NEW Community Investments™ (NCI) proudly participates in U.S. Department of Commerce’s Women Empowered Leave Legacies through Trade and Investment (WELLTI) Summit in Dubai, UAE
In honor of International Women’s Day please donate to NEW’s IMPACT Campaign!
LOS ANGELES, CA – NEW Community Investments™ (NCI), an organization dedicated to making financial investments that spark economic mobility especially for underserved women, minority and veteran-owned small businesses, is excited to participate in the inaugural Women Empowered Leave Legacies through Trade and Investment (WELLTI) Summit in Dubai, UAE. Organized by the International Trade Administration at the U.S. Department of Commerce and taking place alongside Trade Winds, the U.S. government’s flagship trade mission and business development forum, the WELLTI Summit provides women-owned businesses and entrepreneurs with data, knowledge, contacts, and financing to increase trade.
“The Middle East and Africa are regions of significant growth with immense opportunities for collaboration in investment and development as we build back better through trade,” said U.S. Under Secretary of Commerce for International Trade Marisa Lago, who is leading the U.S. delegation to Dubai. “Our goal at the Department of Commerce is to help American companies, including small and medium sized firms, as well as women and minority-owned enterprises, compete and win globally. The Trade Winds mission and forum are vital components of these efforts.”
Quentin Strode, NEW Community Investments™ (NCI) President and CEO adds, “NCI is honored to be part of the inaugural WELLTI Summit that provides opportunities for women-owned and women-led businesses to connect and access resources for doing business in the Middle East and Africa region. As the financial arm under the umbrella of a nonprofit organization called NEW which is dedicated to sparking economic mobility for all women, NCI would like to bring our economic development expertise to help close the capital access gap especially of underrepresented women and minority-owned businesses in the Middle East and Africa Region.” Kimberly Stotzer, Executive Vice President of NCI presented at WELLTI’s networking event called the “Pop-Up with Public and Private Sector Resources”. Along with officials from the U.S. Trade Development Agency, Export-Import Bank of the United States, UAE CS Officer and other prominent government and private company representatives, Kimberly engaged women business owners and entrepreneurs with important information and resources for capital access solutions.
NCI is powered by New Economics for Women® (NEW), a 501(c)(3) nonprofit organization dedicated to sparking economic mobility for all women and families, particularly for Latinas, through wealth creation, housing, education, entrepreneurship, and advocacy. NEW is a California-based nonprofit founded in 1985 and is the first Latina-operated nonprofit community economic development organization in the United States with 80% of its Executive Team and more than 60% of staff being women, and with over 60% of its clients as women.
NCI and NEW honor all women across the globe on this International Women’s Day and ask to please join NEW in supporting the IMPACT Campaign, a fundraiser to expand upon the social safety-net programming for vulnerable women and children in the Los Angeles region. Make your IMPACT for this important cause by visiting NEW’s IMPACT webpage or by texting NEWImpact to 41444 (message & data rates may apply, international access may be limited). Follow our progress through #NEWImpact.
About New Economics for Women® (NEW):
New Economics for Women® sparks economic mobility for women, particularly for Latinas and their families, through wealth creation, housing, education, entrepreneurship, and advocacy for economic justice. We empower generations of women and families to thrive. For more information, call (213) 483-2060 or visit http://www.neweconomicsforwomen.org
About NEW Community Investments™ (NCI):
NEW Community Investments™ (NCI) builds economic development and financial sustainability among women and minority entrepreneurs in underserved communities. We concentrate on capacity building, access to resources, lowering financial risk and closing the funding disparities that persist amongst underserved communities. For more information, call (213) 483-2060 or visit https://new-nci.com
About WELLTI and the International Trade Administration:
In January 2021, the International Trade Administration’s Middle East & Africa Regional Office (MEA) launched the Women Empowered Leave Legacies through Trade and Investment (WELLTI) initiative. Through WELLTI, MEA brings together leading businesswomen from the United States, the Middle East, and Africa to discuss strategies and techniques to improve their businesses, and provide these businesses with the data, knowledge, contacts, and financing to increase trade. By empowering women entrepreneurs with access to information, capacity building and strengthened networks, ITA’s Global Markets is helping women and the global economy Build Back Better. For more information on WELLTI, visit WELLTI Summit.
The International Trade Administration (ITA) at the U.S. Department of Commerce is the premier resource for American companies competing in the global marketplace. ITA has more than 2,200 employees assisting U.S. exporters in more than 100 U.S. cities and 75 markets worldwide. For more information on ITA visit www.trade.gov.
Quentin Strode, President, and CEO, New Community Investments
Sachiko Usui, Director of Communications