Stacy's Rise Challenge Provides Grants to Female Entrepreneurs
Katherine Pendrill — November 20, 2019 — Social Good
References: stacysrise.helloalice & refinery29
Stacy's Pita Chips launched Stacy's Rise Challenge to help support and inspire female entrepreneurs in the food and beverage space.
Stacy's Rise Challenge was created in partnership with Alice, which is an online resource for female entrepreneurs. The program was created to fill a gap in the support for female founders in the US. Stacy's Pita Chips itself is a female-founded business and the brand wanted to find a way to support other women—especially those in the food and beverage space. Thus, Stacy's Rise Challenge provides $200,000 in grant funding to help women grow their food or beverage-focused businesses. Five female entrepreneurs will receive a $20,000 funding prize, with one of those women winning an additional $100,000 grand prize award. Beyond grant funding, Stacy’s Rise Project also offers mentorship and community.
Image Credit: Stacy's Rise Challenge.
Stacy's Rise Challenge was created in partnership with Alice, which is an online resource for female entrepreneurs. The program was created to fill a gap in the support for female founders in the US. Stacy's Pita Chips itself is a female-founded business and the brand wanted to find a way to support other women—especially those in the food and beverage space. Thus, Stacy's Rise Challenge provides $200,000 in grant funding to help women grow their food or beverage-focused businesses. Five female entrepreneurs will receive a $20,000 funding prize, with one of those women winning an additional $100,000 grand prize award. Beyond grant funding, Stacy’s Rise Project also offers mentorship and community.
Image Credit: Stacy's Rise Challenge.
Trend Themes
1. Female Food Entrepreneurship - The rise of programs like Stacy's Rise Challenge highlights the growing trend of supporting and empowering female entrepreneurs in the food and beverage industry.
2. Grant Funding for Women - The provision of $200,000 in grant funding by Stacy's Rise Challenge indicates a trend towards offering financial support specifically targeted at women-owned businesses in the food and beverage sector.
3. Mentorship and Community - The inclusion of mentorship and community-building in programs such as Stacy's Rise Project indicates a trend towards supporting female entrepreneurs not just financially, but also through networking and guidance.
Industry Implications
1. Food and Beverage - Stacy's Rise Challenge focuses on supporting female entrepreneurs in the food and beverage industry by providing grant funding and resources to help grow their businesses.
2. Entrepreneurship Programs - Programs like Stacy's Rise Challenge highlight the industry dedicated to supporting and empowering entrepreneurs, especially women, by offering funding, mentorship, and community-building opportunities.
3. Online Resources for Entrepreneurs - Alice, the online resource for female entrepreneurs, collaborates with Stacy's Rise Challenge to address the gap in support for female founders, demonstrating a trend in providing digital platforms that offer guidance and resources for aspiring entrepreneurs.
4
Score
Popularity
Activity
Freshness
