Tag Archive for Women in Business

Powerful women share their secrets for becoming business industry leaders.

Closing the Covid-19 Gender Gap

by Debby Carreau • October 2, 2020 • 0 Comments

Women disproportionately face both economic and health risks as a result of Covid-19.

Minority-owned salons given access to funding during COVID-19

by DiversityQ • May 20, 2020 • 0 Comments

Originally written by DiversityQ on Small Business
As part of their global Community Commerce business model, SheaMoisture UK has launched a £40,000 fund to support UK minority-owned salons to survive COVID-19, as reports show that minority ethnic communities have been disproportionately affected by COVID-19.
The move comes after the success of the 1 Million Dollar Community Commerce Fund that was launched in April to support minority businesses in the USA.
How the fund works
The SheaMoisture UK Community Commerce Salon Relief Fund will gift three grants of £10,000 to three separate minority-owned salons, and five grants of £2,000 to five different salon owners. The grants will be allocated based on how their business supports the local community, how the funds will benefit their staff and business, and if they can demonstrate that they have positively adapted to COVID-19. This includes moving elements of their business online, donating to local hygiene banks or more.
From 18th May – 31st May 2020, minority-owned salons are being encouraged to enter the fund via social media at SheaMoisture UK’s Instagram page @SheaMoistureUK, and via this survey.
Winners of the fund will be selected by an expert judging panel comprising, editorial and celebrity Hairstylist Stefan Bertin, entrepreneur and founder of Treasure Tress, Jamelia Donaldson and natural hair

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Where female entrepreneurs can get a business loan

by Anna Jordan • March 5, 2020 • 0 Comments

Originally written by Anna Jordan on Small Business
In the run-up to International Women’s Day 2019, the government-backed Rose Review found that only one in three UK entrepreneurs were female. It also highlighted that access to loans and other capital was a major barrier to business success for women.
One year on, the Progress Report rounds up initiatives that have been introduced. Key advances include an Investing in Women Code and an increase in investment vehicles to promote more funding going to women entrepreneurs.
But when it comes to securing a loan, it’s much the same for any small business owner: shop around, be honest with your provider and look beyond the headline figures. It does help your chances if your business is in a certain industry like the tech sector or if you’re aiming to make a positive impact.
The business loans listed below aren’t exclusively for women – though some providers include them in pages titled ‘business loans for women’, which is misleading.
They may not have specific offerings, but these companies have shown at least some interest in encouraging women entrepreneurs. We’ve gone for providers that have pro-women initiatives like female entrepreneur campaigns, dedicated funds and focused social media coverage.
High street banks
Some