September 20 2016
Operation HOPE and Dermalogica Partner on New Clinton Global Initiative “Commitment To Action” to Empower Women Entrepreneurs
· The new Commitment To Action—FITE Entrepreneur Accelerator Program—was announced today at the 2016 Clinton Global Initiative (CGI) Annual Meeting, on stage by Chelsea Clinton, and is part of a coalition made up of one of more than 20 grouped under the multi-sectoral “Girls, Women, and the Global Goals” series of commitments, developed by the Clinton Foundation’s No Ceilings: The Full Participation Project, Vital Voices Global Partnership, and WEConnect International, focused on the empowerment of women and girls, globally
· Core issue areas of work for coalition partner commitments include: 1) Promoting women’s economic participation; 2) Addressing violence against girls and women; and, 3) Advancing women’s leadership in private and public sectors
· The FITE Entrepreneur Accelerator Program focuses on expanding business and entrepreneurship skills within the salon industry workforce
· Operation HOPE will provide digital access to its core financial literacy education and entrepreneurship training programs to empower Dermalogica’s clients
· Other companies submitting commitments as part of the coalition include: Walmart, Procter & Gamble, Airbnb, Pfizer, Women for Women International, CARE, AOL and Vital Voices Global Partnership
· This is the 12th and final CGI Annual Meeting
NEW YORK – Sept. 20, 2016 – Global financial dignity and economic empowerment nonprofit, Operation HOPE, Inc., has partnered with international personal care brand, Dermalogica, to empower women entrepreneurs, specifically in the salon and skincare industry, with a new digital vocational and entrepreneurship training platform. The partnership is defined in a new Clinton Global Initiative (CGI) Commitment To Action—FITE Entrepreneur Accelerator Program—announced at the 2016 CGI Annual Meeting. The FITE Entrepreneur Accelerator Program will focus on filling the business skills gap that currently exists in the salon industry workforce.
The digital platform will include a free salon-specific online curriculum developed by Dermalogica and The International Dermal Institute to supplement vocational training. Operation HOPE’s core financial literacy education and empowerment curricula, including, credit and money management, and entrepreneurship training programs, will be incorporated—helping women to increase personal credit scores, build self-esteem, hope, and confidence; effectively manage their money, develop skills to launch and grow their businesses, and, ultimately, create additional jobs in their community, as they expand industry skills.
“Creating pathways for women to have access to education and training, and become financially independent is at the foundation of financial inclusion and community uplift,” said Operation HOPE Founder, Chairman, and Chief Executive Officer, John Hope Bryant. “We are honored to partner with Dermalogica on this new commitment to empower women with the basics to extend their skills, build their businesses, and transform their lives and communities.”
For more than 30 years, Dermalogica and The International Dermal Institute (IDI) has offered the most challenging and rewarding postgraduate skin and body therapy curriculum available anywhere. Today, there are 38 IDIs worldwide, and the brand has supported more than 100,000 professional skin therapists, many of whom have started their own businesses within the skin care industry. FITE (Financial Independence Through Entrepreneurship) is an economic empowerment and educational initiative founded in 2011 by Dermalogica®, to support women entrepreneurs around the world to start and grow businesses.
“Skillset training is one of the fastest ways for women to start and grow a business, however financial literacy and business education are critical for long-term success,” said Dermalogica Co-founder and Chief Visionary, Jane Wurwand. “We’ve found the perfect partner in Operation HOPE to give more women access to this education and thus have an enormous impact on our shared economies.”
Recognizing the growth of the industry and opportunity for women, the FITE Entrepreneur Accelerator Program will boost the vocational training pipeline for women to become successful entrepreneurs by investing in the skills gap—financial literacy, basic business training, best management practices, and life skills, to help them grow into successful entrepreneurs and small business owners around the world.
Program implementation in 2017 and 2018 will include marketing and program distribution to entrepreneurs and small business owners in the industry, global undergraduate partner schools with vocational training in beauty disciplines, non-profits, community partners, and government agencies. A supplemental mentorship program for participants, and an annual business growth grant award to a program graduate is also planned for rollout.
