Female startup founders and women-focused enterprises are being called to compete on the national stage of a worldwide competition with the potential to earn financing, training, and mentoring to propel their businesses forward.
A worldwide acceleration platform for women in technology is seeking female founders to compete in its annual startup competition, with rewards totaling $500,000 for the winners.
She Loves Tech: Open Call for Female Founders to Participate in Global Competition
She Loves Investment Fund is giving up to $100,000 in direct investment to winning entrepreneurs. Teja Ventures and ADB Ventures have also agreed to provide a total of $25,000 in cash prizes for the contest’s eighth episode.
Submissions for the Asia round of the competition for women-led company entrepreneurs are available until August 20. Female entrepreneurs of early-stage startups seeking seed, angel, or A round investment (under $5 million) are allowed to apply. Startups with a majority of female users and women-impacted technologies are also encouraged to submit.
A worldwide acceleration platform for women in technology is seeking female founders to compete in its annual startup competition, with rewards totaling $500,000 for the winners.
Furthermore, the She Loves Investment Fund grants up to $100,000 in direct investment to winning firms. Teja Ventures and ADB Ventures have also agreed to provide a total of $25,000 in cash prizes for the contest’s eighth episode.
Submissions for the Asia round of the competition for women-led company entrepreneurs are available until August 20. Female entrepreneurs of early-stage startups seeking seed, angel, or A round investment (under $5 million) are allowed to apply. Startups with a majority of female users and women-impacted technologies are also encouraged to submit.
She Loves Tech 2022
In late October, selected startups will attend a week-long Bootcamp. This includes themes such as product-market fit, innovation, and finance, as well as mentorship, training, and access to tech investors and influencers.
She Loves Tech is the national round of the competition, which targets 20% of the country’s female founders as part of the Global Competition Series. Smart Farm Assistance, Peth Yoeung, and DataU Academy, three Phnom Penh digital firms, won the competition in 2020. The former went on to represent Cambodia in the global championships.
Meng Sreylin, the co-founder of Smart Farm Assistance, shared her experience,
“I got training to develop the pitch deck and pitching skills. I met different mentors and they gave me advice to point out the solutions and I met startup founders from about 20 countries.”
She also added,
“Despite not winning the top prize in the global round, building new friendships with founders from Thailand and Vietnam was a part of the tech ecosystem.”
The agritech firm created a computerized agricultural gadget. For rural farmers, the smart gadget remotely regulates the irrigation system.
The Cambodian female founder said,
“We met with farmers who are interested in our solution, which brings positive impact for water management. Our solution helps farmers to save more time, save water resources, and they can have more time to do other work.”
The Cambodian local host and co-organizer Raintree stated,
“We aim to select the most promising technology startup and further polish it through tailored mentorship with industry experts, before sending the team to represent Cambodia on an international stage,”
She Loves Tech co-founders, Rhea See, Leanne Robers, and Virginia Tan had stated earlier in 2021,
“Women entrepreneurs often do not receive the recognition and support they deserve in the startup and tech space, and this is reflected in the huge funding gap that currently exists,”
She Loves Tech, an organization dedicated to reducing the financing gap for female entrepreneurs, wants to raise more than $1 billion in capital for women-led enterprises by 2030. More than 8,000 entrepreneurs from more than 70 different countries have participated since 2015.