The VdU is the only trade association specifically for women entrepreneurs in Germany. Founded in 1954 by 31 women entrepreneurs, today 1,600 women are organized in 16 state and even more regional groups in Germany. The women entrepreneurs within the VdU generate an annual turnover of about 85 billion euros and employ round about 500.000 people. In its role as a critical observer of politics on both local and federal level, the important aims of the association are to influence the opinions and resolutions of the political decision makers, to act as a lobbying instrument representing the interests of women entrepreneurs and to ensure that the professional competencies of women entrepreneurs are fed into the economic policy processes.