Women Who Tech Launch COVID-19 Tech Challenge to Fund Innovative Startups Shaping the "New Normal"
WASHINGTON, Aug. 5, 2020 /PRNewswire/ -- Women Who Tech, the largest organization combating the severe lack of funding for women-led tech startups, opened applications for a new grants program built to fund women-led ventures focused on solving the biggest health, education, employment, civic engagement, and financial issues resulting from the COVID-19 pandemic.
Since 2015, Women Who Tech has provided upwards of over $2M+ in funding and services to underrepresented women-led tech startups. The COVID-19 Tech Challenge is part of the organization's new Startup Grants Program, which will be awarding Innovation Grants of $10,000 and Impact Grants of $3,000 on a rolling basis.
"Even before COVID-19, as a small startup, growth has always been a challenge. Grants are essential especially for Black women startup founders like myself who — as a group — only receive .02% of venture funding," said DeShuna Spencer, CEO & founder of kweliTV. "We would not be in business today if it were not for grants similar to the Women Who Tech Startup Grants Program." Both kweliTV and LimeLoop, cofounded by Chantal Emmanuel, were recipients of Women Who Tech's Startup Grants pilot program in July.