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Fellows Program

Fellowships to USA Women Entrepreneurs to
Participate in a Business Guidance Program

Agency Type:

Foundation / Corporation

Funding Source:

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Tory Burch Foundation

Deadline Date:

11/12/20 11:59 PM ET

Description:

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Fellowships to USA women entrepreneurs to assist them in furthering their businesses. In addition to the cash grant, selected fellows will participate in a variety of activities, including a learning workshop series and a pitch day. Fellows will also have access to opportunities for networking and educational programs.

The Fellows Program provides the community of support that women entrepreneurs need to connect, learn, and grow their business.

Each Fellow will receive a fellowship with the Tory Burch Foundation (a “Fellowship”) consisting of the following:

  • The Workshop will be a five-day experiential series of modules related to entrepreneurship and leadership development, and will be held at the Tory Burch LLC campus located in Jersey City, NJ. By entering the Program, applicants agree that, if selected as a Fellow, they will be active participants in the Workshops and other Programing. In connection with the Workshop, Fellows will receive: (i) ground transportation or round-trip coach class airfare for Fellow to New York, NY from the major U.S. airport nearest Fellows’ residence within the United States; (ii) up to four (5) days/five (5) nights hotel accommodations; (iii) three (3) meals per day; and (iv) local transportation.
  • Access to the Online Community. The Tory Burch Foundation Online Community is a dynamic community of women entrepreneurs leading early and growth stage businesses from diverse sectors across the United States. The primary purpose of the Online Community is to facilitate peer-to-peer mentoring and meaningful collaboration. In addition, the Foundation will provide resources, highlight key moments and events, and encourage self-reporting and promotion around personal and professional milestone achievements.
  • A $5,000 education grant to be used to further the Fellow’s business education (the “Education Grant”). By entering the Program, applicants agree that, if selected as a Fellow, they will use the Education Grant solely for the furtherance of business education, which shall include direct and indirect education educational expenses (e.g., school tuition, educational conference fees and expenses, text books, etc.) as determined and approved by Organizer in its sole discretion. Subject to the terms of a Fellowship and Grant Agreement, the Education Grant may be paid by Organizer in installments based on certain pre-defined milestones, and may expire after a pre-determined period of time in the event it is not used.
  • An opportunity to potentially pitch their business to industry influencers on (‘Pitch Day”), which will take place on the last day of a five-day workshop series (See above on Workshop), By entering the Program, applicants agree that, if selected as a Fellow and invited to participate at “Pitch Day”, they will promptly accept or decline by date communicated by Organizer. Pitch Day is a by-invitation only, open event. Hosts and guests of the event may consist of investors, industry experts, potential mentors, Tory Burch staff members, and peer Fellows.

GrantWatch ID#:

GrantWatch ID#: 166678

Number of Grants:

Review committees will assess the submissions to determine up to 50 Fellows.

Estimated Size of Grant:

Fellows will receive:
- One-year Fellowship with the Tory Burch Foundation that includes virtual education programming, workshops, and business guidance
- $5,000 grant for business education
- Access to private online peer community
- Trip to Tory Burch Offices for a 5-day workshop, networking, and Pitch Day. (Pending CDC safety guidelines.)

Term of Contract:

Fellow will commit to a one-year fellowship.

Additional Eligibility Criteria:

Applicant Criteria:
- A woman-identifying entrepreneur who owns either a majority stake (51% or more) in a qualifying business – or – the largest or equal stake in a qualifying business that is 100% owned and controlled by women
- 21 years or older as of the application due date (November 12, 2020)
- Proficient in English
- A legal resident of the United States

Business Criteria:
- For-profit, from any industry
- Early stage (one to five years of operations preferred)
- Generating revenues (minimum of $75,000 strongly preferred)
- Formed under United States law and operating in the United States
* Due to the devastating impact of COVID-19 on small businesses, the Foundation will be considering both revenue performance in 2020 as well as 2019 to best understand the health and market potential of your business

Not Eligible for this Program:
- Nonprofit organizations
- Idea stage ventures
- Subsidiary businesses or franchisee

Employees of Organizer, Tory Burch LLC, Tory Burch LLC’s affiliate entities, and/or their respective vendors, and members of their respective households and immediate families (spouses, parents, siblings, children, and each of their respective spouses) are not eligible for the Program.

Pre-Application Information:

Applications close Nov 12 2020 11:59 PM (EST)

Timeline:
- September 22, 2020: Applications Open
- November 12, 2020: Applications Close
- Spring 2021: 50 Tory Burch Fellows Announced
- Summer 2021: Trip to Tory Burch Offices

Only one entrepreneur per business is allowed to apply.

Contact Information:

Before starting your grant application, please review the funding source's website listed below for updates/changes/addendums/conferences/LOIs.

Online application portal:
https://fellows.toryburchfoundation.org/prog/2021/

The Tory Burch Foundation, Inc.
11 West 19th Street
New York, NY 10011

URL for Full Text (RFP):

Geographic Focus:

USA: Alabama;   Alaska;   Arizona;   Arkansas;   California;   Colorado;   Connecticut;   Delaware;   Florida;   Georgia;   Hawaii;   Idaho;   Illinois;   Indiana;   Iowa;   Kansas;   Kentucky;   Louisiana;   Maine;   Maryland;   Massachusetts;   Michigan;   Minnesota;   Mississippi;   Missouri;   Montana;   Nebraska;   Nevada;   New Hampshire;   New Jersey;   New Mexico;   New York City;   New York;   North Carolina;   North Dakota;   Ohio;   Oklahoma;   Oregon;   Pennsylvania;   Rhode Island;   South Carolina;   South Dakota;   Tennessee;   Texas;   Utah;   Vermont;   Virginia;   Washington, DC;   Washington;   West Virginia;   Wisconsin;   Wyoming

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