HERImpact was created by the Ford Fund, the philanthropic arm of the Ford Motor Company, in partnership with 1863 Ventures, and was designed for female entrepreneurs to help scale their businesses through coaching and funding.
“The whole atmosphere was encouraging. From the HERImpact staff to each participating founder, there was a sense of camaraderie and support," said Veronica Alvidrez, founder of ParaMi. “HERImpact provides a level of coaching unlike any other pitch competition I’ve participated in and it’s important because women work in silence. We don’t typically tell people what we’re up to – HERImpact highlighted the importance of mentors and getting valuable feedback.”
At the end of the day, three enterprises were selected to receive a portion of the $50,000 in business grants from Ford Fund and 1863 Ventures. Nikkie Affholter, founder of Tirza Design and this year’s first prize winner, offers this advice to the next wave of women entrepreneurs, “Be bold. Don’t be afraid to step out there — even if you’re worried you might fail. HERImpact is a safe place to be bold!”
Maxwell Young, Director of Communications at 1863 Ventures, encourages aspiring women entrepreneurs to keep in mind that “There is funding out there for women. The future of America is Black and Brown and it’s woman-owned. You are the future of your community and our nation writ large – no idea is too small.”
To learn more about opportunities to support 1863 Ventures, they invite you to text them at +1-202-918-5274. They communicate through an SMS community to share all of their updates, investment insights, and news of the day. You can also visit their website or follow them on Instagram, Facebook, or LinkedIn.
Community Partner Spotlight is a Ford Fund feature series that amplifies the organizations and people who partner with the company’s philanthropic arm to achieve its mission of moving people forward and upward. To learn more about any of our community partners or opportunities to volunteer or contribute in any way, please email info@fordfund.org our website.