2017 WOMEN-IN-BUSINESS CHALLENGE

Transcription

1 Welcome to the 2017 Women-in-Business Challenge, sponsored by the Women s Business Resource Center at the Urban League of Greater New Orleans. The Women-In-Business Challenge is a business accelerator program for women business owners. The program encompasses business growth education, individualized consulting, mentorship, peer-to-peer learning opportunities and business pitch presentation assistance. Program Eligibility requirements: Business must be Majority (51%) Female Owned Minimum 1 Full-Time Employee In Business (Operational) for at least 12 months Annual Revenue Greater than $25K Business model that is Innovative or Technology-based or a Traditional Business that provides resources for or supports Women/Girls Business has potential to quickly increase its revenue base with the development of a strategic growth plan. Business scalable to $1M in annual revenue within 5 years LEGAL NAME OF COMPANY: DATE COMPANY ESTABLISHED/REGISTERED: NAME OF OWNER(S): [include percentage of ownership] NO. OF EMPLOYEES (indicate whether full/part-time or contract): BUSINESS ADDRESS (include city, state and ZIP): ADDRESS: PHONE NO. (BUSINESS AND CELL) WEBSITE

2 2. WHO ARE THE PRINCIPALS (EXECUTIVE TEAM) IN YOUR BUSINESS? [List name(s), roles, experience] 3. WHAT WERE YOUR MOTIVATIONS FOR BECOMING A BUSINESS OWNER?

3 4. PROVIDE A BRIEF SUMMARY OF THE BUSINESS: 2017 WOMEN-IN-BUSINESS CHALLENGE 5. WHAT NEED OR OPPORTUNITY DOES YOUR BUSINESS ADDRESS?

4 6. WHAT ARE YOUR COMPETITIVE ADVANTAGES? 2017 WOMEN-IN-BUSINESS CHALLENGE 7. WHAT ARE YOUR COMPETITIVE ADVANTAGES?

5 8. HOW DOES YOUR BUSINESS GENERATE REVENUE? 9. WHAT WAS YOUR BUSINESSES 2015 ANNUAL REVENUE?

6 10. WHAT WAS THE 2015 (OR CURRENT) PROFIT MARGIN IF NOT IN BUSINESS IN 2015? 11. WHAT IS YOUR BUSINESS 2016 YEAR-TO-DATE EARNINGS? 12. WHAT IS YOUR STRATEGY TO REACH $1M IN ANNUAL REVENUE WITHIN THE NEXT 5 YEARS? 13. ARE YOU CURRENTLY INVOLVED WITH A STRATEGIC PARTNER OR INVESTOR TO AID IN THE GROWTH OF YOUR FIRM? YES NO IF YES, PLEASE PROVIDE DETAILS:

7 14. HAVE YOU UNDERTAKEN ANY FORMAL BUSINESS TRAINING? YES NO IF YES, PLEASE DESCRIBE: (indicate date(s) and the name of the organization(s) or consultant.

8 15. HAVE YOU PARTICIPTED IN OTHER PITCH CHALLENGE PROGRAMS? YES NO IF YES, PLEASE INDICATE WHICH PROGRAM: (Include date(s) of participation.)

9 16. HOW DO YOU THINK YOUR BUSINESS CAN BENEFIT FROM YOUR PARTICIPATION IN THE 2016 WOMEN-IN-BUSINESS CHALLENGE? 17. HOW DID YOU HEAR ABOUT THE WOMEN-IN-BUSINESS CHALLENGE? 18. IS THERE ANYTHING ELSE YOU WOULD LIKE TO ADD ABOUT YOURSELF OR YOUR BUSINESS?

10 19. ATTACH A CURRENT BALANCE SHEET AND PROFIT & LOSS STATEMENT FOR THE BUSINESS WITH YOUR APPLICATION. (Applications with no financials attached will NOT be accepted.) Once you click on the submit button below, the additional documents should be Once you click on the submit button below, an will be created in your inbox. The additional documents should be added to the before pressing send. 20. YOU MAY ATTACH UP TO THREE ADDITIONAL DOCUMENTS (photos, marketing materials, customer testimonials, media, etc. Once you click on the submit button below, the additional documents should be added to the before sending. Submit application online via or Forward completed application via to wbrc@urbanleagueneworleans.org Applications are subject to verification of information submitted. Prior Participants in the Women-In-Business Challenge Program are not eligible. The Women s Business Resource Center has sole discretion in selecting participants for the Women-In-Business Challenge. The Women s Business Resource Center 4640 S. Carrollton Avenue, Suite 230 New Orleans, LA (504) wbrc@urbanleagueneworleans.org