The Tory Burch Foundation has launched a new digital tool called Funding Finder which helps connect women founders with optimal financing sources. For those who are not familiar with The Tory Burch Foundation, it is a non-profit organization founded by fashion designer Tory Burch in 2009 and has distributed over $100 million in loans to more than 5,500 entrepreneurs. Their mission is simple – to empower and provide leading women entrepreneurs with the support and resources they need to succeed.
A study by Columbia Business School reported that female entrepreneurs receive only a fraction of all venture funding, and it has been one of the largest challenges for women founders to acquire the financing they need to get their business started or to the next level.
Funding Finder is a digital tool that allows women founders to search for financing based on a range of criteria, including their industry, business stage, and funding type. Its comprehensive database of funding sources provide women founders with the information and resources they need to select the optimal capital options for their business. As part of the database, it involves everything from traditional lenders, to venture capitalists to angel investors, providing a huge scope of financing sources. The platform also offers a variety of educational resources including informational videos, webinars, and events to help women entrepreneurs navigate the financing landscape and expand their network.
Funding Finder is an incredible tool for entrepreneurs, and specifically female entrepreneurs, who are ready to take that next step with their business in the search for financing. The scope and accessibility of different financing options provided by Funding Finder is invaluable and it has already helped thousands of women founders connect with the right solutions to grow their businesses.