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Application Process

Application Process

In this section, you will find everything you need to know about the Cartier Women's Initiative's application process and selection process. Businesses led by women entrepreneurs, in the initial stages of their development & growth operating in any country and industry are welcome to apply.

FOLLOWING THE CANCELLATION OF THE AWARDS CEREMONY IN BOSTON, CARTIER WILL BE ANNOUNCING THE LAUREATES FOR THE 2020 EDITION VIRTUALLY ON JUNE 15, 2020. THE CALL FOR APPLICATIONS FOR THE 2021 EDITION WILL OPEN ON JUNE 4, 2020 AND CLOSE ON JULY 31, 2020. 

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WHY APPLY?

The 21 fellows, representing the top three businesses from each of the seven regions, will receive:
 

FINANCIAL CAPITAL SUPPORT

• US$ 100,000 grant for each of the 7 laureates (top business from each region)
• US$ 30,000 grant for each of the 14 finalists (2nd and 3rd runner-up businesses from each region)

 

HUMAN CAPITAL SUPPORT

Our fellowship programme1769zyz资源在线视频 focuses on several key areas of human capital support for women impact entrepreneurs, including developing a strategic financial mind-set, speaking to inspire and scaling social impact.

• Community peer learning sessions

• ‘Strategic financial mind-set’ module that aims to support fellows in building their roadmap for growth

1769zyz资源在线视频• ‘Speaking to inspire’ communication module that focuses on leadership presence and media training

1769zyz资源在线视频• Strategy mentoring module developed by our academic partner INSEAD business school that supports fellows in refining their business strategies

• A scholarship to attend a one-week INSEAD Social Entrepreneurship Programme pending admission based on INSEAD’s eligibility criteria and selection process

For more information, please consult the Fellowship section.

 

SOCIAL CAPITAL SUPPORT

1769zyz资源在线视频Throughout the programme, we will strive to highlight the social impact created by our fellows and bridge connections between women impact entrepreneurs and their supporters.

1769zyz资源在线视频• International exposure & media visibility

• Access to an online & offline community of 500+ experts and peers

• Ongoing support for the development of the fellows’ businesses

APPLICATION PROCESS

ELIGIBILITY CRITERIA

The Cartier Women’s Initiative is looking for women-run and women-owned impact-driven businesses. Entrepreneurs across all sectors and from around the world are encouraged to apply.

To be considered for the Awards, the applicant’s business must meet the following eligibility criteria:

• For-profit:1769zyz资源在线视频 the business should be designed to generate sufficient revenues to support its operations and return some level of profit to its owners. Non-profit enterprises are not accepted.

• Early stage: the business should have a proven business model and be in the initial phase of its development and growth (between 1 and 5 years of licensed/registered operations). For the 2021 edition, we are looking for businesses that have been incorporated between August 2015 and August 2019. Moreover we are focused on companies that are majority owned by founders and employees at the time of application.

• Revenue generation:1769zyz资源在线视频 the business should currently be generating revenue from the sales of its products and/or services for at least 1 year as of the date of application. It is understood that a business that is generating revenue is not necessarily profitable in its first years of operations.

• Fundraising:1769zyz资源在线视频 the business should not have raised more than US$2 million in dilutive funding. The Awards cap the funds raised in order to ensure that the businesses selected fall within a similar range of development.

• Impact: the business should meet at least one of the United Nations Sustainable Development Goals (SDGs). The  are a collection of 17 global goals set by the United Nations General Assembly in 2015 for the year 2030. The SDGs are a call for action by all countries to promote prosperity while protecting the environment. They cover a series of social, economic, and environmental development issues.

Leadership:  A woman must fill the main leadership position, for example as CEO, General Manager or Director of the company.

Ownership1769zyz资源在线视频: The founder needs to be a woman and she must be the largest shareholder of founder equity in the company or own a share at least equal to that of her cofounder(s).

• Legal entry age: The lead entrant must be 18 on the day of the application deadline.

• English proficiency: A good command of the English language is required (both verbal and written). We require the 1769zyz资源在线视频 Level B2 and above. This level requires an understanding of the main ideas of complex text, technical discussion in business and your field of specialization and an ability to interact with fluency and spontaneity with native speakers.

• Time commitment:  The candidate must commit to dedicating up to 4 hours/week virtually for the duration of the fellowship programme and to attending one week of in-person preparatory training (date TBC).

ADDITIONAL DOCUMENTS

To apply to the Awards, you need to complete the online application form1769zyz资源在线视频 and provide the supporting documentation listed below.

Compulsory

• Your resume
• Your business registration document
1769zyz资源在线视频• Your pitch deck: we are not looking for a specific format, just submit an existing pitch deck that accurately describes the impact of your business. This can be an investor presentation or a product presentation (no more than 15 pages max.).

• A one-minute video of yourself in which you answer the following questions:

1769zyz资源在线视频   - What is your motivation behind solving the problem that you have identified?

   - What is the impact you wish to create through your solution?

   - What do you wish to gain/contribute to the Cartier Women’s Initiative community?

Optional
• 3 additional attachments of your choice : image of product, brochure, press, article, research, etc.

These documents must be submitted on the online portal in the "Attachments" section and cannot be sent separately by email.

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SELECTION PROCESS

SELECTION CRITERIA

1769zyz资源在线视频The Jury evaluates the applications based on the following criteria:

1769zyz资源在线视频• Market analysis & fit

• Financial & business model sustainability

• Leadership team & character of founder

• Strategy & execution

• Embedded positive social impact

• Commitment to Cartier Women's Initiative

1769zyz资源在线视频• Quality of submission

To view the detailed scoresheet used by the jury to evaluate your business, click here for round n°1 and here for round n°2.

 

SELECTION PROCESS

The selection process is divided into two rounds: the finalists' selection and the laureates' selection.

• Round 1:1769zyz资源在线视频 The jury selects 21 finalists, the top three applicants of each region (Latin America & the Caribbean, North America, Europe, Sub-Saharan Africa, Middle East & North Africa, East Asia, South Asia & Oceania), on the basis of their application form.

• Round 2: The finalists are invited to the final round, which includes submitting further business information and presenting their business in front of their regional jury panel during the preparatory training week. Based on the selection criteria, one laureate for each of the seven regions is selected. The announcement of the 7 laureates will take place during the Awards Ceremony.

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