{"id":92587,"date":"2023-06-21T08:35:36","date_gmt":"2023-06-21T15:35:36","guid":{"rendered":"https:\/\/spring.is\/old\/partners\/uvx-wins-spring-activators-health-impact-investor-challenge-copy\/"},"modified":"2023-06-21T15:25:26","modified_gmt":"2023-06-21T22:25:26","slug":"2023-women-led-impact-investor-challenge-now-open","status":"publish","type":"post","link":"https:\/\/spring.is\/old\/news\/2023-women-led-impact-investor-challenge-now-open\/","title":{"rendered":"2023 Women Led Impact Investor Challenge Now Open for Applications"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"92587\" class=\"elementor elementor-92587\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-e9edd28 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"e9edd28\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-40dea18\" data-id=\"40dea18\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-aef4fc4 elementor-widget elementor-widget-text-editor\" data-id=\"aef4fc4\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.16.0 - 13-09-2023 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<h4 dir=\"ltr\" style=\"text-align: center;\"><b>Spring Activator is thrilled to announce the launch of the second Women Led Impact Investor Challenge (IIC) presented by the TELUS Pollinator Fund,\u00a0 to grow the impact investor community and fund early-stage impact founders with a gender lens focus.<\/b><\/h4>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-e2e2af9 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"e2e2af9\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-0b0598b\" data-id=\"0b0598b\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0c528d5 elementor-widget elementor-widget-spacer\" data-id=\"0c528d5\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.16.0 - 13-09-2023 *\/\n.elementor-column .elementor-spacer-inner{height:var(--spacer-size)}.e-con{--container-widget-width:100%}.e-con-inner>.elementor-widget-spacer,.e-con>.elementor-widget-spacer{width:var(--container-widget-width,var(--spacer-size));--align-self:var(--container-widget-align-self,initial);--flex-shrink:0}.e-con-inner>.elementor-widget-spacer>.elementor-widget-container,.e-con>.elementor-widget-spacer>.elementor-widget-container{height:100%;width:100%}.e-con-inner>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer,.e-con>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer{height:100%}.e-con-inner>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer>.elementor-spacer-inner,.e-con>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer>.elementor-spacer-inner{height:var(--container-widget-height,var(--spacer-size))}.e-con-inner>.elementor-widget-spacer.elementor-widget-empty,.e-con>.elementor-widget-spacer.elementor-widget-empty{position:relative;min-height:22px;min-width:22px}.e-con-inner>.elementor-widget-spacer.elementor-widget-empty .elementor-widget-empty-icon,.e-con>.elementor-widget-spacer.elementor-widget-empty .elementor-widget-empty-icon{position:absolute;top:0;bottom:0;left:0;right:0;margin:auto;padding:0;width:22px;height:22px}<\/style>\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-523f536 elementor-widget elementor-widget-text-editor\" data-id=\"523f536\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"color: #000000;\">Women founders in Canada are vastly underestimated and underfunded, receiving only 2.3% of venture capital funding. To actively address this challenge, the&nbsp;<a style=\"font-size: 16px; background-color: #ffffff; color: #000000;\" href=\"https:\/\/www.telus.com\/en\/pollinatorfund\"><span style=\"font-size: 16px;\">TELUS Pollinator Fund <\/span><\/a>and Spring Activator are launching their second Women Led Impact Investor Challenge. This program focuses on promoting gender diversity within the impact investor and startup ecosystem by nurturing connections between impact investors and women founders. Startups in the challenge will be impact-driven, creating solutions that prioritize climate, sustainable agriculture, inclusive communities and other critical needs. This year\u2019s challenge runs from September to November culminating in a finale where one woman founder will be selected to receive a minimum $200K investment in their impact startup.<\/span><\/p>\n<p><span style=\"color: #000000;\">Spring Activator recognizes the impact of start-ups founded and led by women. These startups have been shown to provide innovative solutions for underserved markets, generate stronger returns and practice better risk management. At the pitch finale for the first Women Led Impact Investor Challenge in 2022,&nbsp;<\/span><a href=\"https:\/\/www.voxcellbio.com\/\" style=\"font-size: 16px; background-color: rgb(255, 255, 255); color: rgb(32, 145, 153) !important;\">Voxcell BioInnovation Inc.