Filipino impact business InvestEd has yet again received global nod after its CEO and co-founder, Carmina Bayombong, was named by the Cartier Women’s Initiative (CWI) among its nine “Impact Awardees.”
In an announcement on January 25, CWI said the awardees were chosen “for the extraordinary impact that their businesses have achieved over the years.” CWI described them as “bold entrepreneurs who are leveraging business to protect the Earth’s environment, raise the livelihood of their communities, and create opportunities for a better future.”
Bayombong received the recognition under the category “Creating Opportunities,” along with Carol Chyau from China and Fariel Slahuddin from Pakistan.
Meanwhile, Joanne Howarth from Australia, Lorna Rutto from Kenya, Charlotte Wang from China received the award for the category “Preserving the Planet.” Rasha Rady from Egypt, Nneka Mobisson from South Africa, and Temie Giwa Tubosun from Nigeria were recognized for “Improving Lives.” The categories were based on the United Nations Sustainable Development Goals.
CWI will announce the top three awardees on March 6 during the Impact Awards Ceremony in Dubai. First-place winner will receive $100,000, while the second-place and third-place winners will bring home $60,000 and $30,000, respectively. CWI said it will also provide the awardees with human capital support, international exposure, and media visibility.
The awards were given in celebration of CWI’s 15th anniversary. In 2019, CWI named Bayombong as South Asia and Oceanian laureate.
Invested envisions a world where every young dreamer has no barriers to success. Its high tech, high touch program provides under-resourced youth with capital for education, life skills coaching, and a supportive community. A globally awarded impact business, InvestEd has helped thousands of low-income Filipino youth increase their income and navigate success in a fast changing world. To date, InvestEd has raised funds amounting to over P125 million.
The Cartier Women’s Initiative is an annual international entrepreneurship program that aims to drive change by empowering women impact entrepreneurs. Founded in 2006, the program is open to women-run and women-owned businesses from any country and sector that aim to have a strong and sustainable social and/or environmental impact.