During 2021 GLOW4equality secured different types of funding for our coaching program, empowering women to empower others. The past months public funding from Swedish Tillväxtverket and by the Bank foundation Sparbanksstiftensen. As of this financing, together with Business Partners and Crowdfunding, financing for the three first coaching groups is secured, our pilot-study.
Crowdfunding is, just as it sounds, is when a large group of individuals help with small sums to finance something, instead of a few investors contributing with a larger sum. GLOW4equality is a social business startup financed by a combination of public funding, philanthropists, Crowdfunding and business partners. We’re delighted to already have secured around 20 business partners and partial public funding this past year and now launch our first Crowdfunding-campaign.
The Swedish woman Sigrid Strand had an eye for the need for innovations and technical solutions and she noticed that women generally did not tackle the problems in the same way as men. She founded Sigrid Strand foundation that each year hands out a scholarship to a female inventor in Jämtland, Sweden, to help and empower innovative women and at the same time push development of the region’s entrepreneurship.