Women selected will receive mentorship to grow their businesses in a variety of sectors from travel to fashion and everything in between.
Allergan Aesthetics, an AbbVie company, announced the 20 winners of the BOTOX® Cosmetic and IFundWomen grant program who will receive funding and mentorship to overcome the “Confidence Gap” and increase the number of women-owned businesses.
A panel of physicians reviewed the more than 6500 applicants to the program and selected the 20 winners. Grant recipients will participate in a 10-week Crowdfunding Accelerator Program and learn from experts across a variety of fields. The intensive coaching program will cover topics that include network mapping, content marketing, social media, public relations, and crowdfunding, helping the women to refine and optimize strategies for their business.1
The partnership between Allergan Aesthetics and IFundWomen for the grant program was announced on International Women’s Day in March, and the panel reviewing applications consisted of several clinicians who own their own practices. Terrence Keaney, MD, FAAD, board certified dermatologist of SkinDC in Arlington, Virginia, told Dermatology Times®, “The applications were evaluated based on the business’s long-term potential, quality of the business plan, appeal, and the ability to raise funds. It was a difficult review process due to all of the amazing applications.”
In addition to the IFundWomen coaches, winners will be mentored by leaders from BOTOX® Cosmetic. "As a woman entrepreneur myself, I know how hard it can be to overcome the 'Confidence Gap.' Every day we find ourselves questioning if we have what it takes, and sometimes all we need to find that resounding 'yes' is a little bit of affirmation from the outside world," said Michelle Henry, MD, FAAD, Board-Certified Dermatologist, Mohs Surgeon and Founder of Skin & Aesthetic Surgery of Manhattan in a press release.1
While women own 42% of all businesses in the US, nearly 13 million, and employ 9.4 million workers,2 the “Confidence Gap” causes women to question whether they have what it takes to own and manage a business. IFundWomenseeks to eliminate that gap and help women overcome challenges.
“What was consistent among all of the founders was their determination and passion for the communities that they were serving. It was really inspiring talking to all the talented winners,” said Dr. Keaney.
The winners span industries from fashion to travel to finance. The grant winners for this year’s contest are: