A White House initiative led by Ivanka TrumpIvanka TrumpHouse panel tees up Trump executive privilege fight in Jan. 6 probe Mary Trump doesn't see her cousins connecting with GOP Rubio: Biden's new child allowance is 'first step toward a universal basic income' MORE announced Wednesday its first slate of grants worth $27 million to economically benefit women in the developing world.
Trump said the money from the Women’s Global Development and Prosperity Initiative (WGDP) would be complemented by $160 million from hundreds of nongovernmental organizations and private sector companies to buoy the initiative's efforts.
The money will go to 14 projects in 22 countries, which Trump said would benefit 100,000 women.
“We’re very, very excited about the private sector and NGO community coming alongside of us to amplify and accelerate our work,” she said at the U.S. Global Leadership Coalition Discussion on Women's Economic Empowerment.
Trump added that all of the projects were specifically curated to fall in line with the initiative’s three pillars of women prospering in the workforce, women succeeding as entrepreneurs and women enabled in the economy.
The WGDP was first launched in February with an initial investment of $50 million from the U.S. Agency for International Development and has a goal of empowering 50 million women in developing countries by 2025.
“We are just getting started, but we are committed to delivering real results that create transformational change for women in developing countries by helping them prosper in the workforce, succeed as entrepreneurs, and fight for legislative change,” she said in a statement to The Associated Press.
The new grants will help fund projects mostly based in Africa, Latin America and Southeast Asia, including supporting 5,000 women in the pork industry in Indonesia, helping 1,400 women in Rwanda get jobs in its burgeoning energy sector and boosting tech sector jobs for women in Brazil, Chile, Colombia, Mexico and Peru.
President TrumpDonald TrumpOhio Republican who voted to impeach Trump says he won't seek reelection Youngkin breaks with Trump on whether Democrats will cheat in the Virginia governor's race Trump endorses challenger in Michigan AG race MORE’s proposed budget asks Congress for another $100 million for the initiative.