Sara Blakely Is Giving $5 Million To Support Female-Run Small Businesses

  • 📰 ForbesWomen
  • ⏱ Reading Time:
  • 48 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 51%

United States Headlines News

United States Latest News,United States Headlines

Sara Blakely, the CEO and founder of the shapewear brand Spanx, announced today that she is giving $5 million to support female-run small businesses during the coronavirus pandemic

.

“My hope is that this gift will help alleviate some of the pressures caused by this horrible pandemic. I know first hand what it’s like to be a small business owner. As a woman it can be lonely and scary, especially during a time like this. Small business is the backbone of our culture and I want to help,” sheGlobalGiving will be overseeing the Red Backpack Fund, making 1,000 grants of $5,000 each to female entrepreneurs in the U.S.

In addition to the financial gift, each woman will receive her own “lucky” red backpack and the online education platform MasterClass is giving all of the women a free annual All-Access Pass to their classes, including Blakely’s entrepreneurship class. “My hope is that with this funding and mentorship, you’ll find support and comfort during this time. It’s been my greater mission in life to empower and elevate women, and when you help a woman fulfill her potential…magic happens,” Blakely wrote.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

GoodNews for femaleentrepreneurs! Many thanks to Sara Blakely and the her SPANX Foundation team! RedBackpackFund COVID19 Kidness WomenSupportingWomen

NRFnews Only if you have employees and payroll taxes. toosmall sisterpreneurs

latfas Now that’s really “support! Garments

👏🏾

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 477. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Companies Tied To W.Va. Governor To Pay $5 Million In Mining ViolationsCoal mining companies owned by West Virginia Gov. Jim Justice and his family have agreed to pay the government more than $5 million in delinquent mine safety fines, the Justice Department says. Finally got around to it or got caught by media spotlight ? Thank you NPR and press How is it that these companies 'agree' to pay these fines, while I'd get my license suspended if I was late paying a traffic ticket? Stop mining, is it still the 1800s?
Source: NPR - 🏆 96. / 63 Read more »

Billionaire Governor Agrees To Pay Feds $5 Million For Coal Mine ViolationsBillionaire Governor Jim Justice has agreed to pay feds $5 million for coal mine violations Why a glorious state like WV elect such a crook as governor. The power of money, perhaps? Tech The same state whose covid numbers are allegedly low? More likely false numbers, until it's too late. WELL YOU SHOULD IF YOU DID SOMETHING WRONG
Source: Forbes - 🏆 394. / 53 Read more »

27 New April Pieces From H&M, Starting at Just $5Our first online stop for affordable pieces? H&M, duh. The on-trend retailer is a dream for fashion girls hunting down springy pieces. Right now, the site
Source: POPSUGARFashion - 🏆 28. / 68 Read more »

Rihanna's Foundation Just Donated $5 Million to the COVID-19 Response EffortsRihanna's foundation, Clara Lionel, is donating $5 million to coronavirus relief efforts, per the foundation's website.
Source: ELLE Magazine (US) - 🏆 472. / 51 Read more »

COVID-19 Relief for Women-Owned Businesses on IFundWomenIFundWomen is a startup funding platform supporting women entrepreneurs through COVID-19 providing access to capital through crowdfunding, small business grants, expert startup coaching, and a community of female business owners.
Source: Women 2.0 - 🏆 149. / 63 Read more »

Google's misinformation lead talks pandemic fact-checking - Business InsiderGoogle is giving $6.5 million to support fact-checking organizations fighting misinformation around the coronavirus. A challenge when one of the chief sources of consistent misinformation is the current president. 🤔😒🤷🏾‍♂️ Chief of MisInformation. Hmm...
Source: BusinessInsider - 🏆 729. / 51 Read more »