Bayat Foundation Awards 2010 Empowering Women Grant to the Business Council for Peace (BPeace)

PONTE VEDRA BEACH, Fla., Nov. 3, 2010 /PRNewswire-USNewswire/ -- The Bayat Foundation announced a 2010 Bayat Foundation Empowering Women Grant in the amount of US$10,000 to the Business Council for Peace (BPeace) to support the Mazar Fast Runner Initiative, focusing on nurturing Afghan women business owners who are creating jobs for others.

One of three inaugural 2010 Bayat Foundation Empowering Women Grants, these funds will help to provide female Afghan entrepreneurs in the city of Mazar-i-Sharif with the skills needed to start or expand businesses, create significant employment opportunities and expand economic development.  Consulting and coaching, including help gaining access to markets and capital, will be provided by BPeace volunteers.

BPeace is an international network of business professionals who volunteer to help entrepreneurs in conflict-affected countries expand their businesses, create jobs and build peaceful ventures and cultures within their communities.

At this point, 28 Afghan women in the BPeace program have already created 1,328 jobs that support 9,419 family members.  More than 755 of their employees are women who work from home and would otherwise have no source of income.  In operation since 2004, BPeace previously received three grants from the U.S. Department of State.

Bayat Foundation Chairman Ehsan Bayat and President and Executive Director Fatema Laya Bayat issued a statement saying, "We share a common vision with BPeace CEO Toni Maloney who believes that creating jobs is a necessary step towards peace, and believe that it is vital that women are empowered in the process."

About the Bayat Foundation

Since 2005, the Bayat Foundation, led by Ehsan and Fatema Bayat, has contributed to over 200 projects to improve the quality of life for the youth, women, poor, and elderly of Afghanistan by constructing new facilities and infrastructure; and by promoting health, education, economic and cultural programs. The U.S.-based Bayat Foundation 501c(3), www.bayatfoundation.org, promotes the well-being of the Afghan people.  In 2002, Ehsan Bayat also launched Afghan Wireless Communication Company, www.afghan-wireless.com, the first GSM wireless service and Internet Service Provider in Afghanistan; followed by the 2005 launch of Ariana Radio and Television Network (ATN), www.arianatelevision.com, which includes Ariana Radio (FM 93.5).  For more information, please email [email protected].

CONTACT: Edgar Mueller, +1-904-686-1470, [email protected]

SOURCE Bayat Foundation

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