MISSION:
The Female Entrepreneurs Fund is dedicated to accelerating the growth of United States based female-led startups and small businesses by providing access to capital and advisory resources.
WHY WE NEED THIS:
Every day in the United States, 1,100 new businesses are started by women. That's 401,000 per year on top of the 11,400,000 existing women-owned businesses.
Yet....
Traditional funding vehicles have failed female entrepreneurs. Women receive less than 2.5% of all venture capital dollars and bank loans are only available to established businesses who can provide collateral against the debt.
Female entrepreneurs can be a driver of economic growth for the country but they need capital to launch and grow. Through rigorous screening and ongoing coaching, the Female Entrepreneurs Fund is uniquely qualified to vet and support high-potential female-led businesses who can go on to become job creators and engines of economic growth.
WHO WE SERVE:
Early-stage and growth-stage female-led companies across all industries are eligible to apply to the Female Entrepreneurs Fund.
SUMMARY OF PROGRAMS:
Individual grants start at $25,000 and scale up based on the growth potential of the business. To be eligible for a grant, the entrepreneur must have completed a successful crowdfunding campaign to prove business viability. In addition to funding, Female Entrepreneurs Fund recipients are eligible for access to consistent business coaching, advisors, mentors, and potential board members on an ongoing basis.
Geo-grants start at $100,000, and support a pool of entrepreneurs in a specific region of the United States.
GET INVOLVED:
Be a part of the solution, and contact us to find out how to make a tax-deductible contribution to the fund.
LEGAL STATUS:
The Female Entrepreneurs Fund is a nonprofit organization; it is tax-exempt under Internal Revenue Code section 501(c)(3)