July’s Face 2 Face speaker series, sponsored by the Austin Business Journal and Whole Foods, hosted Ingrid Vanderveldt. Vanderveldt is the founder of Empowering a Billion Women by 2020.
EBW2020 is made up of three of Vanderveldt’s organizations: EBW2020, Ingrid Vanderveldt LLC and the EBW Foundation. The EBW Foundation was launched with a mentor-matching program during SXSW this past March. EBW aims to do just that–empower a billion women by 2020 by providing education, mentoring and policy programs for women to improve their businesses.
According to Vanderveldt’s website, EBW works by “getting $1B of credit into the hands of women worldwide, enabling them to create leverage to buy up to $10B infrastructure they need to build and scale [and] creating $100B worth of overall global market impact.” Vanderveldt says the only way to reach this lofty goal of one billion women is through technology–“get a phone in a woman’s hands!” By partnering with Dell to launch this project, they reached 600 million women last year through the program.
Ingrid previously worked for Dell as the Entrepreneur-in-Residence and says her personal goal is to be the female version of Michael Dell. Her advice for entrepreneurs is to not be afraid to fail. Her first business venture failed, but she continued to try and try again until she became successful.
Vanderveldt said for women to succeed, they need three things: mentorship, financial literacy and technology, with a heavy emphasis on mentorship. She also emphasized that women are part of a “sisterhood,” and by building up each other we are improving the world.
The Face 2 Face speaker for August is Joseph Kopser, CEO and Co-Founder of RideScout. Join us on August 11 at Whole Foods to hear him speak and meet with some of our staff members to learn more about our mission. Learn more and register here; tickets are $30 and usually sell out.