C a l i f o r n i a , U S A -
Apple’s new program aims to help women-led businesses leverage technology to make a meaningful impact for their customers. |
Cupertino, California — Apple recently announced the launch of the all-new Entrepreneur Camp, a first-of-its-kind initiative designed to create new opportunities for app-driven businesses owned or led by women through an intensive technology lab, specialised support and ongoing mentoring.
To be eligible for the program, applying app-driven businesses must be female-founded, co-founded or led and have at least one woman on the development team — as well as a working app or prototype and desire to leverage Apple technologies to benefit their mission. The program’s pilot session, beginning in January 2019, is now accepting applications.
As part of the program, cohorts will travel to Apple’s campus in Cupertino for two weeks of hands-on training and programming. |
“This is a program that matters,” said Gina Bianchini, investor and founder and CEO of Mighty Networks. “The new Entrepreneur Camp says Apple wants to invest its expertise in a different, richer, more diverse range of app developers and product experts in a meaningful way, and that is a big deal for the industry.”
Entrepreneur Camp will hold sessions on a quarterly basis, with a cohort of 20 app companies accepted for each round. The pilot session will include 10 companies.
Apple Entrepreneur Camp sessions will be held once a quarter, with each cohort comprising participants from 20 companies. |
Female entrepreneurs continue to face challenges obtaining funding, training and support in the VC landscape — receiving US$1.9 billion in funding in 2017 compared to US$83.1 billion for men. Despite such obstacles, women-owned businesses are growing more than two times faster than the US national average, with women-led tech startups delivering a 35 per cent higher return on investment than tech startups led by men.
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