One of the founder members should be involved in the management and should have good knowledge of business analysis and industry management, to say the least. Read more. She previously worked as an associate producer and a researcher for CNN. The Fearless Fund Strivers Grant contest offers $10,000 small business grants to Black female business owners across the country. Entrant, by participating in the Contest, except where legally prohibited, grants permission for Sponsor and its designees to use his/her name, address (city and state), photograph, voice and/or other likeness and prize information for advertising, trade and promotional purposes without further compensation, in all media now known or hereafter discovered, worldwide in perpetuity, without notice or review or approval. Sponsor reserves the right to request from Entrant at any time proof that Entrant maintains all necessary rights in their Entry in order to grant Sponsor the rights required herein in a form acceptable to Sponsor. 2023 F6S Network Limited. Step 5: Lastly, Fill in the form and wait for your turn. Submissions close November 7, 2020. The Fearless Fund announces the Fearless Pitch competition for women of color business owners. ATLANTA--(BUSINESS WIRE)--The Fearless Fund announces the Fearless Pitch competition for women of color business owners. People's choice award of $1,000. General Partner co-founders entrepreneur Arian Simone, actress Keshia Knight Pulliam, and global leadership executive Ayana Parsons organized the Fearless Fund to invest capital into the businesses of minority female entrepreneurs. The firm is managed by three general partners: Arian Simone, Keshia Knight Pulliam, and Ayana Parsons. Sponsor's designated servers are official time clock for this Contest. 4. Ability to scale rapidly and achieve strong returns for investors: We generally prefer to see 3-5 year projections with scalability in excess of $20 million (minimum). Our mission is to bridge the gap in venture capital funding for women of color founders . January 27, 2021. 364 views, 4 likes, 6 loves, 2 comments, 1 shares, Facebook Watch Videos from Fearless Fund: The Fearless Pitch competition for beauty #entrepreneurs. Further, only 0.34 percent of that funding went to Black women founders specifically, amounting to $494 million just a $10 million lead on what Black women raised in all of 2020. The concept leverages the buoyancy of Sargassum, reducing capital costs from infrastructure, labor, and seeding normally associated with seaweed farming. He creates a connection that transcends through food, people, memories and generations. Check out our resource portal to accelerate your companys growth or find alternative sources of funding. Event Provider: Fearless Fund. Annika Sorenstam has redefined the golf industry, not only through her play but also with her contributions off the green. The Sponsor reserves the right to void all entries made through any robotic, automatic, mechanical, programmed or similar entry duplication method and to disqualify any individual using such a method. Fearless Fund is built by women of color for women of color. Its mission is to bridge the gap in venture capital funding for. We see our investment as a partnership with our entrepreneurs and appreciate those who communicate effectively with their investors. The promotion period begins on or about 12:00:00 PM Eastern Time (ET) on 2/10/22 and ends on or before 11:59:59 PM ET on 12/31/22 (the Promotion Period). During the first half of 2021, a record-breaking $147 billion in venture dollars was invested in U.S. startups. ENTRY ERRORS/TAMPERING: Released Parties are not responsible for late, lost, stolen, illegible, incomplete, misdirected, delayed, garbled, damaged, inaccurate or undelivered emails, Entries, theft, destruction or unauthorized access to, or alteration of Contest Data, defect/delay in transmission or communication, including, but not limited to, recording failures, or for telephonic, human or computer failures, problems or errors, interruptions in service leveraged to create an Entry, whether due to system upgrades, repairs, modifications or other causes, defect or delay in transmission, connections, satellite, network, cable, Internet Service Provider (ISP), phones, phone lines or telephone systems, recording/filming systems, electronic equipment, computer hardware or software failures, inaccurate Entry information, traffic congestion on the internet, technical or mechanical malfunctions, or other malfunctions, errors or delays, whether caused by equipment, programming, human error, acts of God or otherwise relating to or in connection with the Contest, including, without limitation, errors which may occur in connection with the administration of the Contest, the processing of Entries, Contest Data processing, the tabulation of judging points, the announcement of the prize and winner, the cancellation or postponement of the Contest, for any injury or damage to participants or any other persons computer or other device relating to or resulting from participation in this Contest, or for printing, typographical, human or other errors appearing in these Official Rules, in any Contest advertisements or other materials. Please stay tuned to . Open to black women who are legal U.S. residents (including DC), 18+ and the principal owner of a U.S.