Funding brief: Since 2006, the Cartier Women’s Initiative has supported 219 female entrepreneurs worldwide. Each year, 21 finalists representing 7 regions (Latin America & the Caribbean, North America, Europe, Sub-Saharan Africa, Middle East & North Africa, East Asia and South Asia & Oceania) are selected during the first round of the competition. These finalists are then invited to attend the Awards week (exact location still TBC) during which the second round of the competition takes place. After the final jury evaluation, 7 laureates, one for each region, are announced on stage during the Awards ceremony.
Donor Name: Cartier Women’s Initiative
Funding name: No specific fund name
Deadline: August, 14th, 2019 2pm Paris time (CEST)
Funding details link: Click to view
Funding limit: The 21 finalists, representing the top 3 businesses from each of the 7 regions, will receive:
● One-to-one personalized business coaching prior to the Awards week
● A series of business coaching workshops and networking sessions during the Awards week
● Media visibility for the finalists and their businesses in the months leading up to the Awards week and interview opportunities with local & international press during the Awards week
Prize Money: The 7 laureates (1 from each region) will receive:
● US$ 100 000 in prize money
The 14 finalists (the two runners-up from each region) will receive:
● US$ 30 000 in prize money
Awards Package: In addition to the prize money, all 21 finalists will be awarded:
● A scholarship to attend the six-day INSEAD Social Entrepreneurship Executive Education Programme (pending admission to the programme based on eligibility criteria and selection process)
● Ongoing support for the further growth and development of their business
Special Notes: Please contact with the donor directly for further clarification and understanding.
Project start date: Not Found
Project duration: Not Found
Eligible organization: As below
● They accept applications from businesses that are headed by several cofounders. However, the business can be represented by a woman only. She must hold the main leadership position within the company, either in the capacity of General Manager, Director or CEO and must own significant stake in the business. If a business is led by two or more female cofounders, only one of the cofounders can represent the business during the Cartier Women’s Initiative programme.
● They accept only early-stage businesses that have been registered as independent companies and are not affiliated in any way with an established corporation or a similar women’s initiative program.
● Your project must be an original business creation, wholly conceived by the team; a completely new concept, meaning it cannot be a buy-back, off-shoot, or a subsidiary of an existing concept.
● You may apply for the Cartier Women’s Initiative programme as an individual. In the application form, fill in only the part on the lead entrant. Please note that your business needs to have been operational for at least one year and generating revenue to be eligible.
● You may apply as long as you hold the main leadership position within the company, either in the capacity of CEO, General Manager or Director. You must also own significant stake in the business and be able to provide proof. You will be asked to share an up-to-date capitalization table with your application form. A capitalization table (or cap table) is a table providing an analysis of a company’s percentages of ownership, equity dilution, and value of equity in each round of investment by founders, investors, and other owners. Please note that if your role in the venture is limited; your project will automatically be rejected.
Eligible Country: Latin America & the Caribbean, North America, Europe, Sub-Saharan Africa, Middle East & North Africa, East Asia and South Asia & Oceania
Submission mail: Not found
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