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Ivanka Announces $122 Million In Grants For Women’s Economic Empowerment Initiative

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Katie Jerkovich Entertainment Reporter
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Ivanka Trump announced Tuesday $122 million in new programs and partnerships for the Women’s Global Development and Prosperity (W-GDP) Initiative.

“Since launching W-GDP (Women’s Global Development and Prosperity Initiative) less than a year ago, more than 12 million women have benefitted,” the first daughter shared in her opening remarks at the State Department. (RELATED: Ivanka Turns Heads In Gorgeous Yellow Plaid Skirt Suit)

“Today, I’m pleased that WGDP Fund is announcing $122 million in new partnerships and programs with unbelievable reach and potential for impact,” she added. (RELATED: Celebrate Melania’s Birthday With Her Greatest Looks As First Lady [SLIDESHOW])

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“Building on commitments toward Pillar 1 we are now launching Round Three of the WomenConnect Challenge, a $4 million challenge to support private-lead efforts to bridge the gender digital divide,” Ivanka continued.

“The W-GDP Fund was created to source and scale the most innovative programs to advance women’s economic empowerment,” the first daughter shared in a release from the White House. “We are leveraging the resources and expertise of the U.S. government and the private sector so that activities have enduring, deep effects on the communities they reach.”

The W-GDP goal is “to reach 50 million women across the developing world by 2025 through U.S. government activities, private-public partnerships, and an innovative W-GDP Fund,” the release added.

During the announcement, Ivanka praised private sector companies like Walmart, Microsoft and Mastercard for their partnerships in ensuring the programs success.

“In every Walmart store, club, and office location around the world, as well as throughout our supply chain, we strive to be a place where all people feel included and valued,” Doug McMillon, president and CEO of Walmart, shared.

“And we’re proud to support the Women’s Global Development and Prosperity Initiative, particularly because it upholds those values that are at the core of who we are as a company,” he added.

“We can’t truly prosper as a nation and world if women can’t fully participate in civic and economic life,” Brad Smith, President of Microsoft explained. “By providing access to the right skills and technology, we can help transform the lives of millions of women everywhere.”