Initially based to offer quick reduction within the wake of COVID-19, now in its third yr, the Program continues to assist girls and non-binary enterprise homeowners to beat boundaries to scaling and sustainability. In the present day, 85% of small companies report caring with inflation, with 1 in 3 itemizing it as their greatest problem. Excessive inflation results in larger prices, which leads to tighter revenue margins. To successfully handle, founders should think about a wide range of options from elevating costs to decreasing overhead.1
To broaden and deepen assist, LWL has doubled the dimensions of its participant cohort. This yr’s 20 chosen grant recipients make up Girls Who Launch’s largest, most numerous cohort thus far. These people will profit from the next:
- $200,000 in whole money grants ($10,000 per recipient)
- Excessive-quality, tailor-made instructional sources
- Advisory companies with class specialists
- Mentorship assist from the Girls Who Launch crew
- Program-facilitated peer mentorship with present and former grantees
- Entry and assist to use for WBENC certification
- Inclusion and amplification throughout LWL programming and partnerships
To be taught extra in regards to the 20 recipients and their companies, in addition to our Alumni, please go to [www.ladieswholaunch.org]
“In three years, Girls Who Launch has supplied practically $500,000 in small enterprise grants to girls and non-binary enterprise homeowners and entrepreneurs, and we’re simply getting began,” mentioned Sarah Friar, Co-Founder, Girls Who Launch. “We all know that funding and financing proceed to be the only greatest barrier to girls and non-binary entrepreneurs trying to scale their companies. By means of thoughtfully curated training, assist, and funding, we’re in a position to present sensible pathways to capital, uplift our group, and assist these enterprise homeowners understand they aren’t on this entrepreneurial journey alone.” mentioned Kelly McGonigle, Girls Who Launch Co-Founder.
The continued progress of LWL’s Launch Grant Program is feasible because of the beneficiant assist of our companions, together with Ann Taylor, The Dwelling Depot, Pure Leaf, United Airways, Le Grand Courtage, and Athletic Brewing.
About Girls Who Launch
Girls Who Launch (LWL) celebrates, elevates, and empowers girls and non-binary small enterprise homeowners and entrepreneurs throughout small cities and large cities globally. We deal with 4 pillars: Inspiration, Schooling, Funding, and Neighborhood to assist in giving entrepreneurs the motivation, sources, and connections to scale and maintain the companies of their desires. For extra data, go to www.ladieswholaunch.org, and comply with LWL on LinkedIn, Instagram, Fb, and Twitter.
1 Forbes. The Impression of Inflation on Small Companies and Learn how to Handle It, Might 25, 2022. https://www.forbes.com/websites/forbesfinancecouncil/2022/05/25/the-impact-of-inflation-on-small-businesses-and-how-to-manage-it/?sh=2f479c78ae41
SOURCE Girls Who Launch