The Tory Burch Foundation has selected 10 Fellows to participate in the inaugural yearlong Fellowship program for women entrepreneurs. The program offers these entrepreneurs access to education, mentoring and networking opportunities including a $10,000 business education grant.
Selected form an initial pool of more than 500 candidates, 30 finalists participated in a public online vote to help determine the final 10 Fellows.
Tory Burch, founder of the foundation and chairman, chief executive officer and designer of Tory Burch LLC, said, “Our goal is to give women the tools and platform they need to grow their businesses.” She said these women serve as ambassadors to women entrepreneurs across the U.S.
Laurie Fabiano, president of the Tory Burch Foundation, added that nearly 40,000 votes were cast for women entrepreneurs.
The 2016 Tory Burch Foundation Fellows are Nicole Baldwin of Biao Skincare, Houston; Allison DeVane, Teapressa, Phoenix; Alexa Fleischman, Savvy Society, San Francisco; Kate Glantz, Heartful.ly, Washington, D.C.; Ericka Lassair, Diva Dawg, New Orleans; Kate McAleer, Bixby & Co., Rockland, Maine; Emellie O’Brien, Earth Angel, Brooklyn, N.Y.; Kimarie Santiago, Saltopia, Hackettstown, N.J.; Amy Swift, Building Hugger, Detroit, Mich.; Caren Ulrich Stacy, Diversity Lab, Boulder, Colo.
In addition to the business grant, the Fellows will participate in a three-day workshop at the Tory Burch offices in New York, where they will partake in a pitch competition to present their business plans in front of a judging panel of successful entrepreneurs and influencers. Based on these presentations, one Fellow will receive a $100,000 grant investment in her business.
The judges for the competition are Burch; William Crowder, VC, Comcast Ventures Catalyst Fund; Cheryl Dorsey, president, Echoing Green; Anne Fulenwider, editor in chief of Marie Claire; Liya Kebede, model, designer and maternal health advocate, and Sallie Krawcheck, ceo and cofounder of Ellevest.