Female Creators Alliance is launching a program to assist ladies entrepreneurs land early-stage startup investments, utilizing input from female founders to create a brand-new effort to close the gender space in angel and venture financing.The. program, called
All set Set Raise, is a month-long pitching and fundraising effort slated for September, including three weeks of remote virtual workshops, followed by a complete week in Seattle, building up to a Demonstration Day with participation from dozens of angel financiers and investor. The program will accept up to 12 start-ups from throughout North America.Ready Set Raise
will" match creators with champions, live pitch centers, legal therapy, communications coaching, settlements prep, and more," writes Seattle business owner a post announcing the program and opening applications Wednesday early morning. "In this manner, you do not need to uproot your family for 3 entire months like you would in standard accelerator programs. Rather, simply think of it as going to the very best (and funnest!) camp for female startup founders."
In another departure from the conventional model, Feinzaig wrote that Female Creators Alliance will not take equity from business participating in the program. She tells potential applicants in the post, it will ask for "an alternative to participate in your Prepared Set Raise fundraising success."
Particularly, Female Creators Alliance prepares to request for a warrant to invest in each company. Warrants typically offer the holder the right to buy stock at a repaired cost. Feinzaig declined to offer more info but said information will be shown business selected for the program.
The application cost for the program is $200, discounted to $150. Those picked will be charged program charges of $750 per guest, or up to $1,500 if they need lodgings while in Seattle. Up to two people from each company can take part. One has to be a female founder.Feinzaig said there are
no instant strategies by Female Creators Alliance to raise a fund."Our present model is subscription,"she described by means of email." Just like any business, we regularly assess opportunities that make sense for the company and its members."Another twist is childcare. Female Creators Alliance will work with partners to offer childcare for one child per business during business hours for the week in Seattle, and subsidized child care for extra kids and investors.With the new effort, Female Creators Alliance signs up with a growing list of accelerators, incubators and bootcamp developed to assist females land start-up financial investments. Other programs created to assist female-led start-ups include Women's Startup Lab and Female Founders Fund and the Seattle-based Sybilla Masters Fund. Based in Seattle, Female Founders Alliance is a social purpose corporation, intending to assist women succeed in introducing and running start-ups. Female Founders Alliance has grown to more than 250 members because releasing last year. Of the 94 members who signed up with the program in 2017, 36 closed a funding round, 8 secured alternative financing, and 15 were confessed to accelerators, Feinzaig said. We've discovered from member information that female founders are routinely used suggestions, but what they actually require is action-based help like recommendations, offers, investment, and media coverage."Our focus is to empower female founders to be more effective, quicker,"she
, Serena Glover and Dennis Joyce; in addition toinvestor consisting of Julie Sandler of Pioneer Square Labs, Jason Stoffer of Maveron, and Maria Karaivanova of Madrona Venture Group, Feinzaig stated. It's also protecting involvement from investors elsewhere including New York-based Chloe Capital, Portland-based Females's Venture Capital Fund, and
Silicon-Valley based Urban Development Fund, she stated. It prepares to announce more over the next two months.