Partnering with Jasmine
In Israel, 92% of working women are hired employees, whereas only 27% of the self-employed people are women. Statistics in the last decade show an accelerated growth, both in Israel and internationally, in the number of businesses in the general and in women-owned small businesses in particular. In Israel, small businesses today comprise 98.9% of the total number of businesses, with women-owned businesses standing at 20% compared to 44% in the U.S. It is no wonder, then, that the Obama Administration declared that women-owned small businesses in the U.S. constitute a critical part in the 21th century American economy.
Jasmine, which was founded by the Jewish-Arab Center for Economic Development, is a program designed to promote Jewish and Arab businesswomen who run small businesses, by tailoring a purpose-built plan for each business.
The purpose of Jasmine is to promote female-owners of small businesses in Israel, Arab and Jewish alike. The purpose of this conference is to raise awareness of the importance of women-owned small businesses as an economic and social lever in Israel, and to examine ways to assist such businesses.
Ofra Strauss is serving as voluntary President of Jasmine for the fourth consecutive year. Ahead of this conference she said: “Small businesses are a critical component in every growing and/or developed economy. Studies show that small and medium-sized businesses, which constitute the largest part of every economy, are the pillar of economic activity in every country, with women-owned small businesses proving to be the most resilient sector in times of crises.