Women Entrepreneur Focused Program Launches $100M Credit Fund

May 14, 2015 the Denver Post reported on EBW2020’s newest program.

16946640111_cc68541c3f_oEmpowering a Billion Women by 2020, a program started by Dell’s entrepreneur-in-residence, is launching a software and financing package to help grow women-led startups.

The “Business in a Box” launch was announced Thursday morning with a further unveiling during EBW2020’s workshop later at Galvanize’s 1644 Platte St. offices in Denver.

Officials from the U.S. Patent and Trademark office and business partner Xero flew in for the Denver event.

“Denver is like a shining star,” said Ingrid Vanderveldt, founder of the Austin, Texas-based EBW2020. “You guys are leading in terms of women’s entrepreneurship in the U.S.”

EBW2020’s mission is to help provide $1 billion of credit by 2020 to fast-growth, women-led businesses. The $100 million IV Credit Fund, announced Thursday, is the first step in those efforts and expected to provide debt-funding for participating businesses for the next 12 months, Vanderveldt said.

The IV Credit Fund’s portfolio is expected to consist of fast-growth startups with women holding the majority of “C-Suites” executives positions.”  To continue reading the article in the Denver Post, click here. 

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