Are you a woman with a business plan that needs funding? We know lots of our members have side hustles and ventures on the back burner, waiting for that financial lifeline to get started. So Eyedea is proud to introduce the UK arm of SheEO, a platform aimed at women funding women’s ventures. Our fabulous former speaker and founder of Lifetise, Caroline Hughes, has signed up to be an Activator in the UK. You can get in touch with her to find out more at caroline@lifetise.com, and sign up here to join the UK SheEO community. Over to SheEO for more information:
Hi! SheEO women-funding-women is launching in the UK and we would love you to join us
SheEO is a global community of radically generous women transforming the way we fund, support and celebrate female entrepreneurs. All explained in this 2-minute video.
We are looking for women in the UK to join as Activators or Ventures:
>> Sign up here <<
Activators:
- An Activator is a woman who contributes $1100 as an act of Radical Generosity. That money is pooled and loaned out in the form of 0%-interest loans to women-led Ventures which the Activators help select.
- SheEO Ventures have a 100% repayment rate on the loans and triple-digit revenue growth on average
- Beyond contributing to the fund, as an Activator you also:
- participate in two rounds of online voting to select the SheEO Ventures
- join SheEO’s online community where Activators and Ventures ask for help and offer support
- attend locally organized Activator meet-ups and our annual SheEO Summit
Ventures:
Five Ventures get selected to receive the pooled loan, so if you would like to be considered as a venture, please sign up.
To be eligible to apply for funding as a SheEO Venture, your business needs to be:
- majority women-owned (51%+) and women led (CEO / president)
- have $50k – $2m in revenue
- registered in the UK
- solving one of the UN’s sustainable development goals
Since launching in 2015, 4000 women in Canada, the US, New Zealand and Australia have collectively loaned out $4M to support 53 women-led companies. As the money is paid back, it is loaned out again to support more women-led Ventures. Watch our How it Works video to learn more.
The post Are you a SheEO? Introducing a new platform for women funding women appeared first on Eyedea - Female Millennials Network.