Sara Blakely, founder of SPANX is donating $5 million to female entrepreneurs to help their business, families, and employees to alleviate the pressures caused by the COVID-19 pandemic.
The Red Backpack Fund will provide 1,000 female business owners with $5,000 in funding each. In addition to the funding, each woman will also receive a “lucky” red backpack and a free annual All-Access Pass to all 80+ MasterClass instructors including Blakely’s class on entrepreneurship.
The next application rounds will open on June 1, July 6, and August 3.
Click here to learn more.