What’s in a (prime 100) checklist? The Empower 100, Startups 100 and past
The monetary pressure skilled by underrepresented founders arises from numerous elements.
Deep-rooted systemic inequalities, biases, and an absence of numerous networks have traditionally deprived ladies, ethnic minorities, and disabled entrepreneurs.
These people encounter difficulties in securing the required capital to scale their companies, perpetuating a cycle of restricted development alternatives and lowered entry to assets.
With out enough funding, underrepresented founders battle to develop strong development methods, improve their management abilities, and grow to be investment-ready, additional widening the monetary hole.
Highlighting these indexes, awards and lists is one essential step in emboldening traditionally under-appreciated enterprise founders and giving them their time within the highlight.
Each the Empower 100 and our personal Startups 100 current alternatives for underrepresented founders. For instance, let’s check out how each awards have completely different eligibility necessities and the way every would possibly work to your benefit.
Eligibility
To apply for Empower 100, it’s essential to:
- Be a founder from Higher London
- Have an annual turnover of not less than £50,000
- Make use of two or extra people, and
- Have been working for at least 18 months.
To apply for the Startups 100, it’s essential to:
- Be a founder from the UK
- Have a enterprise that was based after January 2018
- Be ready to speak us by any of the next elements:
- 💰 Finance (how a lot funding have you ever raised and thru what technique?)
- 🏆 Exterior validation (any vital achievements eg. notable companions or shoppers?)
- 📏 Measurement of alternative (what ambitions do you’ve when it comes to scale-up?)
- 💪 Power of idea (is your thought distinctive?)
- 💡 Innovation (how is your thought disrupting the market?)
- We even have the next specialised award classes:
- 🤗 Social Impression: for startups placing goal forward of revenue
- 🌿 Sustainability: for startups prioritising the atmosphere of their mission
- 👑 Distinctive founder: for the entrepreneur who has turned their very own private struggles or challenges right into a drive for good.
Learn our skilled information for extra useful recommendation on 5 prime tricks to enhance your Startups 100 entry.
Functions for each the Empower 100 and Startups 100 are open now.
The impression
Lola Cawood was one enterprise proprietor who was lucky sufficient to have been eligible for each experiences. She accomplished the Empower 100 in 2022 as co-founder of Tiwani Heritage, then additionally grew to become a Startups 100 alumni in 2023. She notes:
“This system[s] enhanced my understanding of enterprise and the funding course of by interactions with consultants and profitable manufacturers which have gone by comparable journeys. I entered, uncertain of what to anticipate however emerged feeling extra assured, geared up, and able to scale my enterprise. Your complete studying expertise is priceless!”
Eleanor Howie, founding father of Valiant Lingerie expresses her gratitude for the Empower 100 too, stating:
“Collective Impression surpassed my expectations. Not solely did I profit from informative periods with consultants, however constructing relationships with different entrepreneurs has been an entire game-changer.”
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