<\/a><span style=\"font-size: 16px;\">&nbsp;<\/span><span style=\"font-size: 16px; color: rgb(0, 0, 0);\">walked away with a $293,000 investment from the cohort of impact investors. Led by Dr. Karolina Valente, Voxcell opened a $1M round in April 2023, and was one of only four Canadian companies to be named one of the TiE Silicon VAlley&#8217;s prestigious Startups of the Year.<\/span><span style=\"font-size: 16px;\">&nbsp;<\/span><span style=\"color: rgb(0, 0, 0); font-size: 16px;\">To build momentum for women founders seeking investment capital, this fall Spring Activator will facilitate the second Women Led Impact Investor Challenge (IIC)&nbsp; presented by the TELUS Pollinator Fund, to empower impact investors to fund women founders whose startups are improving our world through purpose-driven innovation.&nbsp;<\/span><\/p>\n<p><span style=\"color: #000000;\">Building diversity in the investment community is a priority for the Telus Pollinator Fund as it\u2019s critical to ensuring capital flows to underserved founders. With only 19.4% of partners at Canadian venture capital firms being women, the Challenge aims to bring forward a new cohort of investors that are equipped to make impact investments that recognize the strength&nbsp; diversity brings to the ecosystem.<\/span><\/p>\n<p><span style=\"color: #000000;\">Through its design, the Women Led Impact Investing Challenge will develop the overall impact ecosystem, increasing demand by building the capacity of women led founders while boosting supply by training investors to deploy capital into women led startups. Throughout the program, investors and founders learn hand in hand as they go through the investment process while supported by a community of like-minded peers and mentors. The program includes a custom curriculum delivered by guest speakers and subject matter experts to increase investment knowledge, trigger capital and drive purposeful innovation. New this year is an exclusive founders bootcamp to provide support, tools and resources to prepare women founders to pitch and raise early stage financing.&nbsp;<\/span><\/p>\n<p><span style=\"color: #000000;\"><i>\u201cSpring is thrilled to partner with the TELUS Pollinator Fund for our second Women Led Impact Investor Challenge. Last year, I saw first hand the power this unique program has to create a diverse community of active impact investors and phenomenal women led ventures across Canada. Designed explicitly to support women and non-binary entrepreneurs to secure values-aligned capital to scale their businesses &#8211; and impact &#8211; this is a much needed catalyst to address the stark disparity in the funding of women led ventures across the country.\u201d <\/i>&#8211; Caroline von Hirschberg, Co-CEO, Spring Activator.<\/span><\/p>\n<p><span style=\"color: #000000;\"><i>\u201cAs one of the world\u2019s largest corporate social impact funds, the TELUS Pollinator Fund views diversity as a key pillar of its investment thesis, with 42 per cent of its portfolio companies led by women and 54 per cent led by Indigenous and racialized founders,\u201d<\/i> said Blair Miller, Managing Partner, TELUS Pollinator Fund.<i> \u201cWe\u2019re proud to once again collaborate with Spring to help generate some much needed attention for women led startups and founders, helping shape an investment ecosystem with a more inclusive and diverse mindset.<\/i><\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-61a8229 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"61a8229\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-649d7c2\" data-id=\"649d7c2\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-999b85c elementor-widget elementor-widget-spacer\" data-id=\"999b85c\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-60b53eb elementor-widget elementor-widget-heading\" data-id=\"60b53eb\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.16.0 - 13-09-2023 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h3 class=\"elementor-heading-title elementor-size-default\">About the Women Led Impact Investor Challenge<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0b5232b elementor-widget elementor-widget-text-editor\" data-id=\"0b5232b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">The Women Led IIC was created because women founders in Canada are still vastly underestimated. Although, according to the <\/span><a href=\"https:\/\/wekh.ca\/data\/\"><span style=\"font-weight: 400;\">Women Entrepreneurship Knowledge Hub<\/span><\/a><span style=\"font-weight: 400;\">, 15.6 per cent of small and medium-sized enterprises (SMEs) in Canada are owned by women, 50 per cent of business created today are created by women, yet 90 per cent of venture capital (VC) deals go to companies founded by men, 92.7 per cent of women owned businesses are micro firms and 