Ladies Who Launch (LWL) is a nonprofit organization with a mission to empower women and non-binary business owners through its Launch Grant Program. Said program is a six-month cohort-based initiative. It helps entrepreneurs grow and sustain the businesses of their dreams in a supportive, close-knit community.
LWL founds the program in 2019, to provide immediate relief during the pandemic. Now in its third year, it continues to support business owners to overcome barriers to scaling and sustainability.
Today, 85 percent of small businesses report being concerned with inflation, with one in three listing it as their biggest challenge. High inflation leads to higher costs, which results in tighter profit margins. To effectively manage, founders must consider various solutions from raising prices to reducing overhead.
Ladies Who Launch 2022’s business grants recipients
This year’s 20 selected grant recipients make up LWL’s largest, most diverse cohort to date, which has doubled in size. Recipients benefit from:
- $200,000 in total cash grants ($10,000 per recipient).
- High-quality, tailored educational resources.
- Advisory services with category specialists.
- Mentorship support from the Ladies Who Launch team.
- Program-facilitated peer mentorship with current and former grantees.
- Access and support to apply for WBENC certification.
- Inclusion and amplification across LWL programming and partnerships.
To learn more about the 20 recipients, their businesses, and our Alumni, please visit www.ladieswholaunch.org
Growth of the program
Ladies Who Launch Grant Program continues growing thanks to the support of their partners. This includes Ann Taylor, The Home Depot, Pure Leaf, United Airlines, Le Grand Courtage, and Athletic Brewing.
“In three years, Ladies Who Launch has provided nearly $500,000 in small business grants to women and non-binary business owners and entrepreneurs, and we are just getting started,” said Sarah Friar, Co-Founder of LWL.
“We know funding and financing continue to be the biggest barrier to women and non-binary entrepreneurs looking to scale their businesses. Through thoughtfully curated education, support, and funding, we’re able to provide practical pathways to capital, uplift our community, and help these business owners realize they are not on this entrepreneurial journey alone”, said Kelly McGonigle, LWL Co-Founder.
LWL focuses on four pillars: Inspiration, Education, Funding, and Community. For more information, visit www.ladieswholaunch.org.