Women in tech and women in startups are quickly becoming a big thing across the country. Everywhereelse.co The Startup Conference, is featuring a panel called “Kick Ass Female Founders From Everywhere Else”. Women’s entrepreneurial initiatives are popping up all over the place as well, like Memphis’ Upstart Memphis. Even young women are seeing more opportunities with things like Black Girls Code.
In Cleveland Ohio, Bad Girl Ventures is offering an educational series targeted to women and the opportunity to win a $25,000 low interest business loan. While some may gawk at the word “loan”, if you’ve been through the fundraising process, loans can actually be a better way to get early stage funding rather than giving up equity that can prove costly down the road.
Bad Girl Ventures, based in Cleveland, is taking applications for their next educational session, through next week. The application deadline is January 31st.
Bad Girl Ventures is a micro-lending organization that selects 10 entrepreneurs to participate in a nine week business course every spring and fall at no charge. The course offers mentorship, and curriculum which includes how to run a business, create a business plan, pitch and more. It’s put on in conjunction with Cleveland State University and CSU students, faculty and alumni serve as mentors, coaches and facilitators.
“Past participants say networking is one of the most valuable takeaways from the course,” said Reka Barabas, Director of Bad Girl Ventures Cleveland said in a statement. “In addition to education and possibly funding, our participants walk away with a business plan and 50 to 100-plus connections. This helps prepare them for growth whether they’re awarded the loan or not.”
“We select women entrepreneurs across a range of industries who demonstrate strong leadership capabilities,” said Barabas. “We encourage all applicants to research their business ideas and share details about the target audience, competitive edge and likelihood for success of their products/services.”
Women owned startups less than five years old are eligible to win the $25,000 low interest loan and free tuition for the course, although anyone is able to register for the course at $35 a session and $225 for the entire course.
Bad Girl Ventures has helped over 200 entrepreneurs and facilitated $115,000 in loans since 2011.
For more info visit badgirlventures.com