Software Deadline: July 31st 2020

The Cartier Ladies’s Initiative is an annual worldwide entrepreneurship programme that goals to drive change by empowering ladies affect entrepreneurs. Based in 2006 by Cartier, the programme is open to women-run and women-owned companies from any nation and sector that intention to have a powerful and sustainable social and/or environmental affect.

The Cartier Ladies’s Initiative Regional Awards choose 21 fellows from 7 areas:

  • Latin America & the Caribbean
  • North America
  • Europe
  • Sub-Saharan Africa
  • Center East & North Africa
  • East Asia
  • South Asia & Oceania

ELIGIBILITY CRITERIA

The Cartier Ladies’s Initiative is searching for women-run and women-owned impact-driven companies. Entrepreneurs throughout all sectors and from world wide are inspired to use.

To be thought of for the Regional Awards, the applicant’s enterprise should meet the next eligibility standards:

• For-profit: the enterprise needs to be designed to generate enough revenues to assist its operations and return some stage of revenue to its homeowners. Non-profit enterprises are usually not accepted.

• Early-stage: the enterprise ought to have a confirmed enterprise mannequin and be within the preliminary section of its growth and progress (between 1 and 5 years of licensed/registered operations). For the 2021 version, we’re searching for companies which were included between August 2015 and August 2019. Furthermore, we’re targeted on corporations which might be majority-owned by founders and workers on the time of software.

• Income technology: the enterprise ought to at present be producing income from the gross sales of its merchandise and/or providers for at the very least 1 yr as of the date of software. It’s understood {that a} enterprise that’s producing income isn’t essentially worthwhile in its first years of operations.

• Fundraising: the enterprise mustn’t have raised greater than US$2 million in dilutive funding. The Regional Awards cap the funds raised to be able to be certain that the companies chosen fall inside the same vary of growth.

• Influence: the enterprise ought to meet at the very least one of many United Nations Sustainable Growth Objectives (SDGs). The SDGs are a set of 17 world targets set by the United Nations Basic Meeting in 2015 for the yr 2030. The SDGs are a name for motion by all nations to advertise prosperity whereas defending the surroundings. They cowl a sequence of social, financial, and environmental growth points.

 Management:  A lady should fill the primary management place, for instance as CEO, Basic Supervisor or Director of the corporate.

• Possession: The founder must be a lady and he or she should be the biggest shareholder of founder fairness within the firm or personal a share at the very least equal to that of her cofounder(s).

• Authorized entry age: The lead entrant should be 18 on the day of the appliance deadline (July 31, 2020).

• English proficiency: A very good command of the English language is required (each verbal and written). We require the Frequent European Framework of Reference Degree B2 or above. This stage requires an understanding of the primary concepts of advanced textual content, technical dialogue in enterprise and your discipline of specialisation, and a capability to work together with fluency and spontaneity with native audio system.

• Time dedication:  The applicant should decide to dedicating as much as four hours/week just about in the course of the fellowship programme and to attending one week of in-person preparatory coaching (date TBC).

The 21 fellows, representing the highest three companies from every of the seven areas, will obtain:
 

FINANCIAL CAPITAL SUPPORT

• US$ 100,000 grant for every of the 7 laureates (prime enterprise from every area)
• US$ 30,000 grant for every of the 14 finalists (2nd and third runner-up companies from every area)

HUMAN CAPITAL SUPPORT

The fellowship programme focuses on a number of key areas of human capital assist for girls affect entrepreneurs, together with creating a strategic monetary mind-set, talking to encourage and scaling social affect.
• Neighborhood peer studying periods
• ‘Strategic monetary mind-set’ module that goals to assist fellows in constructing their roadmap for progress
• ‘Talking to encourage’ communication module that focuses on management presence and media coaching
• Technique mentoring module developed by our tutorial associate INSEAD enterprise faculty that helps fellows in refining their enterprise methods
• A scholarship to attend a one-week INSEAD Social Entrepreneurship Programme pending admission based mostly on INSEAD’s eligibility standards and choice course of

For extra data, please seek the advice of the Fellowship part.

SOCIAL CAPITAL SUPPORT

All through the programme, we attempt to focus on the social and environmental affect created by our fellows and bridge connections between ladies affect entrepreneurs and their supporters.
• Worldwide publicity & media visibility
• Entry to an internet & offline neighborhood of 500+ specialists and friends
• Ongoing assist for the event of the fellows’ companies

ADDITIONAL DOCUMENTS

To use to the Regional Awards, it’s essential full the on-line software type and supply the supporting documentation listed under.

Obligatory
• Your resume
• Your corporation registration doc
• Your pitch deck: we’re not searching for a particular format, simply submit an present pitch deck that precisely describes the affect of your enterprise. This may be an investor presentation or a product presentation (not more than 15 pages max.).
• A one-minute video of your self wherein you reply the next questions:
   – What’s your motivation behind fixing the issue that you’ve recognized?
   – What’s the affect you want to create by means of your resolution?
   – What do you want to acquire/contribute to the Cartier Ladies’s Initiative neighborhood?

Optionally available
• three further attachments of your alternative: picture of product, brochure, press, article, analysis, and many others.

These paperwork should be submitted on the on-line portal within the “Attachments” part and can’t be despatched individually by e-mail.

SELECTION PROCESS

SELECTION CRITERIA

The Jury evaluates the functions based mostly on the next standards:

• Market evaluation & match
• Monetary & enterprise mannequin sustainability
• Management staff & character of founder
• Technique & execution
• Embedded optimistic social affect
• Dedication to Cartier Ladies’s Initiative
• High quality of submission

SELECTION PROCESS

The choice course of is split into two rounds: the finalists’ choice and the laureates’ choice.

• Spherical 1: The jury selects 21 finalists, the highest three candidates of every area (Latin America & the Caribbean, North America, Europe, Sub-Saharan Africa, Center East & North Africa, East Asia, South Asia & Oceania), on the premise of their software type.

• Spherical 2: The finalists are invited to the ultimate spherical, which incorporates submitting additional enterprise data and presenting their enterprise in entrance of their regional jury panel throughout the preparatory coaching week. Based mostly on the choice standards, one laureate for every of the seven areas is chosen. The announcement of the 7 laureates for the Regional Awards, together with the laureate for the Science & Expertise Pioneer Award, will happen throughout the Awards Ceremony.

For Extra Info:

Go to the Official Webpage of the Cartier Ladies’s Initiative Awards 2021

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