Philip Morris International Announces $5M Investment In WBDC

STAMFORD, CT — Stamford-based Philip Morris International (PMI) this week announced the launch of an extended partnership via its U.S. business to support female empowerment with a record-setting $5 million investment in the Women’s Business Development Council (WBDC).

The WBDC, which is also in Stamford, is a 501(c)(3) charitable organization dedicated to providing tools and resources to help women entrepreneurs thrive in business throughout Connecticut.

Beginning January 2025, in coordination with WBDC, PMI’s U.S. business will contribute $1 million per year over five years toward the “Women’s Economic Empowerment Initiative” (WEEI) to help remove barriers that prevent women from full participation in Connecticut’s entrepreneurial ecosystem.