Program areas at Tory Burch Foundation
Capital:capital program powered by bank of americathe Tory Burch Foundation capital program powered by bank of america provides women entrepreneurs in the united states the opportunity to access affordable loans through community development financial institutions. The loans are made to women entrepreneurs operating early-stage ventures in all industries. [see schedule o for continuation]capital:women of color grant programthe women of color grant program provides $10,000 and $20,000 grants to women of color-owned businesses. These entrepreneurs also receive access to education and community in partnership with the fearless fund. Nestthe Tory Burch Foundation partnership with nest provided repayable grants to women artisans and makers in select cities in the u.s. as of fy23, the Foundation has supported artisans through the nest revolving maker fund supported by the Tory Burch Foundation. This program concluded in july 2023.
Campaigns and events:seed boxes the Tory Burch Foundation curates a selection of products made by women owned businesses into one seasonal gift box. Designed to help promote the featured founders' brands.
Fellowships:fellows programthe Tory Burch Foundation fellows program is a national program for early-stage women entrepreneurs. Women entrepreneurs from across the united states submit applications online. 50 women entrepreneurs are selected annually. Each fellow receives one-year of virtual education programming, workshops and business guidance, a $5,000 grant for business education, and access to the Foundation's private online peer community of fellows. In november 2020, the Foundation launched an exclusive loan program in partnership with kiva to provide no-interest loans for working capital needs.fellowships:igi fellowshipin november 2020, the Tory Burch Foundation launched the Tory Burch fellowship in partnership with the innovative genomics institute (igi). One woman science entrepreneur was chosen to be embedded at igi for one year with the use of their labs and their staff as mentors. These entrepreneurs also had the option of joining the tbf fellows community and were given access to all tbf programming. This program concluded in september 2023.vfilesin may 2022, the Tory Burch Foundation launched a partnership with vfiles to support a vfiles lab entrepreneur through the Tory Burch Foundation fellows program. The vfiles Foundation is a 501(c)(3) organization with the mission to increase business ownership for creators in underrepresented communities (bipoc, women, lgbtq+). The vfiles Foundation provides seed grants, mentorship, and soft skills training through its flagship program, vfiles lab. One entrepreneur was chosen to participate in the tbf fellows community and was given access to all the tbf programming. This program concluded in june 2023.billie jean king sports fellowshipin april 2023, the Tory Burch Foundation launched a partnership with the billie jean king cup and the international tennis federation to support women entrepreneurs in the sports industry through the Tory Burch Foundation fellows program. This entrepreneur was also given additional resources and support from leaders in the sports industry.
Education programs:small business webinarsas a result of the covid-19 pandemic, the Tory Burch Foundation pivoted to offer small business owners credible, quality information for free to help them navigate the changing landscape. Starting in april 2020, the Foundation launched a recurring small business webinar series to provide the most relevant and current information for women business owners. The series is moderated by the Foundation team and features top experts. Additionally, the Foundation continues to produce free articles and online tools for our community in order to ensure small business owners have the resources they need to survive and sustain beyond the pandemic.digital resourcesthe Tory Burch Foundation website is a digital education hub with comprehensive and timely content for entrepreneurs covering a range of business topics. The destination features over 300+ articles and online videos, as well as a business plan builder and funding finder tool. There is also a donation portal for the public at www.toryburchfoundation.org/donate.