The Cartier Women’s Initiative is an annual international entrepreneurship programme that aims to drive change by empowering women to impact entrepreneurs. Founded in 2006, the programme is open to women-run and women-owned businesses from any country and sector that aim to have a strong and sustainable social and/or environmental impact.
Every year, the Regional Awards recognise 21 talented women impact entrepreneurs who are leveraging business as a force for good. These women hail from seven regions across the globe: Latin America & the Caribbean, North America, Europe, Sub-Saharan Africa, Middle East & North Africa, East Asia and South Asia & Oceania. Three finalists are selected per region during the first round of evaluation and one laureate is selected per region during the second round of evaluation.
FINANCIAL CAPITAL SUPPORT
- US$ 100,000 grant for each of the 7 laureates (top business from each region)
- US$ 30,000 grant for each of the 14 finalists (2nd and 3rd runner-up businesses from each region).
- The Cartier Women’s Initiative is looking for women-run and women-owned impact-driven businesses. Entrepreneurs across all sectors and from around the world are encouraged to apply.
To be considered for the Regional Awards, the applicant’s business must meet the following eligibility criteria:
- For-profit: the business should be designed to generate sufficient revenues to support its operations and return some level of profit to its owners. Non-profit enterprises are not accepted.
- Early-stage: the business should have a proven business model and be in the initial phase of its development and growth (between 1 and 5 years of licensed/registered operations). For the 2021 edition, we are looking for businesses that have been incorporated between August 2015 and August 2019. Moreover, we are focused on companies that are majority-owned by founders and employees at the time of application.
- Revenue generation: the business should currently be generating revenue from the sales of its products and/or services for at least 1 year as of the date of application. It is understood that a business that is generating revenue is not necessarily profitable in its first years of operations.
- Fundraising: the business should not have raised more than US$2 million in dilutive funding. The Regional Awards cap the funds raised in order to ensure that the businesses selected fall within a similar range of development.
DEADLINE: July 31 2020
To apply and for more information visit here