$70,000 in Prize Money rewarded by Small Business Administration for Women Entrepreneurs
Brooklyn, NY, PR Newswire
May 12, 2017 – Good Management & Investments (GOOD) is partnering with the Small Business Administration (SBA) to select local winners for InnovateHER. This local competition was established to encourage more women entrepreneurs in the United States. The event is held 6pm on June 2nd at the Co-Lab Factory (14 Dekalb Ave, Brooklyn NY). Eligible business owners are encouraged to apply here.
Contestants will be judged based on providing products or services that have a measurable impact on the lives of women and families (30%), have the potential for commercialization (40%), and fill a need in the marketplace (30%). They are also required to provide a business plan.
The local judges come from wide and varied background, but they all are focused on greater gender equity in the United States. Saeed Jabaar, the Executive Director at Inclusion, has volunteered his time to help assess participants’ ability to have a measurable impact on the lives of women and family. His company has helped dozens of people from low-income communities to provide greater security for their family through supplying in-demand job training.
While Busayo Odunlami, the Chief Operating Officer at Venture Smarter and a consultant for the World Bank, has volunteered his time to assess the potential for commercialization. He has helped educate hundreds on finance and his work is leading the charge for smarter cities.
Finally, Ebonique Ellis, the Chief Executive Officer at GOOD, will be assessing whether the product or service fills a need in the marketplace. She has worked with numerous small businesses across the United States to help them create added value for their company.
Good Management & Investments is also offering an entrepreneurship course that will help participants write out a business plan. Although, the scholarship period has ended, the course is provided for the low cost of $45. Students in the class will have the opportunity to write out a business plan that can be used for the competition.
About Good Management & Investments
Good Management and Investments was founded in July 2016 to fulfill the the market’s need for low-cost affordable business consulting packages for new entrepreneurs. Its mission is to value human capital and productivity.
14 Dekalb Ave, 3rd Fl
Brooklyn, NY 11201