BABSON SELECTS 25 WOMEN ENTREPRENEURS FOR WIN LAB BUSINESS ACCELERATOR
The Center for Women’s Entrepreneurial Leadership (CWEL) has selected 25 women entrepreneurs to participate in the 2014-15 Women Innovating Now (WIN) Lab® business accelerator, a one-of-a-kind-program specifically designed to support women entrepreneurs in their startup and early-stage ventures.
The WIN Lab® provides Babson women entrepreneurs ─ undergraduates, graduates, and alumnae ─ the road map, expertise, inspiration, and community they need to successfully reach their entrepreneurial goals.
This year, Babson has partnered with the City of Boston's Office of Business Development and Boston's Office of Women's Advancement to support five women entrepreneur fellows from “Women on Main,” an initiative begun in 2013 to better serve and connect women business owners throughout the city of Boston.
About the WIN Lab®
The WIN Lab® is a year long residency program that meets weekly throughout the school year. WIN Lab® entrepreneurs build strong, functional knowledge and skills necessary to navigate their entrepreneurial pathways. They deliver monthly updates and pitch their entrepreneurial ventures to WIN Lab® peers, and to special guest entrepreneurs, angel investors, and others with links to potential funding sources. The coaching team includes Sharon Kan, Chief Visionary Officer; Susan Duffy, Chief Learning Officer and CWEL's Executive Director; and Heatherjean MacNeil, Chief Operations Officer and CWEL's Program Director.
The WIN Lab® Experience:
- Links to strategic partners
- Business pitch practice
- Access to bank loans, loan funds and guarantee programs
- Accounting/financial management basics
- Strategic networking activities
- Customer acquisition and marketing strategies
- Introductions to angel investors and the venture capital community
- Comprehensive business training programs
- Access to advisory boards and mentors
- Management team identification
- Help with regulatory compliance
- Exposure to “near peer” entrepreneurial leader experts
“From our research, we know that there are more than 126 million women entrepreneurs active around the world,” said Babson President Kerry Healey. “Yet more can and must be done to help women further grow their businesses. Babson’s WIN Lab® is designed to do just that. This first-of-its kind incubator helps women entrepreneurs build new collaborations, develop their entrepreneurial abilities, and access the resources necessary to both expand their businesses and create much-needed jobs.”
The WIN Lab® is held on Babson’s Wellesley campus, as well as its Boston campus in the heart of the innovation district. For more information about The WIN Lab®, email Heatherjean MacNeil.
About the Center for Women's Entrepreneurial Leadership
Founded in 2000, the Center for Women’s Entrepreneurial Leadership at Babson College (CWEL) fulfills and extends Babson’s mission by educating, inspiring, and empowering women entrepreneurial leaders to reach their full potential to create economic and social value for themselves, their organizations, and society. The Center does this through innovative education programs, events, and by supporting and widely disseminating research about the unique skills and experiences of women entrepreneurial leaders. Additionally, CWEL supports and advances gender equality as a growth strategy for individuals and for organizations of all sizes, everywhere in the world.