The Bill & Melinda Gates Foundation has announced a $2.5 billion commitment to improve the health of women who have been historically underserved and overlooked. This multi-year initiative aims to address critical gaps in women's health, including launching an eight-year contraceptive for women. The foundation's investment is part of a broader focus on empowering women through healthcare innovation and support for women-led startups, particularly in Europe and the UK, where female-led healthtech companies have recently raised over €45 million. Additionally, STAC Invest has provided over £1 million in funding to three female-led Scottish healthtech startups, combining capital, mentorship, and facilities to drive innovation in healthcare. The foundation's pledge has been recognized as a significant boost to women's health globally, with calls for balanced attention to men's health as well. This move aligns with global efforts to support women entrepreneurs and improve healthcare access and outcomes for women worldwide.
Gates Foundation to spend $2.5bn on health of 'ignored' women https://t.co/JEs5dGc535
Three women, countless opportunities. With support from the @WBG_IDA Private Sector Window, IFC is investing in financial institutions in the Kyrgyz Republic to support women entrepreneurs who are growing their businesses and creating jobs. Learn more: https://t.co/Thnb0Vp37L https://t.co/8EMAw3sTGZ
The Gates Foundation’s $2.5B Investment Signals a Boost for Women’s Health https://t.co/vqnErQV0D4