Empowering women isn’t just the right thing to do – it’s the smart thing to do. ~President Barack Obama
The FundRiseHERTM 1:10:50 Vision
FundRiseHERTM is being hosted on pitchandchoose.com, a Caribbean crowdfunding platform, and aspires to raise US$ l million for a collective of campaigns launched in at least 10 participating Caribbean countries to create grant funds to support growing the businesses of 50 women entrepreneurs.
Each participating country will launch their own FundRiseHERTM campaign to fund grants, valued between $10,000 to $25,000, that will be administered to the women entrepreneurs who apply to the program. 20% of each grant will fund expert support provided by the FundRiseHERTM country affiliates, and 80% will be available to directly fund expenditures related to the growth agenda of the successful grantee.
The grant process will be subject to the independent oversight of our governing partners Commonwealth BusinessWomen’s Network and Caribbean Export Development Agency.
FundRiseHERTM is a great initiative in using the Crowdfunding mechanism and in particular for this case where it is to support women entrepreneurs, which I think is a great way of driving economic growth and prosperity. I must admit that women are far more frugal and better entrepreneurs than men, and they deserve to be funded. ~Prime Minister of Jamaica, the Honorable Andrew Holness