SheEO is an incubation program for female entrepreneurs. SheEO screened hundreds and narrowed its list to 25 US women owned businesses. Greensulate is a finalist with a chance of becoming one of five recipients of #SheEO’s radical generosity.
SheEO was incorporated in 2014 in order to address some glaring facts. Only 4% of venture capital goes to come. Less than 1% of corporate procurement goes to women-led businesses. And, less than 19% of business news mentions ventures led by women.
SheEO is premised on some other facts that indicate we have all we need to promote female entrepreneurs, including these facts. Women make 80% of purchasing decisions. Women are set to inherit 75% of the largest wealth transfer ever as US demographics move ahead. And, women are starting businesses worldwide at 1.5 times the pace of men.
SheEO attracts “activators,” which are women who contribute money to a pool and then “activators” help select five US finalists and five Canadian finalists who will receive the money. Greensulate was selected as a “Top 25 US Ventures of 2016.” Our fingers are crossed that we make it to the final five. #SheEO #radicalgenerosity