Finimpact
“Embracing Equity” Women’s empowerment business grant
up to $10,000 in funding
We are pleased to announce that the application process for the "Embracing Equity" Women's Empowerment Business Grant is now closed.
The review process is underway, and we will be announcing the winners here.
You can also read some of the inspiring stories of entrepreneurship and resilience that have emerged through this process. Thank you for participating and sharing your journeys with us. Good luck to all applicants!
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Step 1: Complete the application form
Following submission of the form an email containing your specific voting link will be sent to you. The form can be found.
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Step 2: Share on social networks
Share what your business does, a challenge you`ve faced and overcame and the voting link sent to you by email.
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Step 3: Ask your social network to vote
Ask your friends and everyone in your social network to take part in the voting process by clicking on the link you posted.
Why Apply?
The top 3 most voted applicants will receive a portion of the Finimpact Women’s Empowerment Grant.
whyapply
whyapply
Step 1: Complete the Application Form - Registration has ended
Upon completion you will receive your unique voting link.
Step 2: Share on social networks
Share your unique voting link and info about your company
Your unique voting link
Your unique voting link is how people will vote for you. Keep it somewhere safe and easily accessible and share on your social networks.
What to share on your social network:
What your business does.
A challenge you and your business faced and overcame.
Your unique voting link provided after you submitted your application.
Step 3: Ask your network to vote
Ask as many people as your can to vote for you by sharing your unique voting link. The more people you share it with, the more people will vote and the greater your chances of winning.
Tips From the Judges
Build and authentic and persuasive social campaign. Your post should give us a really good look at:
Your identity:
Not only what your business does but also your business culture and social outlook.
What you believe in:
What motivates you and what principles you care about and try to effect.
How the money will help your business:
Provide specific details on how the money will be spent, including facts, figures, and numbers.
Use photos or a video!
Show us your business in a video and in pictures. Keep in mind that it doesn't have to be professional.
Let people know you want their votes!
Build and authentic and persuasive social campaign. Your post should give us a really good look at:
Make several social media postings and let people know about this chance for your company.
Share your specific voting link as far as you can with your customers and followers.
Request likes and shares from your loved ones for your post!
Provide specific details on how the money will be spent, including facts, figures, and numbers.
How do we choose the winners?

Following the conclusion of the grant application & voting session, we will select 10 finalists from among the 100 businesses that received the most votes. If you are chosen as a finalist, you will speak with Finimpact's staff to discuss your business in greater detail. This will offer you one final opportunity to persuade us to choose your company for the $5,000 or $10,000 Small Business Grant.

Who Is Finimpact?

Finimpact’s mission is to provide quick, simple and trustworthy avenues for either current small business owners or those interested in starting a small business in order to acquire the capital they need by consolidating verified and reviewed funding opportunities into one place.

In conjunction with this mission, Finimpact also provides a vast array of informational articles on small business know-how so that everyday individuals may acquire the ability to leverage the financial mechanism to their advantage.

 

What is The Finimpact Embracing Equity Women’s Empowerment Business Grant?

The Finimpact Embracing Equity Women’s Empowerment Grant is an initiative to go a step further with our intended mission of not only providing the necessary informational tools but also to facilitate direct funding to a much deserving demographic of professional women who are under-recognized, often face an unlevel playing field for capital procurement and in some cases, even discriminated against.

 

In Conjunction with International Women’s Day March 8th 2023

This year's theme of the International Women’s Day is a concept called Embracing Equity (#EmbraceEquity). The theme intends to bring to light the fact that it is often not enough to simply provide equal opportunities but to also make the utilization of those opportunities equal as well.

Along this line, Finimpact has recognized that providing the necessary information in a form that is readily digestible may level the opportunity playing field to a certain extent but unless access to funding is also made equal, the utilization of the information misses its effectiveness.

Finimpact’s Embracing Equity Women’s Empowerment Business Grant is a contribution to the Embracing Equity principle of this year’s international women's day event where we are not only leveling the playing field for women regarding information and business know-how but also equity in access to funding through our grant.

