EmpowerHER offers up to $50K in Prizes

By Amanda Lewan on September 26th, 2017 / Comments

EmpowerHER, a partnership between Ford Motor Company Fund and Michigan Women’s Foundation, will offer a continuum of programs and services to women 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 opens on Thursday, September 7 and closes on Friday, October 6, 2017. To determine which category may be right for you, please click on each highlighted category and review the questions;

Ideation: This 1-2 page paper will focus 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 will focus 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 provide insight into your current business and your strategy to take it to the next level both from a profit and a community impact perspective.

Top finalists will have the opportunity to pitch for up to $50,000 in prizes. Learn more about this resource here: http://miwf.org/events1/empowerher.

About the Author

Amanda Lewan

Amanda Lewan

Editor @michipreneur. Co-founder Bamboo Detroit. Follow me @Amanda_Jenn. I love telling the story of entrepreneurs and innovators.