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CARTIER WOMEN’S INITIATIVE REGIONAL AWARDS

Delhi

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Last date

31/10/2024

Reward

8,395,600

Qualification

Other

Post

Diploma, Under Graduate

General information

Scholarship name

CARTIER WOMEN’S INITIATIVE REGIONAL AWARDS

Applications are invited for the Cartier Women’s Initiative Regional Awards. The Fellowship is an educational program geared towards the 3 fellows selected from each region in each year. The fellowship program aims to equip them with the necessary skills to grow their business and to build their leadership capacity by drawing upon the experience and expertise of a vast array of academics, practitioners, industry experts, and entrepreneurs. ITEM DESCRIPTION Name CARTIER WOMEN’S INITIATIVE REGIONAL AWARDS Provided by Cartier Women’s Initiative Purpose To equip them with the necessary skills to grow their business and to build their leadership capacity

Region
Delhi
Scholarship type
Private
Fields
Other
For
Diploma, Under Graduate

Key dates

Last date to apply: 31/10/2024 The last date to apply for this fellowship is October 31, 2024.

Eligibility

The Cartier Women’s Initiative is looking for women-run and women-owned impact-driven businesses. Entrepreneurs across all sectors and from around the world are encouraged to apply. To be considered for the Regional Awards, the applicant’s business must meet the following eligibility criteria: 1. For-profit: The business should be designed to generate sufficient revenues to support its operations and return some level of profit to its owners. Non-profit enterprises are not accepted. 2. Early-stage: The business should have a proven business model and be in the initial phase of its development and growth (between 1 and 6 years of licensed/registered operations). We are looking for businesses that have been incorporated. Moreover, we are focused on companies that are majority-owned by founders and employees at the time of application. 3. Revenue generation: The business should currently be generating revenue from the sales of its products and/or services for at least 1 year as of the date of application. It is understood that a business that is generating revenue is not necessarily profitable in its first years of operations. 4. Fundraising: The business should not have raised more than US$2 million in dilutive funding. The Regional Awards cap the funds raised to ensure that the businesses selected fall within a similar range of development. 5. Impact: The business should meet at least one of the United Nations Sustainable Development Goals (SDGs). The SDGs are a collection of 17 global goals set by the United Nations General Assembly. The SDGs are a call for action by all countries to promote prosperity while protecting the environment. They cover a series of social, economic, and environmental development issues. 6. Leadership: A woman must fill the main leadership position, for example as CEO, General Manager or Director of the company. 7. Ownership: The founder needs to be a woman and she must be the largest shareholder of founder equity in the company or own a share at least equal to that of her cofounder(s). 8. Legal entry age: The lead entrant must be 18. 9. English proficiency: A good command of the English language is required (both verbal and written). This level requires an understanding of the main ideas of complex text, technical discussion in business and your field of specialization, and an ability to interact with fluency and spontaneity with native speakers. ​​​​​​​ 10. Time commitment: The applicant must commit to dedicating up to 4 hours/week virtually for the duration of the fellowship program and to attending one week of in-person preparatory training (date TBC).

Award & availability

Stated amount: 8,395,600 The fellows, representing the top three businesses from each of the nine regions, will receive: FINANCIAL CAPITAL SUPPORT

  1. A US $ 100,000 (Rs. 83,95,600) grant for each first-place awardee.
  2. A US $ 60,000 (Rs. 50,37,180) grant for each second-place awardee.
  3. A US $ 30,000 (Rs. 25,18,725) grant for each third-place awardee. HUMAN CAPITAL SUPPORT Our fellowship program is part of the human capital support we offer our fellows. It focuses on several key areas of human capital support for women-impact entrepreneurs and offers a combination of training and collective workshops.
  4. Training in specific business areas.
  5. Advice sessions with subject matter experts in the CWI Community.
  6. Community peer learning and networking sessions.
  7. Online and in-person leadership communications and media training workshops.
  8. In-person INSEAD Women Impact Entrepreneurship Program.
  9. Leadership capacity executive coaching by The Women’s Impact Alliance (formerly The Coaching Fellowship). ​​​​​​​ SOCIAL CAPITAL SUPPORT Throughout the program, we strive to highlight the social and environmental impact created by our fellows and bridge connections between women impact entrepreneurs and their supporters:
  10. International exposure and media visibility.
  11. Access to an online and offline community of 700+ experts and peers.
  12. Ongoing support for the development of the fellows’ businesses. The top three businesses from each of the nine regions.

Application

No information is available. To apply to the Regional Awards, you need to complete the online application form and provide the supporting documentation listed below. Compulsory

  1. Your resume
  2. Your business registration document
  3. Your pitch deck: we are not looking for a specific format; just submit an existing pitch deck that accurately describes the impact of your business. This can be an investor presentation or a product presentation.
  4. A one-minute video of yourself in which you answer the following questions: What is your motivation behind solving the problem that you have identified? What is the impact you wish to create through your solution? What do you wish to gain/contribute to the Cartier Women’s Initiative community? Optional 3 additional attachments of your choice: an image of a product, brochure, press, article, research, etc. These documents must be submitted on the online portal in the "Attachments" section. ​​​​​​​ For further details, please check- Click Here

Selection process

  1. The selection process includes shortlisting, in-depth due diligence on the top five applicants in each region, and presentation before the jury.
  2. The jury selects and ranks the top three applicants who become our fellows. The announcement of the ranking for the Regional Awards takes place during the awards ceremony. Other Info Embedded positive impact
  3. Intentionality: was the business created to solve a social or environmental problem?
  4. Embeddedness: is positive impact locked into the business model?
  5. Magnitude: is there a significant (number of people: local to global) and/or (degree of change: marginal to transformational) of impact?
  6. Measurement: is the business tracking and managing to optimize impact?
  7. Impact potential: Is the impact potential and/or already realized? Market analysis and fit
  8. Product-Market fit: Has the business provided evidence of the market?
  9. Competitive advantage: Does the business have clear, long-term, defensible competitive advantage?
  10. Expansion: Does the market have room for growth and does the business have potential to expand to other geographies? Sustainable business and financial model
  11. Financial sustainability: Does the business have sufficient financial return potential to reach profitability?
  12. Scalability: Is the business model scalable (good margins, unit economics, repeat sales)?
  13. Loyalty: Is the business likely to retain and upsell existing customers?
  14. Well thought-out: Are expectations (sales cycles, price setting, etc) and models well thought out and defensible? Strategy and execution
  15. Growth strategy: Does the business have an expansion plan with clear goals and resource requirements?
  16. Risk assessment: Has the business thoroughly evaluated risks and capabilities?
  17. Monitoring systems: Does the business have dynamic mechanisms to monitor execution? Team
  18. Complementarity: Is the team diverse, with 2-4 members who complement each other?
  19. Technical skill: Does the team have relevant technical/leadership skills and experience?
  20. Track record: Does the team have a track record of execution and/or significant achievement?
  21. Network: Does the team have relevant networks and advisors? Leadership character of the applicant
  22. Entrepreneurial spirit: Does the applicant display integrity, motivation and high energy, entrepreneurial approach?
  23. Cartier values: Does the applicant display the following character traits: Curiosity, Open-Mindedness, Generosity, Sharing, Respect, Rigor, and Independence? Commitment to CWI vision and community
  24. Our vision: A world in which every woman impact entrepreneur driving social change can achieve her full potential
  25. Our mission: To provide women impact entrepreneurs with the necessary financial, social and human capital support to grow their business and build their leadership skills

Contact

For more information: Click here Apply Now https://www.cartierwomensinitiative.com/regional-awards