Scholarship details
Cartier Women’s Initiative Award of €100000 for Female Entrepreneurs from France
The Cartier Women’s Initiative Award is a prestigious international entrepreneurship competition that aims to support and empower female entrepreneurs. Launched in 2006 by Cartier in partnership with the global women’s business network INSEAD, this award has been a platform for recognizing and celebrating the outstanding achievements of women entrepreneurs worldwide.
With a focus on fostering innovation, sustainability, and social impact, the Cartier Women’s Initiative Award encourages aspiring female entrepreneurs to develop their ideas and turn them into successful businesses. The program provides financial support, mentorship opportunities, and access to a global network of experts, enabling participants to thrive in their respective fields.
Scholarship Provider: Cartier
Cartier is a renowned French luxury goods company known for its exquisite jewelry and watches. Founded in Paris in 1847, it has become an iconic brand recognized worldwide. Beyond its commitment to high-quality craftsmanship, Cartier has also demonstrated its dedication to creating positive change through various philanthropic initiatives.
The Cartier Women’s Initiative Award exemplifies the brand’s commitment to empowering women and promoting gender equality. By providing financial resources and valuable support to female entrepreneurs from France and beyond, Cartier aims to foster economic growth, innovation, and social progress.
Eligible Applicants
The Cartier Women’s Initiative Award is open to early-stage women entrepreneurs leading businesses that are financially viable and sustainable. Applicants must be at least 18 years old as of the application deadline and have French nationality or be legal residents living in France for at least six consecutive months. The award encourages entrepreneurs from various sectors and industries to apply, including but not limited to technology, healthcare, education, and environmental sustainability.
Host Country
The Cartier Women’s Initiative Award is open to female entrepreneurs from France. The program recognizes the potential of French women in driving economic growth and fostering innovation. By providing financial support and mentorship opportunities, Cartier aims to nurture the business ideas of these talented individuals and help them make a substantial impact in their respective fields.
Scholarship Worth
The Cartier Women’s Initiative Award offers selected female entrepreneurs a grant of €100,000 to further develop their businesses. In addition to the financial support, awardees receive personalized coaching, networking opportunities with international experts, and media exposure through various platforms. The resources provided by the program empower these entrepreneurs to scale their ventures, create positive social change, and contribute to sustainable development.
Level and Field of Study
The Cartier Women’s Initiative Award does not focus on academic studies but supports female entrepreneurs at an early stage of their business ventures. The award is open to all fields of study as long as the entrepreneurship project demonstrates innovation, sustainability, and potential for social impact. Whether it be technology-driven startups or businesses addressing critical societal issues such as healthcare or environmental conservation, applicants are encouraged to showcase their unique contributions.
How to Apply for the Cartier Women’s Initiative Award
To apply for the Cartier Women’s Initiative Award, interested entrepreneurs need to submit an online application through the official website during the specified application period. The application requires detailed information about the business idea or existing venture, including its objectives, market analysis, financial projections, team composition, and potential social impact. Additionally, applicants need to provide a brief video presentation introducing themselves and their businesses.
The application is assessed based on the project’s originality, feasibility, sustainability, social impact, leadership qualities of the entrepreneur, and financial viability. After a rigorous evaluation process including multiple rounds of assessments by independent international jurors and experts, the finalists are invited to present their projects in person at the final competition event.
Countries That Can Apply
The Cartier Women’s Initiative Award accepts applications from women entrepreneurs worldwide, including France. The program aims to recognize and support female business leaders globally and encourages applications from diverse locations. Whether from developed or emerging economies, all eligible female entrepreneurs have an equal opportunity to participate in this prestigious award.
Eligibility Criteria for the Cartier Women’s Initiative Award
To be eligible for the Cartier Women’s Initiative Award:
- The applicant must be a woman entrepreneur who owns a significant stake in her business.
- The business must have operated for at least one year but no longer than five years.
- The revenue generation should be at an early stage or be part of a pilot project that shows growth potential.
- Applicants must commit to making positive social or environmental impacts through their business ventures.
- The applicant should have a clear vision for scaling her business and contributing to sustainable development.
If an applicant does not meet these criteria, she may still participate but will not be eligible for the main award. However, all participants can benefit from valuable networking opportunities and receive feedback on their projects during the evaluation process.
Scholarship Deadline
The next scholarship applications will open on May 22, 2024, and close on July 3, 2024.
FAQ (Frequently Asked Questions)
1. Can a woman entrepreneur from France apply if her business is not based in France?
Yes, female entrepreneurs from France can still apply for the Cartier Women’s Initiative Award even if their businesses are not based in France. However, applicants must meet the residency requirements of at least six consecutive months of living in France.
2. What happens if an applicant does not meet all the eligibility criteria?
If an applicant does not meet all the eligibility criteria but has a promising business venture, she can still participate in the award. Although she may not be eligible for the main grant, she can benefit from networking opportunities and feedback during the evaluation process.
3. Are previous Cartier Women’s Initiative Award winners eligible to reapply?
No, previous Cartier Women’s Initiative Award winners are not eligible to reapply. However, they become part of an esteemed network and can continue to engage with Cartier and fellow awardees through various initiatives organized by the program.
