Women entrepreneurs, creators, and innovators are encouraged to applly for the JLNO Women Entrepeneur Fellowship. The winner of the WE Fellowship Pitch Competition will receive a $5,000 cash grant, business coaching and evaluation, mentoring and support services from JLNO, and more!
Donor Name: Junior League of New Orleans
State: Louisiana
City: New Orleans
Type of Grant: Fellowship
Deadline: 02/28/2023
Size of the Grant: $5,000
Details:
The WE Fellowship Committee reviews the submissions and selects up to six finalists. Each finalist will meet with a growth consulting firm to craft a 10-minute pitch. A judging panel selects the Fellow, and JLNO members develop a plan to secure in-League mentors and resources. Their WE Fellows have scaled their businesses, increasing staff, revenue, and industry recognition, and the finalists have gained knowledge, connections, and exposure through the pitch process.
The WE Fellowship goes beyond giving financial support to a small business. It aligns with the Junior League mission tenet to “develop the potential of women” by offering mentoring, training, and support. The program is innovative, specific, and impactful. Most importantly, WE Fellowship emphasizes the unique capacity women have for creative endeavors and perseverance, providing examples to which women and girls can aspire.
Fellowship Components
- Mentoring and support services from Junior League of New Orleans Members
- $5,000 cash grant provided by Fidelity Bank
- 1 page spread in The Scout Guide New Orleans Volume 11
- Access to meeting space in Uptown New Orleans (not to be used as retail space; a value of $350)
- Tuition to JLNO’s Get on Board nonprofit board training program (a $250 value)
- Business coaching and evaluation by Trepwise consulting
- Feature in Lagniappe, JLNO’s quarterly magazine to 5,000 readers
- Opportunities to market to JLNO members
- One year of membership dues (a $220 value) should the WE Fellow meet eligibility criteria and elects to join JLNO; meeting the membership curriculum and subsequent membership renewals would be the fellow’s responsibility.
Eligibility Criteria
- The business-owner should be a woman who is
- The majority stakeholder in the enterprise or 50/50 with a spouse/partner and functions as its daily manager
- Aged 21 years and older
- A legal resident of the United States
- The business can be in any industry and should
- Have been formed under U.S. law and is currently operating within 40 miles of New Orleans, Louisiana
- Have between 1 year minimum and 5 year maximum of continuous operations
- Be an established business generating annual revenues greater than $0 and less than $750,000
- The business must be in good standing at the time of the application submission and shall upload a screenshot confirming the Secretary of State filing.
- The following are not eligible:
- Nonprofit organizations
- Subsidiary or franchise businesses
- The WE Fellow should represent the same personal and professional commitments as the Junior League, namely it embraces diversity, equity, and inclusion, and reaches out to all women who demonstrate an interest in improving their community.
For more information, visit JLNO.
