The Red Backpack Grant Fund

The Spanx by Sara Blakely Foundation has created the Red Backpack Grant Fund, which offers 1,000 grants of $5,000 each to female entrepreneurs in the U.S. Recipients will also receive a “lucky” red backpack and a free annual all-access pass to 80+
MasterClass instructors (providing entrepreneurship classes).

NOTE: The first round of applications opened on April 6 and closed on April 12. Additional applications will be accepted on May 4, June 1, July 6, and August 3.

A business is eligible for this grant program if it:

  1. Is primarily women-owned;
  2. Has annual revenues less than $5 million;
  3. Has 1-49 employees on staff; and
  4. Can demonstrate that COVID19 has caused economic
    hardship.

For more information about the Red Backpack Fund, click
here
.

Sign up to be notified when the application reopens.