Are you a woman entrepreneur looking to take your business to the next level? The Tory Burch Foundation Fellowship program might be just what you need to fuel your growth and connect with like-minded visionaries.
What is the Tory Burch Fellowship Program?
The Tory Burch Foundation Fellowship is an exclusive opportunity for up to fifty women entrepreneurs across the United States. This year-long program is designed to provide comprehensive support and resources to help early-stage businesses thrive. Here’s what Fellows can expect:
- Digital Education: A full year of online learning to sharpen your business acumen.
- Financial Support: A $5,000 education grant and access to no-interest loans to invest in your growth.
- Networking Opportunities: Join a premier network of founders, instructors, and advisors.
- Mentorship: Participate in the Fellows Lab, an event featuring mentorship from industry leaders.
- Immersive Experience: A trip to New York City for a 3-day workshop, networking, and community-building (subject to CDC guidelines).
Who Can Apply?
The program is open to legal residents of the 50 United States, the District of Columbia, and U.S. Territories. Ideal candidates are women entrepreneurs who:
- Have been in operation for 1-5 years
- Own the largest or equal stake in a business that is majority (51% or more) owned and controlled by women
- Have a solid business plan
- Are ready to take their venture to the next level
How to Apply
Applications for the next cohort are open until November 1, 2024, at 11:59:59 ET. The process is entirely online and free of charge. Here are some key points to remember:
- Ensure your application is complete; incomplete submissions are not considered.
- Only one entrepreneur per business may apply.
- Your business must be registered and operated in the United States or its territories.
- Be prepared to share your business plan. If you don’t have one, use the Foundation’s business plan builder.
Making the Most of the Fellowship
If selected, you’ll have access to a wealth of resources. The $5,000 grant must be used for business education, which can include workshops, conferences, textbooks, and executive coaching. The all-expenses-paid trip to New York City offers a unique opportunity to immerse yourself in a vibrant entrepreneurial ecosystem.
Why Apply?
The Tory Burch Fellowship program is more than just funding; it’s a launchpad for women entrepreneurs to:
- Gain valuable skills and knowledge
- Connect with a supportive community of peers
- Access mentorship from industry leaders
- Elevate their business profile
- Secure financial resources for growth
Don’t miss this chance to be part of a transformative experience that could shape the future of your business. Mark your calendars and prepare your application for the next cycle opening this fall.
For more information and to stay updated on future opportunities, sign up for the Tory Burch Foundation newsletter. Remember, investing in yourself and your business is one of the most powerful steps you can take as an entrepreneur. The Tory Burch Fellowship might just be the catalyst you need to turn your business dreams into reality.
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