iFundWomen crowdfunding platform is expanding to Maryland - Technical.ly Baltimore

Access

Aug. 10, 2017 9:45 am

iFundWomen crowdfunding platform is expanding to Maryland

Applications are open for the first group of women-led businesses that will be featured. Along with funding, the platform is providing access to resources with help from a local partnership with Betamore.

Female technologists gathered for Baltimore's first Women/InTech Conference in October 2013.

(Photo by Christopher Wink)

A crowdfunding platform that seeks to help women-led businesses is expanding into Maryland.

Founded in Nov., 2016, by former Google/YouTube video executive Karen Cahn, iFundWomen seeks to help female founders get access to capital. It’s well-documented that women-run businesses receive less funding than those run by men, and Cahn wanted to create a way to address the gender gap.

The crowdfunding platform also helps provide visibility for a growing business, as well as the potential to attract backers who are outside of the investor community. After launching local initiatives in Nashville, Tenn., and North Carolina, Cahn said Maryland’s growth in entrepreneurship activity made the region stand out as a next step for expansion.

“Baltimore is experiencing an entrepreneurial resurgence led by the innovation and ideas of small businesses in the region and women entrepreneurs are vital to this growth,” Cahn said. “iFundWomen Maryland is launching at an exciting time and will bring inspiration, community and the funding needed to help new projects get started and accelerate business opportunities for established startups.”

iFundWomen Maryland is currently accepting applications for its first cohort through Aug. 30 It’s open to startups, as well as small businesses.

Apply by August 30

A local partnership with Betamore will also provide access to additional resources. Officially, the platform is launching at Beta City, the entrepreneurship showcase event set for Sept. 28 at City Garage. Members of the cohort are set to attend the event, offering a chance to show their business and connect with entrepreneurship leaders in the region, said Betamore CEO Jen Meyer. Betamore is looking to provide additional links to its network, she said.

Economic Alliance of Greater Baltimore, PNC Bank and Athena Powerlink are also partners on the local chapter.

-30-
JOIN THE COMMUNITY, BECOME A MEMBER
Already a member? Sign in here
Connect with companies from the Technical.ly community
New call-to-action

Advertisement

Baltimore Corps wins $100K for platform connecting women and people of color to mission-driven tech jobs

5 tips for female founders from DMV investors and tech leaders

6 tips for women business owners attending the WBENC National Conference and Business Fair

SPONSORED

Baltimore

What Asymmetrik is doing to help lead healthcare’s digital transformation

Philadelphia, PA

Bresslergroup

Senior Interaction Designer

Apply Now
Baltimore, MD

Agora Financial

Sr. Frontend Developer

Apply Now
Baltimore, MD 21201

14 West

Junior Database Administrator

Apply Now

The world’s biggest female hackathon welcomed students to UMD, from elementary school on up

Girls in CS Summit introduces software, hardware and community

3 takeaways from the State of Black Women in Tech

SPONSORED

Baltimore

Verizon is looking for the brightest ideas on how to use its 5G technology

Baltimore, MD

SmartLogic

Account Executive (Baltimore)

Apply Now
Baltimore, MD

14 West

Product Operations Manager

Apply Now
Philadelphia OR Baltimore

Technically Media

Technical.ly Editorial Intern (Fall 2019)

Apply Now

Sign-up for daily news updates from Technical.ly Baltimore

Do NOT follow this link or you will be banned from the site!