Women-Led Social Enterprise Pitch Competition Returns to Motor City for Its 5th Anniversary
DETROIT, September 6, 2023 /PRNewswire/ — 1863 Companiesan independent, Black-led national venture capital and business development accelerator, and Fund of the Ford automobile companythe philanthropic arm of Ford Motor Company, is delighted to announce the HI-HERImpact pitch competitiona shark tank-style social entrepreneurship pitch competition, returns to its roots in Detroit for his 5th Birthday on Thursday September 28, 2023.
The competition awarded grants totaling more than $300,000 to various social enterprises led by women and based in Detroit, Miami, Washington, D.C. And Kansas City since its inception in 2018. Past winners were invited to compete again, commemorating the past five years of growth and support for women entrepreneurs working to solve problems within their communities.
Among the 24 past winners, five finalists were selected to present their business as part of the HI-HERImpact anniversary competition for a chance to win a grand prize of $50,000. Spanning a wide range of sectors, including consumer products, healthcare, services and technology, this year’s competition features a dynamic lineup of competitors:
- Alecia Gabriel, based in Detroit is the innovator of The laboratory drawer which aims to ensure that young people from disadvantaged communities have access to STEM education
- Anastasia Mikhalochkina, founder of Lean Orb Co.. In Miamioffers sustainable solutions to combat single-use plastics through compostable food packaging.
- Arion Longsituated at Washington, D.C. is the creator of the organic menstrual care brand, Feminine.
- Brittany Rhodesfounder of Black Girl MATHgic in Detroitoffers a monthly subscription box that encourages confidence in math.
- Lisa Raganrepresentative Kansas City created a brand of hypoallergenic snacks, Delicious and safe.
“HI-HERImpact celebrates the unwavering spirit of women entrepreneurs who are driving positive change in their communities,” says Founder of 1863 Ventures, Melissa Bradley. “This event is a testament to the power of innovation and collaboration, showcasing the incredible ideas and solutions that arise when diverse voices are given the platform they deserve. We are thrilled to come together with Ford Motor Company Fund and our partners to mark five years. to support and empower women-led social enterprises.
This year’s event will be held in collaboration with Newlab @ Michigan Central, an ecosystem supporting local communities. Detroit startups and entrepreneurs to develop their activities. The HI-HERImpact event will be open to the public and provide a platform to network, learn and be inspired. In addition to the competition, 1863 Ventures will host an engaging panel discussion on the importance of social entrepreneurship with business leaders from around the world. Detroit area. The event will also feature a vendor showcase of local women-owned businesses for guests to explore and shop.
The winners will be determined by a distinguished jury who will award prizes $50,000 for first place, $25,000 for second place and $15,000 for third place. To add to the excitement, this year’s competition will also include a People’s Choice winner to be determined by both in-person participants and those tuning in via the 1863 Ventures live stream on Youtube. This winner will receive a $5,000 grant for their business needs.
To register for the HI-HERImpact Pitch Competition event, please visit https://lu.ma/99kmiwki. For more information about 1863 Ventures, please visit https://www.1863ventures.net.
About 1863 Companies
1863 Ventures is a leader in providing culturally competent accelerator programs, non-dilutive financing, and mentorship to Black, Latino, and other historically underappreciated entrepreneurs. By meeting the unique needs of this demographic, 1863 Ventures helps entrepreneurs turn high-potential business ideas into profitable, high-growth businesses that generate jobs and wealth for their communities. Learn more about 1863ventures.net.
About the Ford Motor Company Fund
As the global philanthropic arm of Ford Motor Company, Ford Fund focuses on providing access to essential services, education for the future of work, and entrepreneurship opportunities for under-resourced and underrepresented communities. Ford Fund partnerships and programs are designed to meet the unique needs of the community, ensuring people have equitable opportunities to advance. Leveraging Ford’s scale, resources and expertise in mobility, the Ford Fund generates significant impact through grantmaking, Ford Resource and Engagement Centers and employee volunteerism. For more information, visit fordfund.org or join us at @FordFund on Facebook, Instagram And Twitter.
SOURCE 1863 Companies