-based small business. Look for events where you can practice your pitch, like the NEF Pitch Pit competition. In the event that any provision of the Official Rules is determined to be invalid or otherwise unenforceable or illegal, the other provisions will remain in effect and will be construed in accordance with their terms as if the invalid or illegal provision were not contained herein. Unless the Entrant and Sponsor mutually agree otherwise, the arbitrator may not consolidate more than one persons claims and may not otherwise preside over any form of a representative or class proceeding. When Woodruff didnt hear her name called for an award, she was disappointed. Headings are solely for convenience of reference and will not be deemed to affect in any manner the meaning or intent of the documents or any provision hereof. Monthly Entry Periods: 2/10/22 12/31/22. Fearless Fund. As Woodruff raises her pre-seed round, she will be entering the small percentage of Black women who get VC funding. A Marketplace featuring WOC small businesses. Any non-winning Entries received for any Entry Period will not roll-over or be included in subsequent Entry Periods. LEARN MORE. WMF Startup Competition 2023. Fearless Fund Size 00000 Vintage 2019 Dry Powder 00000 General Information Description The Fearless Fund is an early stage venture capital fund managed by Fearless Fund. All Entries must meet the Entry Requirements set forth below. Your business employed 15 or less in 2021. Venue: Atlanta, GA 30313 United States, Global. Get Venture Ready Pitch Competition . We offer grant programs for businesses, educational entrepreneurial programs and college scholarships. Failure to provide such proof may lead to, among other things, the Entrant being disqualified from the Contest. Investor Status. But then Arian Simone, General Partner and Co-Founder of the Fearless Fund, told Woodruff that they didnt want to give her an award they wanted to invest instead. The fact that is more brutal is that only 1% of the funding went to women of color in business. Proof that you entered the Contest does not constitute evidence of receipt by Sponsor within the required deadline. We're giving away a $50,000 Grant to the. Sponsor, Administrator and affiliated entities are not responsible for lost, misdirected, misplaced, stolen, tampered with, deleted, or invalid Entries. Other universities have tried to duplicate SEVF, seeking the "special sauce" of the Stanford Engineering Venture Fund. Dont miss your chance! Fearless fam, if you weren't in the building for The Fearless VC Summit 2022-- you absolutely missed out! Entries that contain or otherwise infringe on any third-party names, trademarks, music, identities, copyrighted material, and/or other material subject to third party rights are prohibited. For information regarding Sponsors privacy practices, please visit https://www.fearless.fund/policy. Entrants must maintain the ability to assign all such rights to Sponsor free of any limitations, restrictions or third-party obligations. Must have a strong business model along 5-year Pro-forma. Noncompliance with any of the foregoing, failure to respond within the designated timeframe, the inability to contact a potential winner within a reasonable time period, or any notification being returned as undeliverable may result in disqualification and, at Sponsors discretion and time permitting, a runner-up being chosen. | Site by one20ninety. She embraces the passion and entrepreneurial spirit of her career becoming a prominent figure in the health and wellness space. The travel industry is rebounding after the pandemic decimated it. Entries whose work includes the names, images, or likenesses of third parties or contains elements not owned by the participant (such as, but not limited to, depictions of persons, landmarks, trademarks or logos) must be able to provide legal releases for such use including Released Parties use of such Entry, in a form satisfactory to Sponsor, upon request. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. 2nd place award of $10,000. Inventures Startup Pitch Event. Fearless Fund considers investments in early-stage, high growth ventures that meet the following criteria: Woman of color-led: At least one woman of color co-founder with significant equity in the company.. The Fearless Fund has announced the Fearless Pitch competition for women of color business owners. Fearless Fund is investigating the potential to artificially . Subject to these Official Rules and except where otherwise prohibited by law, all winning Entries are deemed to be assigned to Sponsor and will not be returned. III. Step 1: To apply, you need to first visit the site www.fearless.fund and click on the apply tab. Unclaimed prizes will be forfeited. If prize award is in conflict with small business policy or not feasible after Sponsors good faith effort to obtain verifiable small business principal owner contact details, prize will be forfeited and, at Sponsors discretion and time permitting, a runner-up may be selected. The company is now raising its pre-seed round, with a goal of $2 million by the end of the quarter. The only way were going to scale is if we have support and some backing, Woodruff said. The fund operates in a space where Black venture capitalists, especially Black women, are vastly underrepresented. This annual startup pitch competition is hosted by the Science, Industry, and Business Library (SIBL) of the New York Public Library (NYPL) and Citi Foundation. The course helps you create a strong backbone to make and accelerate other parts of your business seamlessly. This day will consist of multiple rounds of pitches across CPG (Consumer Package Goods) and Tech companies co-founded/founded by women-of-color entrepreneurs. Black women have been overlooked for opportunities and the investments needed to scale their business for far too long, says Fearless Fund co-founder Arian Simone. Click the Apply Now button below and enter for the chance to win. Earth's global population is on course to grow to 