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Grant for Female-Founded Businesses
MAKING AN IMPACT ON THE FUTURE OF PARENTS, FAMILIES & CHILDREN.
The Female Founder Collective Inc., in partnership with Boss Beauties Foundation, is honored to announce a $10,000 grant opportunity for female-founded businesses making an impact on the future of parents, families, and children.
The Pandemic simply highlighted much of what was already known: the gender inequities in maternal health, family care, and childhood education all have grave impacts on not just women, but they’re cyclical. Without much-needed support, mothers will unravel – and so too will their families. Fewer babies will be born, mental health issues among kids and adults will continue their steep incline, and money will dry up as earning potential diminishes due to lack of flexibility.
The big, silver lining of it all? Founders, female founders, are not accepting the status quo. Instead, they’re coming up with solutions for maternal health and wellness, family care, parental employment support, ed-tech programs, preemptive tests for mental health issues, and new frameworks for the family operating system at home. The world is changing quickly, but female founders are keeping pace.
In celebration of Boss Beauties partnership with Barbie and the impact that they’re making for girls of the future, we’re funding one business that supports the mothers, and the families of the future, so that kids will reshape the world to be one we all are proud and thrilled, to live in.
The Why
Mothers face numerous physical, mental, and socioeconomic obstacles when it comes to having children.
- Statistics show that in 2021, there were about 33 maternal deaths for every 100,000 live births. The last time the government recorded a rate that high was 1964 (New York Times).
- On top of that, maternal mental health conditions, such as anxiety, perinatal and postpartum depression, and birth-related PTSD, are the most common complications of pregnancy and childbirth, affecting 1 in 5 women. Among those affected, 75% go untreated (American Hospital Association).
Now let’s look at the family unit and the challenges and expenses related to childcare and children’s mental health.
- According to a report by ReadyNation, insufficient care for children under 3 depletes the country of $122 billion each year in lost earnings, productivity, and revenue
- According to the U.S. Department of Health and Human Services, 1 in 5 U.S. children ages 3–17 has a mental, emotional, behavioral, or developmental disorder.
- Mothers are getting hit particularly hard in the workforce, according to the State of Motherhood Report 18% of moms changed jobs or left the workforce in the past year. Of those, 28% said they did so to be home with young kids, but 15% are staying home due to a lack of childcare.
Amidst these obstacles, female founders are refusing to accept the status quo. They are actively developing solutions to address maternal health and wellness, family care, parental employment support, ed-tech programs, and innovative frameworks for the family operating system at home. The world is rapidly changing, and female founders are at the forefront, keeping pace with the evolving landscape.
By supporting mothers and families, we’re supporting a better future for everyone.
Eligibility Requirements
- Applicant business must be legally registered, located, and operating within the US
- Applicant must demonstrate quantifiable impact in solutions for mothers, children, and/or families
- Applicant must be the verified founder of the business
- Applicant must be 18 years of age or older
- Applicant business must be service or product based
Grant Award
- $10,000 Grant Prize
- Exclusive one-year free access to The 10th House, our membership platform for meaningful connections and highly vetted resources
- One-on-one mentorship session with Rebecca Minkoff, Co-Founder of The Female Founder Collective & Founder of Rebecca Minkoff
- One-on-one mentorship session with Lisa Mayer, Co-Founder and CEO of Boss Beauties.
- 10 hours of marketing support from the Boss Beauties team over the course of 1 calendar year
- The winner will be announced on June 30th
The recipient of the grand prize will be responsible for the tax implications of the winnings. FFC Foundation payments may be considered by the IRS as ordinary income to the individual receiving the grant; please discuss this with your tax advisor.
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