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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

 

Competition Details: 

Concept Paper submission opened on Thursday, September 7 and closed Friday, October 13. 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 mmclaughlin@miwf.org