Lifetime Investment in Women-Owned Businesses
Luminary’s renowned Fellowship Program provides companies the opportunity to support both women-owned and women-of-color-owned businesses with access to mentorship, business tools and capital. While financial support may help in the short-term, our Fellowship Program invests in small business owners for the long-term, delivering the necessary tools they need to run, maintain, manage and grow their businesses. A check helps these businesses for a day—investing in a Luminary membership provides for a lifetime. |
Did you know...
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Now spanning more than 50 cities, 5 countries and awarded to more than 75% women-of-color owned businesses, we're creating an ecosystem of support and delivering impact supporting over 1,800 women-owned businesses with our Fellowships. Regardless of location, industry or size of company, each Luminary Fellowship delivers access to:
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Help Women Overcome The Challenges of Owning a Business
Women-owned businesses need more than capital to survive and thrive. They need access to ongoing education, coaching/mentoring, community, networks, guidance and exposure in order for them to build and prosper.
Corporations are partnering with Luminary to help women overcome the challenges faced throughout the country.
Market misperceptions Women entrepreneurs’ competency and market knowledge is routinely disregarded, including market opportunities they identify. Network exclusion Women entrepreneurs often experience limited, gender-based access to established social and business networks, creating less access to knowledgeable mentors, ongoing education and capital expansion resources. |
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Managing expansion while underfunded Barriers to start-up and growth capital create new, ongoing challenges, including constraints on funding for recruitment, access to new markets and overall scalability and expansion. Revenue growth Despite women owning 40% of all the businesses in the U.S., less than 2% of women-owned businesses generated more than $1 million in sales (and that percentage is even lower when you only look at women of color-owned businesses). |
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