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IFundWomen Entrepreneur of the Year (IFWEOY21)

Award to a Female Entrepreneur to Recognize
Outstanding Business Growth and Impact

Agency Type:

Foundation / Corporation

Funding Source:

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IFundWomen (IFW)

Conf. Date:

09/14/21

Deadline Date:

09/20/21

Description:

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Award to a female entrepreneur to recognize outstanding business growth and impact on product markets. In addition to making an equity investment in the prize winner's company, the funding source will afford selected honorees with the opportunity to compete for monetary prizes and coaching assistance. Eligible business categories include health and wellness, STEM, business services, social good, fashion, beauty, food and beverage, and art, media, and entertainment.

IFundWomen Entrepreneur of the Year (IFWEOY21) is IFundWomen's biggest funding program yet that rewards and celebrates extraordinary women entrepreneurs who have proven product-market fit, driven growth, and demonstrated a meaningful impact through their businesses.

All women entrepreneurs are encouraged to apply for the chance to be named the 2021 IFundWomen Entrepreneur of the Year, who will be awarded an equity investment of $100,000. An equity investment is when an individual or a company invests money into a private or a public company to become a shareholder. In this case, IFundWomen, inc. will make a $100,000 investment into the grand prize winner’s company. 

In addition, hundreds of thousands of dollars in monetary grants and coaching scholarships will be deployed to category honorees and runners-up. In October 2021, a group of semifinalists will have the opportunity to present their business during a multi-day live pitch summit in hopes of solidifying their spot as an IFundWomen Entrepreneur of the Year Honoree. 

Cash prizes and coaching memberships will be awarded to the IFundWomen Entrepreneur of the Year and selected Honorees. The winner and honorees will be named across the eight business categories mentioned above.

Program Criteria:

  • Must be solving a compelling problem in an innovative way
  • Must have a strong pitch and story of entrepreneurship
  • Must have a strong digital presence and visual media
  • Must demonstrate meaningful impact, product-market fit and business growth
  • Must be willing to pitch the business in front of an audience as part of the IFWEOY21 program and selection process.

GrantWatch ID#:

GrantWatch ID#: 197200

Estimated Total Program Funding:

$100,000

Number of Grants:

IFundWomen will be awarding one (1) grand prize winner with an equity investment. In addition, hundreds of thousands of dollars in monetary grants and coaching scholarships will be deployed to category honorees and runners-up.

Estimated Size of Grant:

IFundWomen will be awarding one (1) grand prize winner with a $100,000 equity investment in their company.

In addition to the 2021 IFundWomen Entrepreneur of the Year, honorees will be named across eight business categories. Over $100,000 in prizing and coaching memberships will be awarded to the IFundWomen Entrepreneur of the Year and selected Honorees.

Additional Eligibility Criteria:

All women entrepreneurs are encouraged to apply.

If you are an LLC or a C-Corp, you are already eligible to receive equity investment. If you are a sole proprietor, non-profit, general partnership, or an S-Corp, you can simply change how your business is registered and then collect your $100k equity investment prize if you are selected.

To be eligible, businesses:
- Must be based in the United States.
- Must have been in business on or before June 29, 2020.

Pre-proposal Conference:

Join our IFundWomen Entrepreneur of the Year special workshop programming. These workshops were designed specifically to help facilitate your IFWEOY21 application.

- Startup metrics that matter: In your IFWEOY21 application, you'll be asked about your key growth metrics of revenue, customer, web traffic, and social audience. Join this workshop where IFundWomen Senior Product Manager Maya Brooks will give you an overview of tracking platforms and teach you how to calculate these important metrics. Regardless of IFWEOY21, you should always be keeping an eye on these stats for your business.
This worskhop will take place on July 16, 2021 at 1:00 PM EST.
For further information and to RSVP: https://ifundwomen.com/workshops/2021/07/startup-metrics-that-matter

- Business pitch bootcamp: A clearly articulated pitch is the first stop on your startup journey—and is also a key component of your IFWEOY21 application! Join this 90-minute intensive bootcamp where IFundWomen top business pitch coach Alex Brockelman will school you on the formula for a winning pitch, allow you to practice, and more.
This worskhop will take place on August 11, 2021 at 11AM EST.
For further information and to RSVP: https://ifundwomen.com/workshops/2021/08/business-pitch-bootcamp

- The art of the sizzle reel: A high-quality marketing video that tells the story of your business is critical to your business success—and an important part of your IFWEOY21 application. Join IFundWomen Creative Producer Stephen McFadden to learn insider tips and tricks that will help you put your best foot forward in your application video (or in any marketing video for your business).
This worskhop will take place on September 14, 2021 at 12PM EST.
For further information and to RSVP: https://ifundwomen.com/workshops/2021/09/art-of-the-sizzle-reel

Pre-Application Information:

Applications will be accepted through September 20, 2021.

In October 2021, a group of semifinalists will have the opportunity to present their business during a multi-day live pitch summit in hopes of solidifying their spot as an IFundWomen Entrepreneur of the Year Honoree.

The winner of IFundWomen Entrepreneur of the Year will be announced on Friday, November 19, 2021 at the program’s culminating celebration on Women’s Entrepreneurship Day. The event will recognize women entrepreneurs who demonstrate exceptional innovation, impact, and growth. Over $100,000 in prizing and coaching memberships will be awarded to the IFundWomen Entrepreneur of the Year and selected Honorees.

You may only apply to one business category (see Description above).

The IFundWomen Method Crowdfunding eCourse: https://ifundwomen.com/crowdfunding-course-intro
Startup metrics that matter: https://vimeo.com/576181186
Business pitch bootcamp: https://vimeo.com/586786960

Contact Information:

Before starting your grant application, please review the funding source's website listed below for updates/changes/addendums/conferences/LOIs.

To apply online:
https://ifundwomen.typeform.com/to/tH4qW6Mq?_ga=2.97840727.938181116.1625128495-1553064553.1625128495

For questions, email help@ifundwomen.com.

IFundWomen
41 Watchung Plaza #524
Montclair, NJ 07042

URL for Full Text (RFP):

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USA: Alabama;   Alaska;   Arizona;   Arkansas;   California;   Colorado;   Connecticut;   Delaware;   Florida;   Georgia;   Hawaii;   Idaho;   Illinois;   Indiana;   Iowa;   Kansas;   Kentucky;   Louisiana;   Maine;   Maryland;   Massachusetts;   Michigan;   Minnesota;   Mississippi;   Missouri;   Montana;   Nebraska;   Nevada;   New Hampshire;   New Jersey;   New Mexico;   New York City;   New York;   North Carolina;   North Dakota;   Ohio;   Oklahoma;   Oregon;   Pennsylvania;   Rhode Island;   South Carolina;   South Dakota;   Tennessee;   Texas;   Utah;   Vermont;   Virginia;   Washington, DC;   Washington;   West Virginia;   Wisconsin;   Wyoming

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