8.6 billion in 2030, 9.7 billion in 2050 and 11.2 billion by 2100. The average investment is between $250,000 and $500,000 and they target five to 10 percent equity. FYI- @fearless.fund The Family Business Pitch Competition [SHARE] Do you have a family owned business? Known for its commitment to grooming high performing early-stage minority-owned businesses, the Fearless Pitch will host a series of industry diverse categories with its November showcase dedicated to founders in the beauty industry. Fearless Fund invests in women of color-led businesses seeking pre-seed, seed level, or series A financing. The Fearless Fund is the first fund led by women of color for women of color. By participating, Entrants agree: 1) to be bound by these Official Rules; 2) agree that Released Parties, and each of their respective agents, successors, assigns and other designees, shall have the right and permission (unless prohibited by law) to use Entrants name, business name, photograph, city/state of residence, likeness, statements, biographical information, voice and/or prize information for any and all public relations, advertising, promotional purposes and/or any forms of media and by all manners (now and hereafter known), worldwide, including the Internet, in perpetuity, without notice, consent, review or approval or further compensation, except where prohibited by law; and (3) Released Parties shall have no liability and Entrant will defend, indemnify, release and hold harmless Sponsor and the other Released Parties from and against any liability, loss, injury or damage of any kind (including attorneys fees) to any person or entity, including, without limitation, personal injury, death or damage to personal or real property, due in whole or in part, directly or indirectly, by reason of: (i) Entrants entry/participation in the Contest; (ii) any materials he or she may submit in connection herewith; (iii) the acceptance, possession, use or misuse of a prize or participation in any activities associated with the Contest or any prize awarded in connection herewith; (iv) the Released Parties violation of rights of publicity or privacy, claims of defamation or portrayal in a false light or based on any claim of infringement of intellectual property; and (v) any typographical, human or other error in the printing, offering, selection, operation or announcement of any Contest activity and/or prize. WITHOUT LIMITATION, THIS CONTRACT INCLUDES INDEMNITIES TO THE RELEASED PARTIES FROM YOU AND A LIMITATION OF YOUR RIGHTS AND REMEDIES. For the Fearless Fund, Travelsist joins a portfolio that includes companies like Slutty Vegan, Capway and Streamlytics. Each Entrant acknowledges that Entries are not being submitted in confidence or in trust to Sponsor and that no confidential or fiduciary relationship is intended or created. Fearless Fund is built by women of color for women of. How to Apply for Love Island 2023 Application in UK? For all social media postings of Entries made by Sponsor and/or Released Parties, posting of such content is for entertainment purposes only and does not relate to winner selection. VC Summit 2023 TICKETS . Prize winners are required to comply with any and all applicable federal, state and local laws, and for any other fees or costs associated with the prize she receives. Sponsor, and each of its successors, assigns and licensees, will have the right to make unlimited derivative works of Entries, to assign or transfer any or all of Sponsors granted rights and to grant unlimited, multiple-level sublicenses. Coaching Calls 1 Post I. By submitting an Entry, you agree that: (i) the Entry does not violate any law or regulation or any right of any third party, including those laws, regulations, and rights related to copyrights, trademarks, publicity, or privacy, (ii) you have the right to grant the rights to the Entry as provided in these Official Rules, (iii) the Entry has not been published or submitted in any other competition; (iv) the Entry is your original work; (v) the Entry has not won previous awards; (vi) you have obtained permission from any person whose name or likeness is used in the Entry; and (vii) that publication of the Entry via various media, including, without limitation, social posting, will not infringe on the rights of any third party. Don't fit our criteria or not ready to apply? More than one is as good as it can get. The Fearless team assists the health of our systems while producing economically viable and sustainable biomass. Entrant acknowledges that Sponsor and/or Released Parties have no obligation to use or post any Entry that she submits. ; Entries cannot communicate messages inconsistent with the positive images and/or goodwill to which Released Parties associate; and. Morgan DeBaunFounder and CEO of Blavity Inc. Morgan DeBaun is a serial entrepreneur and corporate advisor. It is a 12-month long training that teaches you all the basic amenities required to maintain a large-scale business and earn a considerable amount of profit keeping in mind quality over quantity. It also prefers deals with many investors and founders rather than a business that has a sole mother in business. Entrants acknowledge that as a condition of participating in the Contest and/or being selected as a winner, Sponsor may request that the Entrants Entry, and any rights therein, be assigned to Sponsor and Entrants may be required to confirm such assignment by completing and submitting the Prize Acceptance Documents (defined below) (and any other documents reasonably required by Sponsor) or such Entrant will otherwise be disqualified from receiving his/her prize(s). Internet Explorer presents a security risk. All rights reserved. Jaclyn Johnson Founder of Create & Cultivate. And a pitch competition investing $1,000,000 to 3 . XI. In 2020, 398 million people flew through U.S. airports, down from more than one billion the year before, according to the Bureau of Transportation Statistics. Tracy Gray is currently the Founder and has made this venture possible. F6S is a registered trademark. Author Trajectory Startup. Its mission is to bridge the gap in venture capital funding for women of color founders building scalable, growth aggressive companies. Investment Size & Ownership: Our initial investment will be no larger than $3M and we seek at least 10% ownership of portfolio companies. The stage of investment is Pre-Seed to Series A Rounds of funding. 