NEW YORK, March 27, 2020 / PRNewswire / – During a virtual presentation on Wednesday evening Kerri Quiqley, The place of fashion, https://thefashionclass.com/ moved back $ 25,000 Visionary Award. Ms. Quigley was selected by the judges from among four finalists in the WEALF Program for Women Entrepreneurs. The award went to the business owner who could best envision the accelerated growth of her business with a $ 25,000 investment. Each candidate had to submit a detailed feasibility plan accompanied by financial and marketing support.
The finalists, Autumn Adeigbo, https://autumnadeigbo.com/; Annabelle santos https://spadet.com/; and Grace Tappin, https://www.movewithgrace.com/; each received a $ 2,500 price. The judges, eminent business leader, were Yanki Tshering, founder, Business Center for New Americans; Jill johnson, CEO, Institute for Entrepreneurial Leadership: Lorine Pendleton, Portfolio Rising America Fund; Catherine swintek, Management partner, Gold Seeds; Denise Kellen, member of the board of directors of WEALF, and Sybil Waland, Managing Partner, Consumer Dynamics.
Vicki Weiner, Founder of WEALF said: “The Visionary Award comes at a particularly important time when our women are in survival mode. The award is a vote of confidence and a tribute to the amazing strength of our female entrepreneurs who turn their business dreams into reality despite enormous obstacles. . We are continually looking for ways to help our women become financially independent. These difficult times call for inventive approaches. “In their remarks, each of the four finalists described their management strategy during the CV-19 crisis.
WEALF started in 2013 as an alternative nonprofit funding source for New York City women entrepreneurs who had neither the collateral nor the guarantor for traditional loans. WEALF interest-free loans are coupled with one-on-one mentoring. Experienced mentors offer encouragement, advice and direction to other resources needed to stimulate business growth and help these women become solvent and financially self-sufficient. To date, WEALF has provided approximately $ 480,000 in loans to more than 50 companies. It has an enviable 95% recovery rate.
WEALF looks beyond zip codes, nationality and age to determine loan eligibility. “Our women share an unwavering determination to succeed,” said Ms. Weiner. WEALF women own successful businesses in a variety of industries including food, fashion, film, healthcare, childcare, professional services, pets, and hospitality. “Each deserves to be recognized for their commitment to their business and contribution to the community. The award is for all women who participate in the program.”
www.wealf.org or contact Vicki Weiner at 917 714 2133 or [email protected].
SOURCE Women’s Enterprise Action Loan Fund (WEALF)