Thunderbird School launches US version of program for women entrepreneurs
In conjunction with the celebration of International Women’s Day on March 8, the Thunderbird School of Global Management will launch an English-language version of the Freeport-McMoRan DreamBuilder program.
Designed for women entrepreneurs who want to start or grow a small business, the online learning program will be available throughout the United States in association with the Small Business Administration beginning immediately.
The 13-module program, funded and initiated by the Freeport-McMoRan Foundation and supported by Bluedrop Performance Learning, is the second version of DreamBuilder. The program was initially launched in Spanish and has helped thousands of women in Latin America. Both versions of the program are built on Thunderbird’s extensive 10-year history of training women entrepreneurs.
“DreamBuilder has been tremendously successful in Latin America, and we are excited about what it can do to help women throughout the United States," said Allen Morrison, CEO and director general of the Thunderbird School of Global Management. "We take pride that it is a program advanced through our social impact initiative, Thunderbird For Good. It is just one example of how Thunderbird leverages our expertise and builds partnerships with industry leaders to address global challenges.”
DreamBuilder guides students through a program augmented by animation, interactive exercises and video testimonials of successful entrepreneurs. Embedded in the program is a business plan generator, which creates a personalized, editable business plan, individually crafted by each student as a part of her graduation.
The program is not only relevant for women who are thinking of starting a small business, but also those who already own small or medium-sized businesses and simply need additional support to increase their success and income. While anyone can access the program online, women who choose to engage in it through a local non-profit organization will find additional support.
“One of the aims of DreamBuilder is to reach women entrepreneurs in rural and underserved communities, including mining communities, with an opportunity to turn their aspirations of starting or growing their own business into reality and ultimately increase their economic prosperity,” said Tracy Bame, director of Social Responsibility and Community Development for Freeport-McMoRan and president of the Freeport-McMoRan Foundation. “We believe investing in women in general, and in this program specifically, is an accelerator to overall community economic development. When women own businesses and increase their incomes, the overall economy of a region grows, creating healthier, more prosperous and sustainable communities,” Bame added.
ASU President Michael M. Crow said the university’s support for the program and its partnership with Freeport-McMoRan, Inc. and the Small Business Administration is another example of the potential of ASU’s union with Thunderbird.
“This is the correct mission leveraging the unique skills of Thunderbird, the scope and focus of Arizona State University, the commitment of a global private sector partner like Freeport-McMoRan and the realization that our common goal to educate the world includes a focus at home,” said Crow. “It also reflects a shared commitment to the potential of women across the globe, who do more than half of the world’s work but account for only about 10 percent of the world’s income. Continuing education helps close that gap, and we are pleased to help support and advance the vision.”
The Small Business Administration’s Office of Women’s Business Ownership will serve as a point of coordination for the program. The office oversees a network of Women’s Business Centers throughout the United States and its territories assisting women who are economically or socially disadvantaged. Women are offered comprehensive training and counseling on a vast array of topics in many languages to help them start and grow their own businesses.
“DreamBuilder is a tremendous asset for the more than 100 Women’s Business Centers and women entrepreneurs across the United States,” said Bruce Purdy, deputy assistant administrator, Office of Women’s Business Ownership, Small Business Administration. “We are thrilled to partner with Thunderbird School of Global Management on this innovative program.”
DreamBuilder organizers believe the training program that has been so beneficial to women entrepreneurs abroad will be equally embraced in the United States.
“Taking something we’ve had success with internationally and putting it to use in the United States is the logical extension of an effective educational program, and it is exactly what we should be doing,” said Kellie Kreiser, executive director of Thunderbird for Good. “This is an innovative program focused on a category of learners who need engaging, practical tools. When they complete our program, not only do they have the knowledge of how to start a business, but they also walk away with a business plan they can implement.”
Jay Thorne, Jay.Thorne@asu.edu