A Scholarship for Women Who Want to Be the Boss
Look, guys. This is business; nothing personal.
Let’s talk numbers -- just the cold, hard facts.
Did you know… Female founders outperform their male peers?
Have you heard… Female CEOs in the Fortune 1000 drive three times the returns as S&P 500 enterprises run predominantly by men?
Did you know… Only 18 percent of all startups have a female founder and that only 10 percent of Series A startups had a female founder? In fact, of the $114 billion given to these startups, 94 percent of it never sees a female founder.
And did you know… Women-owned businesses added 340,000 new jobs between 2007 and 2015 while men-owned businesses cut 1.2 million?
How about this one… Among the most successful companies, men begin their businesses with six times as much capital as women do.
And have you read… Less than five percent of VC dollars go to women-led businesses?
Well, we have, and we believe them to be true. That’s why we’re eager to offer a scholarship exclusively for women who want to execute on their business ideas.
As a female founder, I want to encourage other young women, who are thinking about starting up a business, to just give it a go. It doesn’t matter if you fail. You will learn so much, and gain so much more experience than starting at the bottom of the ladder at a large corporate. And if you discover that startup life isn’t for you, you’ll still stand out from other applicants when you re-enter the workforce. It’s a win-win!
What I love about startups: Autonomy over your work, being able to influence the direction of a company or product, pulling together resources and working as a team to make something valuable out of nothing.
I also want to encourage more women to get to leadership positions and strive for the C-suite and board-level roles, whether in a startup or multinational corporate. Advice I’d give to young entrepreneurs is to follow your gut and surround yourself with the smartest people you know.“
Here's the nitty gritty
- Who is elegible?
- Any female high-school or college student, who wants to start her own online business.
- How much is the scholarship worth?
- How many scholarships are you giving away?
- Two scholarships per year
- When are the deadlines and award dates?
- Fall Deadline: Sept. 15
- Fall Award Date: Oct. 15
- Spring Deadline: March 15
- Spring Award Date: April 15
- How will I know if I won?
- Either way, win or don‘t win, we‘ll notify all applicants via email on the announcement dates (see above).
Love what you read?! Apply already!
To apply, complete the form below and send us a business plan.