Home Business Sara Blakely supporting female entrepreneurs

Sara Blakely supporting female entrepreneurs

by The 100 Companies
Sara Blakely

Many small businesses are now facing financial challenges. To alleviate some of the pressure, Sara Blakely, the founder and CEO of Spanx, has pledged support by donating $5 million to help female entrepreneurs through The Red Backpack Fund.

In partnership with GlobalGiving, The Red Backpack Fund will give 1,000 female business owners $5,000 each in funding to help their businesses, families and employees. Blakely’s inspiration comes from starting Spanx with only $5,000 in savings and her red college backpack.

Applications will be accepted through multiple rounds on May 4, June 1, July 6 and Aug. 3 via the GlobalGiving website.

Halle Fleming, 360 Media, Inc.

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Do NOT follow this link or you will be banned from the site!