National Movement to Invest in Women Entrepreneurs
Coming to Charlotte, NC
5 Female Founders Pitch for Investments; Application Deadline February 12, 2020
For Immediate Release
Charlotte, NC, January 21, 2020 — Despite recent progress, women-led companies still received less than 3% of all venture capital in 2019.
Chloe Capital is a new breed of VC committed to decreasing the gender gap in entrepreneurship and venture capital. In two years, the firm has rallied a national network of female founders, impact investors and industry leaders to lead world change.
“Numbers are rising but not fast enough, and yet female founded companies outperform their male peers by 60% in terms of value for investors. Female entrepreneurs are good at identifying market opportunities, adapting to change, innovating, creating value and keeping costs low,” said Suzanne Cryer in support of the Movement. Suzanne plays venture capitalist, Laurie Bream, on HBO’s hit show, “Silicon Valley.”
To these ends, Chloe Capital is being recognized as a Movement to #InvestInWomen, which lands in Charlotte, NC on May 19, 2020. We invite all media to call attention to not only a night of innovation, but a rare opportunity for women entrepreneurs to pitch for investments in their companies. At least one female founder will receive up to $250,000 in investments from Chloe Capital and ECMC Foundation.
ECMC Foundation’s mission is to inspire and facilitate improvements that affect educational outcomes. The Foundation makes grants and investments in companies advancing solutions in college success and career readiness.
“Our goal at ECMC Foundation is to support innovations in education that impact underserved learners,” said Jessica Haselton, Director of Education Innovation Ventures, ECMC Foundation. “We’re taking the Future of Work & Education to Charlotte, our third stop to Invest In Women. I encourage all female founders to apply for this investment opportunity from ECMC Foundation and our partners at Chloe Capital.”
Chloe Capital’s signature programs are designed to connect VC-ready female founders with funding opportunities in 24 hours. Founders also gain visibility and connections to industry leaders who help drive businesses forward after investments. In partnership with ECMC Foundation, Chloe Capital has produced programs in Los Angeles (October 30, 2019), and New Orleans (February 6, 2020). Our next program will be held in Charlotte, NC on May 19, 2020.
“It’s been a decade since I lived and worked in Charlotte, NC,” said Kathryn Cartini, Partner, Chloe Capital. “Known as the second largest banking city in the nation, I commend Charlotte on a glorious rebound after the recession. I believe betting on innovation made the difference, and I’m excited to meet the community leaders who lead the way,” she added.
In addition to a night of innovation focused on celebrating diversity and inclusion, we ask for your support in sharing these funding opportunities. Applications are open for women entrepreneurs to pitch in Charlotte for investments in their companies. Five women-led companies building solutions in Education and Workforce Innovation will be chosen to participate in the Charlotte program, and pitch for up to $250,000 in investments from Chloe Capital and ECMC Foundation. Founders do not need to be located in Charlotte, NC, nor will they need to relocate their businesses to participate in this opportunity. The application deadline is February 12, 2020.
APPLY > ChloeCapital.com/funding.
“Recruiting the most promising female founders is an honor,” said Elisa Miller-Out, Managing Partner, Chloe Capital. “Every single woman invited to participate in our programs, connect with our co-investors and receive Chloe Capital investment is a Champion. It’s our job to find them and help make their dreams come true.”
Together with ECMC Foundation, Chloe Capital will deploy $750,000 to early-stage, women-led companies across the U.S. Join the Movement to #InvestInWomen. Spread the word about the next pitch event in Charlotte, NC on May 19, 2020, and let women entrepreneurs everywhere know about this funding opportunity. The application deadline is February 12, 2020.
About ECMC Foundation___________
ECMC Foundation is a Los Angeles-based, nationally focused foundation whose mission is to inspire and facilitate improvements that affect educational outcomes—especially among underserved populations—through evidence-based innovation. It is one of several affiliates under the ECMC Group enterprise based in Minneapolis. ECMC Foundation makes investments in two focus areas: College Success and Career Readiness; and uses a spectrum of funding structures, including strategic grantmaking and program-related investments, to invest in both nonprofit and for-profit ventures. Working with grantees, partners and peers, ECMC Foundation’s vision is for all learners to unlock their fullest potential. ECMCFoundation.org
About Chloe Capital_______________
In 2017, Chloe Capital set out to #InvestInWomen. Today, the New York-based VC firm is being recognized as a Movement that empowers approximately 10,000 supporters, investors and women-led innovation companies. The firm partners with foundations, universities and corporations to host fundraising programs for women entrepreneurs in cities across the U.S. The Chloe Capital Fund makes investments in the most promising women-led companies in their network. ChloeCapital.com