SheEO: An Innovative Fund for Female-Led Social Impact Startups
On November 23rd 2020, SheEO announced that Access Trax is a Semi-Finalist for the opportunity to become a SheEO US Venture. Founded in 2015 in Canada, SheEO is a unique and refreshing model for supporting women-led businesses through radical generosity. Available in Canada, the US, Australia, New Zealand, and the UK, the SheEO model brings together women from different backgrounds, called Activators, who contribute to a Perpetual Fund that is loaned out at zero percent interest to women-led Ventures who are working on the World’s To-Do List.
SheEO pushes the reset button on how to support women on their own terms. We focus on bringing out the best of women by being radically generous to one another.
How the SheEO Program Works
Venture applications open once a year and are evaluated by the Activators who then vote for the Semi-Finalists. A second-round application is submitted by the Semi-Finalists and a few months later, the voting begins again to select 10 Finalists. Funding is loaned out to the Ventures over a 5 year term and then loaned out again, creating the Perpetual Fund that will be passed on to future female-led social-impact Ventures. In addition to the funding, SheEO Semi-Finalists and Finalists have access to the entire network of Activators, mentorship and a community that empowers women to ask, give, and practice radical generosity.
Since launching in 2015, SheEO has brought together over 5,000 Activators, raised more than $5 million in loans, and funded over 73 Ventures across the globe.
Access Trax Thanks the Activators
As 1 of 20 chosen to qualify out of over 115 applications, Access Trax will find out in February 2021 if we earn a spot in the finals. It is an honor to be among this cohort of amazing visionaries who are working to make the world a better place. Thank you to the hundreds of radically generous SheEO Activators who selected us and who contribute their own money, expertise, and advice to support incredible Ventures each year!
Check out the rest of this year’s Semi-Finalists working on World’s To-Do List here: US SheEO Semi-Finalists.
About the Access Trax Wheelchair Accessible Mat
Inspired by adaptive surfers, Access Trax empowers people with physical disabilities to access outdoor terrain using our modular folding pathway. Outdoor terrain like sand, grass or snow is a barrier to the millions of people around the world with mobility challenges. The Trax pathway was invented by 2 occupational therapists in order to make the outdoors more accessible. It is the most user-friendly and cost-effective solution for sale and rent. We are proud to serve families, adaptive sports organizations, the National Park Service, and the Department of Veterans Affairs. The durable pathways are also being used by the film industry and forklift operators for a stable surface over sand, dirt and gravel! Access Trax is committed to advocacy and community service including beach cleanups, inclusion advocacy, and inspiring future entrepreneurs. We proudly partner with international organizations. Access Trax provides “Access for Life.”
To learn more, check out the product here. To learn 6 common uses for a portable access mat, check out this informative article.