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Investing in Women and Girls

Discussing the sustainable economic development of Puerto Rico

By Angelique Sina and Mark L. Madrid

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The sustainable economic development of Puerto Rico has been a topic of constant discussion, not only among the island’s leaders but also within the diaspora across the United States. On September 25, 2024 the Gold Room of the Rayburn House Office Building served as the venue for the successful conclusion of the Capitol Hill Summit sponsored by the Congressional Hispanic Caucus (CHC). The power of mentorship and women's critical role in shaping Puerto Rico's future took center stage. Assistant Secretary Carmen Cantor and former Ambassador to Micronesia shared her inspiring journey during a fireside chat that highlighted the importance of investing in women and girls as essential components of economic development. As we seek to foster a more prosperous Puerto Rico, replicating this empowerment and leadership development model is imperative.

Carmen Cantor’s story is a testament to the impact of mentorship and the opportunities that arise when young girls are encouraged to dream big. Growing up, she participated in extracurricular activities, including being a Girl Scout—a formative experience that instilled in her the values of leadership, community service, and resilience. Her journey exemplifies how nurturing young talent can yield significant returns for communities, especially in a place like Puerto Rico, which has faced numerous challenges in recent years.

During her tenure as Ambassador to Micronesia, Cantor recognized the need for leadership opportunities for young women and girls. She established a Girl Scouts chapter in Micronesia, demonstrating her commitment to empowering the next generation. This initiative provided girls with the skills and confidence needed to become leaders in their own right. As we consider Puerto Rico's path to economic recovery, it is clear that we need to invest in similar programs that inspire young women to become leaders in their communities. The importance of investing in women and girls cannot be overstated. Studies have consistently shown that when women are empowered, entire communities receive benefits. Investing in female education, health, and entrepreneurship leads to economic growth, reduced poverty, and improved family welfare.

The Friends of Puerto Rico’s SEEDS program serves as a shining example of this principle in action, having already impacted over 40,000 individuals since its inception. SEEDS focuses on cultivating young entrepreneurs by giving them the essential skills and knowledge to thrive in today’s economy. These young leaders are not just the future; they are the present, and their success will impact Puerto Rico’s economic environment. By expanding initiatives like SEEDS, we can ensure that women and girls are at the forefront of Puerto Rico's economic transformation. One of the most moving moments of the event was the participation of students from the SEEDS program at the Flor de Loto Montessori School in Ponce. These young people shared their success stories in entrepreneurial projects, which have not only taught them business skills but also helped them develop resilience and a passion for building a better future for themselves and for Puerto Rico. The presence of these students also highlighted the commitment of the current U.S. Secretary of Education, Miguel Cardona, who expressed his support for educational initiatives that promote access to opportunities. Former United States Small Business Administration head official Mark L. Madrid, who led the SBA office that supported millions of U.S. small business, introduced Secretary Cardona in a moving tribute.

In our pursuit of a sustainable economic future, we must also prioritize intergenerational mentorship. The bonds formed between mentors and mentees can unlock potential that may otherwise go untapped. The sharing of knowledge and experience is invaluable, especially for young women navigating their career paths. As Cantor eloquently stated during the Summit, “When we lift each other up, we all rise.” This ethos should guide our efforts as we work to create a more equitable society.

Another of the most poignant moments at the Summit was the recognition of the current efforts to create pathways for women in leadership roles. Celebrating the achievements of trailblazers like Carmen Cantor reinforces the message that women can—and should—lead in all areas, including public service, business, and community development. These examples are critical in shaping a new narrative around women's leadership in Puerto Rico.

Moreover, we must ensure that the conversation around economic development includes diverse voices and perspectives. Women's contributions have often been overlooked in traditional economic models. By elevating women and girls, we can harness a wealth of talent that will contribute to a robust and inclusive economy. As we push forward, initiatives aimed at empowering women should be integral to any economic strategy. Investing in women and girls is not merely a moral imperative; it is a strategic necessity. In the wake of recent natural disasters and economic challenges, Puerto Rico requires innovative solutions that tap into the full potential of its population.

As we reflect on the discussions at the Capitol Hill Summit, it is evident that the journey to economic recovery will be defined by our commitment to investing in the future—particularly the futures of women and girls. By encouraging environments where young female leaders can thrive, we are planting the seeds for a more resilient Puerto Rico. To achieve this vision, we must engage stakeholders from all sectors, including government, non-profits, and private organizations, to collaborate on initiatives that support female empowerment. The Friends of Puerto Rico is well-positioned to lead this charge, continuing its impactful work with programs like SEEDS and advocating for policies that prioritize women's leadership and mentorship.

In conclusion, the time to invest in women and girls is now. The stories shared at the Capitol Hill Summit remind us of the incredible potential that lies within our youth. By harnessing that potential through targeted investments and mentorship programs, we can pave the way for a brighter economic future for Puerto Rico—one that is inclusive, equitable, and full of opportunity. The journey toward transformation is underway, and with every step we take to uplift women and girls, we are ensuring that Puerto Rico's best days are still ahead. It is time to keep growing.


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