 

How Much Is The Finimpact Embracing Equity Women’s Empowerment Business Grant?

Three participating finalists will receive a grant of the following amount:

  • US$ 10,000 grant for the first-place
  • US$ 5,000 grant for the second-place
  • US$ 2,500 grant for the third-place

 

What Are The Application Requirements?

To be considered for the grant, the applicant and their business must meet the following eligibility criteria:

  • Women-run and women-owned impact-driven businesses: 
    • At least one of the business’s founders must be a woman 
    • Or a woman/multiple women must be the largest shareholder(s) of founder equity (not total equity) in the business or own a share at least equal to that of her/their male co-founder(s) 
    • Or own a share at least equal to that of her/their male co-founder(s).
  • The business has fewer than 99 employees (Sole Proprietorships or Individually Owned LLC’s are considered employees.)
  • The applicant must fill one of the main leadership positions, for example:CEO, COO, CTO, General Manager, or Managing Director of the business.
  • The applicant must be at least 18 years of age on the day of the application deadline (April 30, 2023).
  • The Applicant must be an American Citizen. 
  • The Applicant must have a good command of the English language both verbal and written.

 

How To Apply For the Finimpact Embracing Equity Women’s Empowerment Business Grant

  • Fill out the form above
  • Following submission of this form, an email containing your specific voting link will be sent to you. This voting link is essential for step 3.
  • Post the following information on your company's Facebook, Instagram, or LinkedIn page (do not use a story as your submission post; doing so will result in disqualification):
  • #FinimpactGrant4Women and your special voting link that you were sent to your email (or with your link in your Instagram bio) - This crucial step enables our team to see your post.
  • Please State:
    • What your business does (up to 50 words)
    • How you plan to use the prize money (up to 50 words)
  • Share your post to your followers and customers and ask them to vote for your business. Individuals can only vote for a business one time. The post can either be written or a video, though videos are strongly encouraged!

 

How do we choose the winners?

Following the conclusion of the grant application & voting session, 10 finalists selected from among the 100 businesses that received the most votes. If you are chosen as a finalist, you will speak with Finimpact's staff to discuss your business in greater detail. This will offer you one final opportunity to persuade us to choose your company for the $5,000 or $10,000 Small Business Grant.

The team will select and notify the Grand Prize and Runner-Up winners on June 1, 2023.

 

Tips From the Judges

Build an authentic and persuasive social campaign. Your post should provide the following information:

  • Your identity. Let your article reflect your individuality and the personality of your business.
  • The things you do, how long you've done them, and why. The more detail the better! - We want to learn more about your business.
  • Why do you need the money for your business? Be precise about the effect the money will make and how you plan to spend it. Give as much information on the impact it will have on your business in terms of facts, figures, and numbers as you can.
  • Use photos or a video! While words are great, we also enjoy seeing things. Show us your business in a video and in pictures. Also keep in mind that it is not required to be done professionally.

Acquire votes: Tell people to cast their ballots for you!

  • Make several social media postings and let people know about this chance for your company.
  • Share your specific voting link as far as you can with your customers and followers.
  • Request likes and shares from your loved ones for your post!

Frequently Asked Questions(FAQ)

What are the contest dates?

The contest is open for applicants from March 8th 2023 until May 1st 2023. The winner's announcement will be on June 1, 2023.

How will the prize money be presented? 

The winners of the grant will receive their funds through wire transfer directly and in addition, a press opportunity for the benefit of the winners where they will be presented with a large check.

How will the final interview be conducted with the judges?

The final interview will be conducted on a communications platform most convenient for the winners that also has the ability to video conference:  Phone/Skype/Zoom/Google meet. 

Is the Prize money Tax Deductible? 

You should be aware that most likely you will need to report your receipt of the grant on your tax returns. There are exceptions in some cases but you must consult with your tax professional on this matter. 

What if I apply and then wish to withdraw my application? 

All you need to do is to send an email to info@finimpact.com stating your request and we will remove your application and delete from data base any information you provided us.

Who do I contact with any questions I might have?