This is the 12th and final CGI Annual Meeting. John Hope Bryant is a CGI founding member, and Operation HOPE has spearheaded 18 commitments over the past 11 years. The FITE Entrepreneurship Accelerator Program is one of more than 20 commitments in the “Girls, Women, and the Global Goals” coalition focused on empowering women and girls, announced at this year’s Annual Meeting. Impact of the multi-sectoral coalition partner commitments will represent the investment of more than $70 million to advance women’s economic participation, address violence against women and girls, and promote women’s leadership, and the empowerment of more than 10,000 women entrepreneurs by increasing their access to technology and the ability to leverage it for their businesses.
About Operation HOPE
Since 1992, Operation HOPE has been moving America from civil rights to "silver rights" with the mission of making free enterprise and capitalism work for the underserved. Through its core programs, the nonprofit has provided financial dignity and economic empowerment to over 2.6 million individuals worldwide, and $2 billion in economic activity for the disenfranchised—turning check cashing customers into banking customers, renters into homeowners, small business dreamers into small business owners and minimum wage workers into living wage consumers. Project 5117 is HOPE’s multi-year four-pronged approach to combating economic inequality that aims to improve financial literacy, increase business role models and business internships for youth, and stabilize the American dream by boosting credit scores. Operation HOPE recently received its second consecutive 4-star charity rating for fiscal management and commitment to transparency and accountability by the prestigious non-profit evaluator, Charity Navigator—further establishing it as a best-in-class organization. For more information: www.OperationHOPE.org. Follow Operation HOPE on Facebook and Twitter @OperationHOPE.
Dermalogica® revolutionized the skin care industry when it launched into the marketplace in 1986 with innovative formulations, which excluded common irritants, including SD alcohol, lanolin, mineral oil and artificial colors and fragrances. Co-founder Jane Wurwand developed the products to better support the advanced curriculum she had developed a few years earlier for The International Dermal Institute, which she also co-founded. Wurwand led the company’s growth from an idea to the world’s most-requested professional skin care brand, which is today sold in over 100 countries worldwide. In 2011, Wurwand established FITE (Financial Independence Through Entrepreneurship) Dermalogica’s social impact initiative to support women entrepreneurs around the world start and grow businesses so they can support their families and communities at large. Through FITE, Dermalogica® has helped fund more than 75K microfinance loans for women entrepreneurs in more than 68 countries, and provides vocational training and scholarship programs for woman and girls across the world. Dermalogica® products are made in the USA; the company’s global operations are based in Carson, CA, just south of Los Angeles. To learn more, visit www.dermalogica.com, www.dermalinstitute.com, or www.joinfite.org.
About Clinton Global Initiative
Established in 2005 by President Bill Clinton, the Clinton Global Initiative (CGI), an initiative of the Clinton Foundation, convenes global leaders to create and implement solutions to the world's most pressing challenges. CGI Annual Meetings have brought together 190 sitting and former heads of state, more than 20 Nobel Prize laureates, and hundreds of leading CEOs, heads of foundations and NGOs, major philanthropists, and members of the media. To date, members of the CGI community have made more than 3,500 Commitments to Action, which have improved the lives of over 430 million people in more than 180 countries. For more information, visit clintonglobalinitiative.org and follow us on Twitter @ClintonGlobal and Facebook at facebook.com/clintonglobalinitiative.
About No Ceilings: The Full Participation Project
No Ceilings: The Full Participation Project is an initiative of the Clinton Foundation which aims to advance the full participation of girls and women around the world. Through a data-driven analysis on gender equality, an in-depth conversation series, innovative partnerships, and CGI commitments, No Ceilings builds an evidence-based case to chart the path forward for the full participation of girls and women in the 21st century. For more information, visit www.noceilings.org.
About Vital Voices Global Partnership
Vital Voices Global Partnership invests in women leaders who improve the world. Guided by the belief that women are essential to progress in their communities, it has partnered with leaders from more than 140 countries who advance economic opportunity, increase political and public leadership, and end violence against women. Programs in strategic planning, business, advocacy and communications build critical skills needed for creating transformational change at scale. Through its global platform, women leaders expand their connections and visibility, accelerating shared progress for all. Visit www.vitalvoices.org to learn more.
About WEConnect International
WEConnect International helps women-owned businesses succeed in global value chains. It identifies, educates, registers, and certifies women’s business enterprises based outside the U.S. that are at least 51% owned, managed, and controlled by one or more women, and then connects them with qualified buyers. Visit www.WEConnectInternational.org to learn more.