“Born with zero privilege, the women portrayed in the Foundation 500 list have made their own fortunes in the harshest of start-up environments. Yet their stories often go untold. I wish I had seen women like these on the cover of business magazines when I grew up in South Sudan,” said Alek Wek, British/Sudanese supermodel, entrepreneur and H&M Foundation Ambassador.
The Foundation 500 list includes the owner of West Ivory Coast’s first bus company, a CEO from Indonesia growing her business by means of Facebook and the President of a Peruvian Trout Farmers' Association. Learn more and explore their stories on foundation500.com.
Karl-Johan Persson, board member of H&M Foundation and H&M CEO, said that the nonprofit H&M Foundation has pledged 120 million Swedish krona ($14 million/€12 million) during 2014-2020 to support over 200,000 women entrepreneurs from emerging markets with seed capital and skills training to start and expand their businesses.
“If the world is to achieve the UN Sustainable Development Goals on Women’s Empowerment and Gender Equality, the time to act is now.”