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IDB's Multilateral Investment Fund, Economist Intelligence Unit to Launch First Women´s Entrepreneurial Venture Scope Index

MIF-EIU study benchmarks environment for women-owned businesses in the region

The IDB's Multilateral Investment Fund and the Economist Intelligence Unit will launch a first-of-its-kind report, the Women's Entrepreneurial Venture Scope (WEVenture Scope), on Thursday, July 25, from 8:30-11:00 a.m. at IDB headquarters in Washington, DC. The study ranks 20 countries in Latin America and the Caribbean based on the primary factors influencing the start-up and growth of businesses owned by women entrepreneurs. WEVenture Scope was prepared by the EIU in collaboration with the MIF, which financed the publication.

IDB Executive Vice President Julie T. Katzman and MIF General Manager Nancy Lee will be joined by Leo Abruzzese, Executive Editor for the Americas for the Economist Intelligence Unit, and a panel of four experts—Gail Tzemach Lemmon of the Council on Foreign Relations, Mayra Buvinic of the United Nations Foundation, Laura Raffo of Endeavor Uruguay, Inez Murray of the Global Banking Alliance for Women, and Silvia Carbonell of the IAE Business School—in discussing the results of the survey.

WEVenture Scope assembles indicators assessing the areas of business operating risks, the entrepreneurial business environment, access to finance, access to education and training and availability of social services to identify the best places in the region for a woman to start and grow a business. The WEVentureScope report is accompanied by an online tool that will be available at www.weventurescope.com.

The launch will be livestreamed at English at http://www.livestream.com/IDBEvents1. Press interested in attending the event should contact John Ferriter at johnfe@iadb.org.

About the Multilateral Investment Fund

The Multilateral Investment Fund (MIF) supports private sector-led development benefitting low-income populations and the poor - their businesses, their farms, and their households. The aim is to give them the tools to boost their incomes: access to markets and the skills to compete in those markets, access to finance, and access to basic services, including green technology. A core MIF mission is to act as a development laboratory - experimenting, pioneering, and taking risks in order to build and support successful micro and SME business models.

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