Friday, March 30, 2012

Winning Women

The deadline is April 30 for applicants to the 2012 Ernst & Young Entrepreneurial Winning Women competition. You can apply for yourself or nominate a deserving woman entrepreneur.

I've written in the past about how few women enter business contests. In fact, so few enter general business contests that sponsors like Ernst & Young have created programs specifically for women.

Now, a case study from Babson College shows that contest winners have created significant job and revenue growth during the worst years of the recession. Program participants’ companies have grown almost 50 percent each year on average, with a corresponding average annual job growth rate of more than 25 percent, according to the case study.

To apply for the program, applicants must fit the following criteria:

Founding woman CEO of a privately held US company
Company must have reported at least $1 million in sales within each of the last 2 years
Venture must be less than 10 years old
Entrepreneur must be able to attend an orientation and coaching session in New York City on October 10-11, 2012, and the Ernst & Young Strategic Growth Forum, November 14-18, 2012, in Palm Springs, CA.

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