Dhaka      Sunday, 17 November, 2024
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US Embassy Hosts Closing Ceremony for 90 Graduates of the AWE Program

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17 November 2024, 4:24 PM

Dhaka, Bangladesh Global:The U.S. Embassy Dhaka, in partnership with BRAC University's Center for Entrepreneurship Development (CED), celebrated 90 aspiring women entrepreneurs on their completion of the Academy for Women Entrepreneurs (AWE) program at the university’s campus in Badda today. Chargé d'Affaires ad interim Megan Bouldin presided over the event, reaffirming the U.S. government's commitment to women’s economic empowerment and fostering economic growth that is both gender-inclusive economic growth and provides opportunities to religious and other minorities across the country. The ceremony celebrated the achievements of 78 exceptional women entrepreneurs from across Bangladesh—including Sylhet, Cumilla, Barishal, Khagrachari, Jashore, Chattogram, and Dhaka—who successfully completed the second cohort of the U.S. government-funded AWE Program.

"Congratulations to the remarkable women who completed the Academy for Women Entrepreneurs (AWE) program this year," said Chargé d'Affaires Megan Bouldin. "You are paving the way for future generations of women entrepreneurs and proving that women have a critical role to play in Bangladesh's economic development."

During the ceremony, six top business pitch winners from the latest cohort were awarded for their outstanding business proposals. Chargé d'Affaires Bouldin also announced an additional $30,000 grant to fund a business pitch competition among 140 participants from all AWE cohorts. "We are thrilled to announce this funding, which will allow women from all cohorts to compete for multiple $5,000 awards to support their entrepreneurial ventures," Bouldin added.

The event featured a mini-fair and exhibition where participants showcased and sold their products, demonstrating the entrepreneurial skills they developed through the program. Many participants come from marginalized and minority communities, exemplifying their resilience and determination throughout their entrepreneurial journeys.

The AWE program, a global initiative of the U.S. Department of State, equips women with essential business knowledge and skills. Delivered in partnership with Arizona State University’s Thunderbird School of Global Management and the Freeport-McMoRan Foundation, the program uses the DreamBuilder platform to provide online learning resources and soft-skills training.

This year's cohort included 90 participants from Dhaka, Chattogram, and Sylhet, with priority given to women from indigenous, minority, and economically disadvantaged backgrounds. The three-month course, conducted in Bangla by industry experts, emphasized sustainability, peer-to-peer learning, and networking—creating a solid foundation for business growth.

"The AWE program is not just about entrepreneurship—it's about economic empowerment," said Bouldin. "When women succeed in business, their families, communities, and economies thrive."

The U.S. Embassy's partnership with BRAC University’s Center for Entrepreneurship Development reflects a shared commitment to fostering sustainable programs that address the needs of underrepresented women entrepreneurs and promote the growth of small and medium enterprises (SMEs) in Bangladesh.

The AWE initiative aligns with the U.S. National Strategy on Gender Equity and Equality, promoting women’s full economic participation and supporting a future where women from diverse backgrounds can contribute meaningfully to global economic growth, strengthening the prosperity of their communities and industries.

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