1st place: @drflavapharmd 2nd place: @ontherocksjams Fearless Fund invests in women of color-led businesses seeking pre-seed, seed level, or series A financing. The firm invests in women of color led companies. ThePlug is a registered trademark. Founded in 2018, Fearless Fund is a venture capital firm based in Atlanta, Georgia. The UN has recognized this need and established 17 Sustainable Development Goals (http://www.undp.org/content/undp/en/home/sustainable-development-goals.html). The investment came as a surprise for Veronica Woodruff, flight attendant turned CEO and founder of Travelsist. Released Parties make no warranty, guaranty or representation of any kind concerning any prize (or any portion thereof), and disclaim any implied warranty. HOW TO ENTER THE PROMOTION PERIOD: Visit fearless.fund/strivers (the Website) during the Promotion Period and follow the instructions provided to complete and submit the entry form. Pro tip: Have your business pitch written out so you can simply copy and paste it in. Startups will compete for a chance to win an equity investment of $100,000 from the Fearless Fund. JJ has garnered countless awards due to his diligent efforts for the food industry including a James Beard Award Winner for Best Author among many others. We're investing $1 MILLION DOLLARS into WOC businesses during The Fearless Fund VC . Year Founded. VII. The Fearless Fund announces the Fearless Pitch competition for women of color business owners. Please read through the following investment criteria before seeking capital from our group. Entrants agree that during the Promotion Period, they shall not make, and shall not permit, any other public use, display or distribution of their Entry, and they shall maintain all rights without encumbrances so that, if Sponsor desires, Entrants can assign all rights in and to their Entry if selected as a winner. V. WINNER NOTIFICATION: Potential winners will be determined approximately ten (10) business days following the completion of the applicable Entry Period and then notified within ten (10) business days by Administrator by telephone and/or email. For Fearless Pitch complete eligibility rules or to apply, visit www.fearless.fund. The Contest is void in U.S. territories, including Guam, Puerto Rico and where prohibited by law. If information changes on your end, we suggest you submit a new form (we'll connect the dots between your previous and current submission as long as it's under the same email). | Site by one20ninety, https://www.mastercard.us/en-us/business/overview/grow-your-business/digital-curriculum.html. Fearless Fund is developing a process that transforms the carbon dioxide into macroalgae biomass. Jaclyn Johnson is a venture capitalist, entrepreneur (2x exits), bestselling author, and host of a top business podcast who is redefining the meaning of work for a new generation of women. IF ARBITRATION IS CHOSEN BY ANY PARTY WITH RESPECT TO A CLAIM, NEITHER PARTY WILL HAVE THE RIGHT TO LITIGATE THAT CLAIM IN COURT OR HAVE A JURY TRIAL ON THAT CLAIM. | Site by one20ninety. Fearless Fund is deepening its commitment to this community with the launch of the contest. The stage of investment is Pre-Seed to Series A Rounds of funding. . The submitted entry form, inclusive of all required business information, business-related questions and five (5) essay questions, will collectively be referred to as an Entry hereafter. For the second consecutive year, ESSENCE and Pine-Sol partnered to award a Black woman entrepreneur $100,000 for her business and 6 months of business coaching . It took a Black woman to step out and have faith and say, We want to back you, Woodruff told The Plug. Entrant acknowledges that, by acceptance of their Entry, Released Parties do not waive any rights to use similar or related ideas previously known to Released Parties, or developed by its employees, or obtained from sources other than Entrant. Woodruff is planning to hire developers as the company builds its tech stack. How to Apply for Build-A-Bear Job Application [2023], Apply for Pinterest Creator Fund application [2023]. that can be seen in Entries must be created solely by the Entrant or Entrant must be the sole owner of all copyright interests therein; Entries cannot contain trademarks owned by others, or advertise or promote any brand or product of any kind, or contain any personal identifiable information, such as personal names, email addresses, etc. Enter for the Fearless Pitch competition investing $ 1,000,000 to 3 out and have and... In venture dollars was invested in U.S. territories, including Guam, Puerto and... A $ 50,000 Grant to the Fund announces the Fearless Fund announces the Fearless Fund is built by of! Million dollars into WOC businesses during the first Fund led by women of color founders by general. Or be included in subsequent Entry Periods launch of the funding went to women of color for women of business! 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