Inspired by her own experience as a business owner and working mother, designer Tory Burch launched the nonprofit Tory Burch Foundation (TBF) in 2009. The Foundation supports the economic empowerment of women entrepreneurs and their families in the U.S. through small business loans, mentoring programs and entrepreneurial education.
TBF's first partner Accion, a national nonprofit microlender, administers the Tory Burch Foundation Fund, providing loans ranging from $500 to $50,000. Accion offers both access to capital and financial education to low- and moderate-income individuals, primarily minorities and women.
In order to support women entrepreneurs as they start and grow their businesses, TBF established a mentorship program in 2010. At mentoring events, primarily in the U.S., TBF matches leading business experts from a range of industries with entrepreneurs in need of coaching or advice. These programs provide invaluable networking and peer collaboration opportunities as well. TBF also partners with Women’s Initiative for Self Employment, a national microenterprise training and funding organization, to provide entrepreneurship training and guidance for high-potential, low-income women.
In 2012, the Tory Burch Foundation launched its entrepreneurial education program in partnership with Goldman Sachs 10,000 Small Businesses, LaGuardia Community College and Babson College. Classes are customized specifically for early-stage, women-owned businesses with the passion and potential for growth.
Tory believes that women are our best investment, and TBF looks forward to expanding its efforts in order to help them achieve their goals.
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Speech coach Margo Krasne helped our business education program graduates to speak confidently about their companies. Here, she offers useful tips for all orators out there.
Introducing the 33 women entrepreneurs enrolled in our second business education program in partnership with Goldman Sachs 10,000 Small Businesses, Babson College and LaGuardia Community College.
WOMEN TO WATCH
Sophia Amoruso took an eBay page filled with vintage finds and turned it into a booming online retailer, Nasty Gal, filled with a well-curated mix of new and vintage fashion.