Ladies Who Launch, a nonprofit with a mission to empower women entrepreneurs, opens applications for the “LAUNCH PROGRAM“. This program supports women and non-binary-led businesses in the U.S. impacted by Covid-19. Eligible participants of the LAUNCH PROGRAM will receive:
- Immediate cash grants determined by business need
- Advisory support
- Company amplification
Applications are now open until April 11th, 2021 at www.ladieswholaunch.org/launch-program.
LAUNCH PROGAM insights
The LAUNCH PROGRAM creates a space for women-led businesses to access a community and receive the capital they desperately need to operate their businesses. Based on initial data from the first round of applications:
- 40 percent of businesses received no financial support to offset the impact of Covid-19
- 41-60 percent revenue drop in the first quarter alone
This demonstrates a growing need for capital assistance. A full summary of the insights and takeaways from the first-round applicants can be found here.
LAUNCH PROGRAM benefits
Recipients will benefit from financial support and be part of a six-month cohort. This cohort is dedicated to helping women pivot, innovate, sustain and grow their business. Selected recipients will receive the following:
- Advisory services with category specialists
- Mentorship support from the LWL team and access to invite-only Ladies Who Launch online community
- Inclusion and amplification across LWL programming
Ladies Who Launch has been able to expand this program for a second year due to the support from LWL partner White House Black Market, an organization dedicated to helping women find success and deeply committed to empowering women entrepreneurs. Further, Le Grand Courtage, a woman-led company that suffered losses due to the pandemic joined forces to support other women business owners who have struggled over the last year.
“I personally know how difficult it can be for female entrepreneurs and the data continue to show the unique challenges women face,” said Tawnya Falkner, founder of Le Grand Courtage. “By teaming up with similarly minded partners like Ladies Who Launch, and pooling our financial resources, intellectual capital, and networking communities, we will be able to provide meaningful immediate and long-term support.”
Eligible women business owners can apply to the Launch Program today through April 11th, 2021 at www.ladieswholaunch.org/launch-program.
About Ladies Who Launch
Ladies Who Launch empowers women entrepreneurs to thrive by providing access to educational resources and capital programs that inspire them to launch and build their businesses.