Hawaiʻi FoundHer Uplifting Women Entrepreneurs Program

The Hawaiʻi FoundHer is currently accepting applications for its Uplifting Women Entrepreneurs Program, which aims to support women-led businesses in Hawaii. This program provides financial assistance and resources to help women entrepreneurs grow their businesses. The grant offers up to $20,000 in non-dilutive funding, along with a $4,000 family-care stipend to assist with caregiving responsibilities. The program is designed to empower women entrepreneurs by providing them with the necessary tools and support to succeed in their ventures. The primary purpose of the Uplifting Women Entrepreneurs Program is to address the funding gap that women entrepreneurs often face. The program seeks to provide financial resources that can help seed business growth while also offering educational and mentorship opportunities. The objectives include fostering a supportive community, enhancing business skills through education, and facilitating networking among participants. Funding from the program can be utilized for various business-related expenses, including operational costs, marketing, and other growth initiatives. The family-care stipend is intended to alleviate some of the burdens associated with caregiving, allowing entrepreneurs to focus more on their business development. The program also includes comprehensive virtual education sessions covering essential topics such as value propositions, marketing strategies, and fundraising techniques. Eligibility for the program is primarily focused on women-led businesses, specifically those where at least 51% of the ownership is held by women who identify as Native Hawaiian, Pacific Islander, or of Asian descent. The businesses must be based in Hawaii and in the early stages of operation, typically with around three years of experience. The program is open to for-profit organizations, including LLCs and corporations, that align with the program's values of community, sustainability, and mutual responsibility. Applicants must meet several submission requirements, including active participation in educational sessions and in-person events, dedicating at least 15 hours per week to implementing learned topics, and maintaining regular communication with assigned mentors. Participants are also required to complete monthly and quarterly surveys to track their progress throughout the program. The evaluation criteria for the program will consider the business's proof of concept, alignment with the program's values, and the commitment of the founders to engage fully in the program activities. The program is set to run for a duration of six months, with a deadline for applications on September 30, 2024. For those interested in applying, it is essential to prepare the necessary documentation and ensure that all eligibility criteria are met. The program offers a unique opportunity for women entrepreneurs in Hawaii to gain access to funding, education, and a supportive network, which can significantly enhance their chances of success in the competitive business landscape. For more information, potential applicants can visit the Hawaiʻi FoundHer website.