Economic growth is inextricably linked to women’s participation in the workforce. In many corners of the globe, women have limited access to opportunities and financial resources to build a life of their own;
Shiffon, a luxury jewelry design enterprise, combines business and social purpose to break this cycle and empower women and girls globally. Shiffon was launched by two Harvard University students determined to foster a world where women and girls from around the world are empowered to pursue boundless opportunities.
What is the competition?
To overcome the challenges women face, Shiffon has launched a startup competition where 5 entrepreneurs will be given the opportunity to kick-start initiatives in their respective countries.
The competition is open to budding entrepreneurs passionate about launching enterprises that are driven to empower women and provide employment opportunities.
What is the prize?
Shiffon is offering five $5,000 prizes and mentorship from leading fashion and tech companies and consultancies to successful applicants. They understand that mentorship in addition to capital is crucial for the success of young businesses.
Who can apply?
Applications are open to One Young World Ambassadors who are in the early stages of a social venture, or are launching a new subsidiary or offshoot of an existing social enterprise.
Submissions are not only limited to women; men with initiatives whose purpose is to support women’s empowerment are welcome to apply.
Deadline for submissions is on January 18, 2017. Winners will be announced on 25 January.