Invest Together in Women-Led Impact (Founders)

Invest Together in Women-Led Impact (previously the Women-Led Impact Investor Challenge) brings purpose-driven founders together with like-minded, supportive impact investors to learn about impact investing as a joint cohort. Spring has thoughtfully designed a successful program that addresses the unique challenges women and non-binary founders face as they raise funds in spaces where they are consistently underrepresented and excluded.

Together, the founders and investors will learn about impact measurement, due diligence and more in practice while building relationships. Selected founders will be invited to continue to the next stages in the Challenge, culminating in a pitch finale where one company takes home a pooled cohort investment of approximately $100K.

Typically, one company is selected but that doesn’t mean they’re the only winner (no seriously, we’re not being cheezy). All of the participants will gain connections, key materials and a community of purpose-driven founders & investors that every participant can leverage outside of the program.

This program is valued at $3199, but it’s free of charge for you thanks to our incredible sponsors and partners who want you to succeed. Applications close December 13th but we’re evaluating them on a rolling basis, so submit soon!

Through Invest Together, you can expect to:

Have the opportunity to be chosen for approximately $100K in dilutive funding
Join a supportive, like-minded community of impactful founders & investors
Get invaluable analysis and insights on your due diligence materials & investment memo, which support you within the program and beyond
Pitch in a safe environment without the bias & BS (and learn how to manage it in other pitches)
Participate online from wherever you are – no relocation required
Get access to our Spring Perks Platform, providing over $1M in discounts on must-have services like Google Workspace, Hubspot, Slack, accounting support and more

We define “women-led” as any or all of the following:

A woman or non-binary person with significant ownership of the business – ideally 50% or more, with a minimum 33% ownership.
A woman or non-binary person holds the title of CEO, CTO or COO
A woman or non-binary person conducts a majority of the fundraising activities for the company.
Women and non-binary people from BIPOC communities will be prioritized.

Your company must be solving a social or environmental issue and contributing to one or more of the UN Sustainable Development Goals. All sectors are welcome, with the following being prioritized:

Food Security
Responsible Consumption & Production
Health & Well-Being
Reduced Inequalities
Education

You are seeking pre-seed to seed funding and are an incorporated Canadian company that is a private issuer according to Canadian securities laws.

How can being part of Spring and Invest Together help your company? Some of our previous winners share their experiences as impact founders and Spring alum, including Dr. Karolina Valente of VoxCell BioInnovation who walked away with $293K from the 2022 Women-Led IIC.