60 per cent of the time investors will invest in pitches done by men over women. The Women Led IIC was created to address this. <\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-0991d75 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"0991d75\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-07478c2\" data-id=\"07478c2\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-239ef3c elementor-widget elementor-widget-image\" data-id=\"239ef3c\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.16.0 - 13-09-2023 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.telus.com\/en\/pollinatorfund\">\n\t\t\t\t\t\t\t<img decoding=\"async\" loading=\"lazy\" width=\"400\" height=\"150\" src=\"https:\/\/spring.is\/old\/wp-content\/uploads\/2021\/11\/1.png\" class=\"attachment-large size-large wp-image-86219\" alt=\"\" srcset=\"https:\/\/spring.is\/old\/wp-content\/uploads\/2021\/11\/1.png 400w, https:\/\/spring.is\/old\/wp-content\/uploads\/2021\/11\/1-300x113.png 300w, https:\/\/spring.is\/old\/wp-content\/uploads\/2021\/11\/1-100x38.png 100w, https:\/\/spring.is\/old\/wp-content\/uploads\/2021\/11\/1-360x135.png 360w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<div class=\"elementor-element elementor-element-bbd846f elementor-widget elementor-widget-text-editor\" data-id=\"bbd846f\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 300;\"><span style=\"color: #333333;\">The $100 million TELUS Pollinator Fund is one of the world\u2019s largest corporate social impact funds, and focuses its investments on for-profit companies and founders committed to driving social innovation. The TELUS Pollinator Fund is an extension of TELUS\u2019 long-standing commitment to leveraging the power of technology to drive positive social and environmental outcomes for all Canadians by funding the development of solutions for transforming healthcare, caring for our planet, supporting responsible agriculture and enabling inclusive communities. Learn more about the<\/span> <a href=\"http:\/\/telus.com\/pollinatorfund\">TELUS Pollinator Fund<\/a>.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1906ba8 elementor-widget elementor-widget-spacer\" data-id=\"1906ba8\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f526af9 elementor-widget elementor-widget-heading\" data-id=\"f526af9\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Learn more and apply<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0469d81 elementor-widget elementor-widget-text-editor\" data-id=\"0469d81\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">If you&#8217;re an impact investor or woman founder interested in participating in the Women Led Impact Investor Challenge you can learn more <a href=\"https:\/\/spring.is\/old\/programs\/impact-investor-challenge\/\">here.<\/a><\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-620ec42 elementor-widget elementor-widget-spacer\" data-id=\"620ec42\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Spring Activator is thrilled to announce the launch of the second Women Led Impact Investor Challenge (IIC) presented by the TELUS Pollinator Fund,\u00a0 to grow the impact investor community and fund early-stage impact founders with a gender lens focus. Women founders in Canada are vastly underestimated and underfunded, receiving only &hellip;<\/p>\n","protected":false},"author":15,"featured_media":94924,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30,1227,1229,1232,23,1226],"tags":[509,223,754,525,317,1231,1213,1252],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>2023 Women Led Impact Investor Challenge Now Open<\/title>\n<meta name=\"description\" content=\"Empowering impact investors to fund women founders whose startups are improving our world through purpose-driven innovation.\" \/>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"2023 Women Led Impact Investor Challenge Now Open\" \/>\n<meta property=\"og:description\" content=\"Empowering impact investors to fund women founders whose startups are improving our world through purpose-driven innovation.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/spring.is\/old\/partners\/2023-women-led-impact-investor-challenge-now-open\/\" \/>\n<meta property=\"og:site_name\" content=\"Spring Activator\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/SpringImpact\/\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/SpringImpact\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-06-21T15:35:36+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-06-21T22:25:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/spring.is\/old\/wp-content\/uploads\/2022\/11\/FINAL_Apply_2023_Women_Led_IIC_Email_Blast-560-\u00d7-280-px-2.png\" \/>\n\t<meta property=\"og:image:width\" content=\"560\" 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