Les Dames d’Escoffier Philadelphia announced two (2) Business Development Grants totaling $10,000, exclusively for women food, drink, and hospitality-based entrepreneurs in the Greater Philadelphia Area. These grants present a valuable opportunity for aspiring business owners to bring their visions to life.
Women-owned businesses face unequal challenges when it comes to securing business financing and investments. Despite the fact that women owned more than 40% of businesses in the U.S. by 2019, almost 98% of venture capital for new startups went to male founders in 2020.
The Startup Grant, worth $2500, is specifically designed to support the development of a new business plan and cover associated costs. Whether you need assistance with market research, financial projections, or operational strategies, this grant will provide the necessary resources to kickstart the entrepreneurial journey. Apply here.
The Development Grant, valued at $7500, aims to empower established businesses operating for over a year, primarily focusing on the food, beverage, or hospitality sectors. This grant is intended to facilitate expansion, add value, or add new services to enhance business growth for businesses currently operating. Apply here.
In addition to the financial support, both grants offer 25 hours of personalized mentoring tailored to your business goals. Experienced mentors will guide the recipient through the intricacies of entrepreneurship, providing valuable insights and advice to maximize success.
Furthermore, grant recipients will receive a one-year provisional membership to Les Dames Philadelphia, granting access to a vibrant community of like-minded professionals and invaluable networking opportunities.
Les Dames d’Escoffier believes in women’s potential in business and is committed to fostering their success. If you are a driven and passionate female entrepreneur or business owner in the Greater Philadelphia Area, don’t miss this incredible chance to turn your dreams into reality.
Disclosure: I am a proud member of Les Dames d’Escoffier Philadelphia.
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