SheEO is a "radically redesigned ecosystem that supports, finances, and celebrates female innovators". This incredible initiative launched in Canada back in 2015, and has emerged as a leading global innovation that is totally unique. Rather than trying to fit women into the existing models and systems and level the playing field, SheEO is creating an entirely new field!
What exactly is it? Well, the model brings together 500 women (Activators) in each year’s cohort, who contribute $1100 each as an Act of Radical Generosity. The money is pooled together and loaned out at zero percent interest to five women-led ventures selected by the Activators. The loans are paid back over five years and then loaned out again, creating a perpetual fund which we will pass on to our daughters, nieces and granddaughters.
Murawin Managing Director, Carol Vale, is proud to announce that she has already signed up to be an Activator, and is so excited to support this amazing initiative and provide real support to other incredible women-led businesses in Australia.