Administration

Ivanka Trump creating fund to support female entrepreneurs: report

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Ivanka Trump is crafting a fund to support female entrepreneurs around the world, Axios reported on Wednesday.

“The statistics and results prove that when you invest in women and girls, it benefits both developed and developing economies,” the first daughter and senior presidential adviser told Axios’s Mike Allen on Tuesday. “Women are an enormous untapped resource, critical to the growth of all countries.”

Trump has secured commitments from a number of companies and foreign governments to provide funds to small- and medium-sized ventures, an unidentified source told Axios.

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Trump has reportedly spoken to World Bank Group President Jim Yong Kim about the plan, and is said to have the full support of President Trump.

Ivanka Trump was in Berlin on Tuesday to participate in a panel discussion at the Women20 summit, a conference promoting women’s economic empowerment. During that discussion, Trump drew boos and jeers from the crowd after touting her father’s position on women’s issues.

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