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Ivanka Trump project to raise women in developing countries announces $ 27 million. In grants



Ivanka Trump has announced the first group of grants for its financial efforts, women's global development and wealth initiative.

The White House Initiative launched in February with an initial $ 50 million investment from the US International Development Agency is designed to help women in developing countries get ahead financially.

Its first set of grants is $ 27 million, for 14 projects in 22 countries, mainly in Africa, Latin America, and Southeast Asia.

  A white initiative spearheaded by Ivanka Trump to help women in developing countries come forward financially, announcing their first rate of subsidy. (RYAN MCBRIDE / AFP / Getty Images)

A white initiative speared by Ivanka Trump to help women in developing countries get ahead financially announces their first rate of subsidy. (RYAN MCBRIDE / AFP / Getty Images)

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Trump is the daughter of President Trump and a senior white house counselor. The initiative aims to help strengthen 50 million women in developing countries by 2025.

The budget Trump has proposed for 2020 another $ 100 million for the initiative, although he has proposed cuts to other foreign aid.

"We have just started, but we are committed to delivering real results that create transformational changes for women in developing countries by helping them thrive in the workforce, succeed as entrepreneurs, and fight for legislative changes," said Ivanka Trump Wednesday. According to The Associated Press

The first 14 projects that received a $ 27 million share were selected from about 120 entrances, said management staff Wednesday.

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They includes an effort in Rwanda to help 1,400 women enter the African fast-growing energy sector, a Latin American initiative to equip 8,700 women with the skills needed to work tech jobs in Brazil, Chile, Colombia, Mexico and Peru; and a plan to support 5,000 women working in Indonesia's poultry industry.

The Associated Press contributed to this report.


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