EmpowerHER 2018 Winners:
Every Two Minutes, Erin Rose and Kayla Schindler
Motor City STEAM, Alecia Gabriel, Chinonye Akunne and Deirdre Roberson
Prizes: $7,500 and optional $5,000 investment plus the Idea That Will Change the World (audience vote) $1,000
SignOn, Ashlee Trempus
Prizes: $10,000 and optional $15,000 investment
Mission Throttle Investment/Advisory Services
Women Who Weld - $7,500
Motor City STEAM - $7,500
Belle Capital Investment (consideration)
All non-winners receive $1,000 cash
EmpowerHER, a partnership between Ford Motor Company Fund and Michigan Women’s Foundation, will offer a continuum of programs and services to women (and a few good men) wishing to start or grow Social Venture Enterprises.
A social venture enterprise:
- fundamentally exists to solve a real community problem
- must focus on a product or service people will pay for
- must follow “No Margin, No Mission,” that is, while some profits may be sacrificed to serve the mission, the business must ultimately be sustainable
Concept Paper submission opened on Thursday, September 7 and closed Friday, October 13, 2017. Click on each highlighted category and review the questions to learn more about the different categories;
Ideation: This 1-2 page paper focuses on the creative process of generating, developing and communicating your new ideas. The Ideation phase comprises all stages of a thought cycle from innovation to development to actualization.
Launch: This 2-page paper focuses on bringing the original idea to fruition. There are six very important areas in this stage of bringing your business to market.
Growth: This 2-page concept paper will require that you provides insight into your current business and your strategy to take it to the next level both from a profit and a community impact perspective.
A calendar of the entire EmpowerHER competition timeline is provided by clicking on this link.
For more information contact Meaghan McLaughlin 313-962-1920 or firstname.lastname@example.org