HERA provides entrepreneurship training, professional mentoring and grants to women survivors of modern slavery, violence and exploitation to enable them to become economically independent. To date, HERA has trained and mentored 360 vulnerable women and has awarded 132 grants to female-owned small businesses totalling more than 70,000 and creating employment for 500 young women at risk in Eastern Europe and the Caucasus.
What is the issue, problem, or challenge?
Each year hundreds of thousands of young women are trafficked across borders and within their own countries . Risk factors include women's poverty, lack of access to financial services and responsibility to contribute to family and household welfare. Many young women dream of building a better life and future for themselves and their families. Through force, fraud, and coercion, traffickers exploit these women's vulnerabilities and ambitions in order to enslave, torture, and exploit.
How will this project solve this problem?
HERA's interventions prevent trafficking and re-trafficking by economically empowering women. HERA provides grants to start and scale up women-owned enterprises in Eastern Europe and the Caucasus. Grantees include previously trafficked women and those with innovative ideas to prevent trafficking. In the UK and USA, HERA provides entrepreneurship training, professional mentoring, and business seminars in partnership with Imperial College Business School and Seattle University's Business School
Potential Long Term Impact
Since 2010, HERA has awarded 132 grants totaling 70,000+ GBP. An estimated 500 young women have obtained employment and training through these investments. 360+ women have gone through HERA's entrepreneurship training and mentoring. In the past three years, 85% of these women have gone on to obtain employment or apprenticeships, enroll in college, university, or professional training, and/or start new ventures. Your support helps launch ventures and career plans of many young women survivors.
Total Funding Received to Date: £32,413
Remaining Goal to be Funded: £37,697
Total Funding Goal: £70,110