From Babson College:
Babson College’s Center for Women’s Entrepreneurial Leadership and Breakaway, a Boston-based branding company, announced that they will begin accepting applications for the Babson Breakaway Challenge on Monday, Oct. 5. The objective of the challenge is twofold: help women entrepreneurs see their businesses launch successfully and create opportunities for women to enter the venture capital industry.
The winning entrepreneur team will receive $250,000 for their business, plus marketing services. The challenge is open to consumer businesses where at least 50 percent of the founding team are women active in the company, have less than $500,000 in revenue, cannot have raised more than $250,000 in outside funding by March 2016, and have the ability to participate in the Challenge’s programming that takes place in New England.
In addition to the business competition, the Babson Breakaway Challenge is also looking for women to apply to the program as potential venture capital apprentices.