Kauffman Foundation, Uber launch grant contest for women-led startups
September 13, 2016 | Meghan LeVota
Female entrepreneurs in Kansas City may not have the luxury of riding a “glass escalator,” but on Oct. 26 they can take an Uber ride for a chance at $120,000.
The Ewing Marion Kauffman Foundation on Tuesday announced UberPITCH, a nationwide pitch competition in partnership with Uber and business accelerator The Refinery. Women-led startups will have a chance to win up to $120,000 in grants and will gain feedback from investors.
Competitors will deliver a 10- to 15-minute pitch to an investor while riding in an Uber. Finalists will be invited to present their companies at the “Fueling the Growth” showcase in Stamford, Conn., on Nov. 16, where finalists will compete for the funds.
“Women-led startups received less than 2.7 percent of venture capital in 2011 – 2013, so a competition like this helps connect women entrepreneurs and investors in a dynamic, fun and innovative way,” Refinery co-founder Janis Collins said in a release. “But this competition is about more than prize money; it’s about giving the founders valuable access to investors and input on their businesses.”
The competition is open to those in Providence R.I., Baltimore Md., New Haven, Conn., Stamford, Conn., Washington D.C., and Kansas City, Mo. In order to apply, startups must have at least one woman in a leadership role, be able to demonstrate scalability, and utilize technology in their business model.
Full guidelines and applications are available here. Entrepreneurs must apply by Oct. 20.
2016 Startups to Watch
stats here
Related Posts on Startland News
Challenging the notion of ‘entitled millennials,’ Rise Fast empowers young people
When the economy took a turn for the worst in 2008, many millennials saw their parents and grandparents laid off by companies they’d been loyal to for years. Eze Redwood said that although it’s easy to gloss over the impact that traumatic events have on a generation’s psyche, young professionals carry the weight of this…
As engagement grows, KC Women in Technology gears up for 2017
Imagine if the next Mark Zuckerberg was a young female living in Kansas City. Despite an interest and aptitude in technology, imagine she walks into a popular clothing store and seeing a shirt that reads: “I’m too pretty to do math.” Subliminal messages such as this are not an uncommon occurrence for many young women.…
KC programs become semifinalists in Harvard innovation contest
Harvard University has recognized two Kansas City initiatives as semifinalists in the school’s Innovations in American Government Awards competition. Led by the City of Kansas City, Mo., the Community Improvement District Revolving Loan Fund and Women’s Empowerment initiative both are among 100 programs vying for a shot to become finalists and the $100,000 grand prize.…
The Lean Lab continues to make an impact in KC education
As the Lean Lab looks back on its third year, co-founder Katie Boody said the program is “just getting started.” Launched in 2013, the Kansas City-based education tech incubator engaged over 900 individuals in conversation on education innovation in 2016. In addition, last year marked the organization’s first step to go international, attracting entrepreneurs that…