women," said
Julie Castro Abrams, founder and CEO
of How Women Lead. "Together, we are committed to closing the
gender gap in financial knowledge and investing, supporting women
in taking control of their financial futures, and fueling growth
for women entrepreneurs."
"The Nasdaq Foundation's New Investor Initiative is dedicated to
reimaging investor engagement in supporting underserved communities
with the tools, programs, and expertise needed to overcome barriers
to generating wealth," said Jailan
Griffiths, Nasdaq's Global Head of Purpose and President of
the Nasdaq Foundation. "Our partnership through the New Investor
Initiative with How Women Lead will provide valuable resources and
support for women seeking to build wealth, invest in their
businesses, and contribute to the growth of women-led
enterprises."
About How Women Lead
How Women Lead connects 20,000 top executive women to activate
their individual and collective power to achieve equity for women.
Founded in 2012, the organization fights for change at all levels
by affecting systems reform, mobilizing movements, education,
research and access to opportunities like board seats and
investing. How Women Lead's philanthropic arm, How Women Give,
provides grants and invaluable connections to women's and girls'
organizations on the frontlines of today's most critical issues.
And its sister organization, How Women Invest, invites women to
play big and powerfully in venture, making meaningful investments
and propelling high-potential, women-led companies forward at
scale. For more information, visit www.howwomenlead.com.
About the Nasdaq Foundation
Driven by Nasdaq's
Purpose to advance economic progress for all, the Nasdaq Foundation
works with organizations that promote and support under-resourced
communities by reimagining investor engagement and equipping
communities with the financial knowledge needed to share in the
wealth that markets create. To learn more, please
visit www.nasdaq.com/nasdaq-foundation.
Media Contact:
Susan
Schroeder, Marketing Director, How Women Lead
susan@howwomenlead.com
View original content to download
multimedia:https://www.prnewswire.com/news-releases/how-women-lead-awarded-grant-from-the-nasdaq-foundation-to-propel-womens-financial-literacy-and-capital-markets-participation-302169445.html
SOURCE How Women Lead