You can contact us regarding any questions or suggestions you may have by sending an email to womnesgrant@finimpact.com and state clearly on the subject tab of your email the nature of your emails request. 

Grant/prize money must be reported on their tax filing 

As stated above you will most likely need to report your grant to the IRS. We suggest you consult with your tax professional regarding this ro be most certain all obligations are being followed. 

Are there any other opportunities for funding for women owned business? 
How do I tag Finimpact on Facebook?

In order to tag Finimpact, you’ll need to like the Finimpact Facebook page. When you write add your post on your business’s Facebook page, tag Finimapct using “@finimpact” in the body of your post.

Does my Facebook post have to be on my business page?

Yes, please tag Finimpact from your business Facebook page. If you’re nervous about sharing a business challenge with your customers for fear that they’ll think your business is in trouble, you can share a challenge that you’ve already tackled or are actively working on. Be creative!

Legal terms and conditions of the program

(Please print out a copy of this agreement for your records)

Section 1. Agreement

By submitting content to Finimpact, I accept and agree to the terms and conditions of Finimpact's Legitify Your Small Business Grant Contest Agreement (the "Program"). I acknowledge that my submission does not automatically make me eligible for the Program, and that my eligibility will be determined by Finimpact. I also acknowledge that this Agreement governs my participation in the Program, once I am deemed eligible.

Section 2. Program

To apply for the Program, participants must write a post on their business's Facebook, Instagram, or LinkedIn account, including their unique voting link, #FinimpactGrant4Women, and explaining:

  • What your business does (up to 50 words)
  • How you plan to use the prize money (up to 50 words)

Winners will be selected by Finimpact's editorial team from among the 100 entrants who receive the most votes via their unique voting links. However, receiving the most votes does not guarantee that a participant will be selected as a winner.

By submitting content, I acknowledge that Finimpact may use it in accordance with their general terms and conditions, and that I grant Finimpact an irrevocable license to use the content. I also acknowledge that the Program is not sponsored, endorsed, or administered by, or associated with, Facebook, Instagram, or LinkedIn, and I release them from any claim or liability related to my participation in the Program.

Section 3. Restrictions

(a) Participants must provide a valid email address during the Finimpact account creation process, and their participation in the Program constitutes their permission for Finimpact to use the email address to communicate with them.

(b) Participants must be 18 years of age or older and have a U.S.-based billing address.

(c) Participants acknowledge and agree that their Finimpact information and data may be used in accordance with Finimpact's general terms and conditions.

Section 4. Term of Program

The Program will remain in effect until the application deadline of April 30th, 2023. Finimpact reserves the right to modify the application period, alter or modify the Program or this Agreement, or suspend or terminate the Program or this Agreement at any time for any reason, through notice on Finimpact.com or otherwise. If a participant is later determined not to be eligible for the Program after being notified that they were eligible, their participation in the Program will be terminated.

Section 5. Controlling Law and Severability

This Agreement shall be governed by and construed in accordance with the laws of the state of Israel, without reference to its conflicts of law provisions. If for any reason a court of competent jurisdiction finds any provision of this Agreement, or a portion thereof, to be unenforceable, that provision shall be enforced to the maximum extent permissible so as to effect the intent of the parties, and the remainder of this Agreement shall remain in full force and effect. This Agreement is subject to all federal, state, and local laws and regulations and is void where prohibited by law.

Section 6. Indemnification

By participating in the Program, each participant agrees to indemnify and hold Finimpact and its parent, affiliate, and subsidiary companies harmless from any liability, damages, losses, or injury resulting from the participant's participation in the Program or the acceptance, use, or misuse of any prize that may be won. All federal, state, and local taxes associated with the receipt or use of any prize is solely the responsibility of the winner.

Section 7. Complete Agreement

This Agreement constitutes the entire agreement with respect to the Program and supersedes any prior or contemporaneous understandings, representations, statements, or agreements, written or oral. No amendment to, modification of, or waiver of any provision of this Agreement will be binding on Finimpact without written consent, which must be identified as an amendment, modification, or waiver.